Bowman Consulting Group (NASDAQ:BWMN) Director Patricia Mulroy Sells 883 Shares of Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMNGet Free Report) Director Patricia Mulroy sold 883 shares of Bowman Consulting Group stock in a transaction on Monday, August 10th. The shares were sold at an average price of $42.37, for a total transaction of $37,412.71. Following the completion of the sale, the director owned 26,330 shares in the company, valued at approximately $1,115,602.10. This trade represents a 3.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bowman Consulting Group Stock Down 0.4%

Shares of Bowman Consulting Group stock opened at $42.22 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.22. Bowman Consulting Group Ltd. has a 12-month low of $25.07 and a 12-month high of $45.83. The company has a market cap of $739.27 million, a P/E ratio of 105.55, a PEG ratio of 5.33 and a beta of 1.36. The company’s fifty day simple moving average is $29.39 and its two-hundred day simple moving average is $30.92.

Bowman Consulting Group (NASDAQ:BWMNGet Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.47 by $0.15. The firm had revenue of $146.13 million during the quarter, compared to analysts’ expectations of $129.35 million. Bowman Consulting Group had a net margin of 1.30% and a return on equity of 2.67%. Research analysts anticipate that Bowman Consulting Group Ltd. will post 0.82 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BWMN. Globeflex Capital L P bought a new stake in Bowman Consulting Group during the second quarter worth about $121,000. Summit Creek Advisors LLC purchased a new stake in Bowman Consulting Group in the second quarter worth about $6,431,000. BlackRock Inc. bought a new position in shares of Bowman Consulting Group during the second quarter valued at approximately $31,113,000. Deutsche Bank AG bought a new position in shares of Bowman Consulting Group during the second quarter valued at approximately $421,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Bowman Consulting Group during the second quarter valued at approximately $1,187,000. 63.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BWMN. Robert W. Baird set a $43.00 price objective on Bowman Consulting Group in a research report on Monday. JPMorgan Chase & Co. increased their target price on Bowman Consulting Group from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Capital One Financial set a $43.00 target price on Bowman Consulting Group in a research report on Tuesday. Wall Street Zen cut Bowman Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Texas Capital lowered Bowman Consulting Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Eight equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $44.29.

Get Our Latest Stock Report on BWMN

Key Stories Impacting Bowman Consulting Group

Here are the key news stories impacting Bowman Consulting Group this week:

  • Positive Sentiment: Strong earnings increased investor confidence. Bowman reported quarterly earnings of $0.62 per share, exceeding the $0.47 consensus estimate, while revenue of $146.13 million surpassed expectations of $129.35 million. The results helped propel the shares sharply higher. Bowman earnings report
  • Positive Sentiment: The proposed acquisition provides a defined valuation. Bernhard Capital Partners has agreed to acquire Bowman for $43 in cash per share, creating a near-term catalyst and limiting downside if the transaction closes. The deal remains subject to customary conditions and approvals.
  • Neutral Sentiment: Options activity points to heightened speculation. Trading in call options was unusually heavy, with 4,127 contracts changing hands—about 15 times typical volume. The activity may reflect expectations for deal completion or additional upside, but it is not a guarantee of sustained buying. Unusually large options trading
  • Negative Sentiment: Two firms downgraded the stock to Hold. Texas Capital and Robert W. Baird lowered Bowman from “strong-buy” to “hold.” The changes suggest analysts see limited upside beyond the $43 offer price after the recent rally. Analyst downgrade reports
  • Negative Sentiment: Deal scrutiny presents a potential obstacle. Kahn Swick & Foti is investigating whether the $43 offer and sale process adequately compensate shareholders. Any litigation, competing-bid speculation or approval delays could increase merger risk. Bowman acquisition investigation
  • Negative Sentiment: Insider sales add a modest cautionary signal. Director Patricia Mulroy sold 883 shares for approximately $37,413, following COO Daniel Swayze’s sale of 914 shares. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as a bearish signal.

About Bowman Consulting Group

(Get Free Report)

Bowman Consulting Group Ltd. (NASDAQ: BWMN) is a multidisciplinary professional services firm that provides engineering, environmental, planning and surveying services to public and private sector clients. Its service offerings encompass civil, geotechnical and environmental engineering; land development planning and permitting; construction management; survey and geospatial services; and ecological and water resources consulting. The firm supports infrastructure, real estate, energy, utilities and telecommunications projects, delivering site characterization, design, permitting and construction-phase oversight.

Since its founding in 1980, Bowman Consulting Group has grown organically and through strategic acquisitions to expand its technical capabilities and geographic footprint.

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Insider Buying and Selling by Quarter for Bowman Consulting Group (NASDAQ:BWMN)

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