Bowman Consulting Group Ltd. (NASDAQ:BWMN) Insider Sells $56,150.00 in Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $22.46, for a total value of $56,150.00. Following the completion of the transaction, the insider now owns 188,177 shares in the company, valued at $4,226,455.42. The trade was a 1.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Bowman Consulting Group Price Performance

Shares of NASDAQ BWMN opened at $21.00 on Friday. Bowman Consulting Group Ltd. has a twelve month low of $19.92 and a twelve month high of $42.90. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average price is $24.75 and its 200-day moving average price is $24.34. The company has a market capitalization of $368.13 million, a PE ratio of -26.58 and a beta of 1.28.

Hedge Funds Weigh In On Bowman Consulting Group

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Bowman Consulting Group by 9.0% in the third quarter. Geode Capital Management LLC now owns 326,306 shares of the company’s stock valued at $7,859,000 after purchasing an additional 27,056 shares during the last quarter. Barclays PLC lifted its stake in Bowman Consulting Group by 210.4% in the third quarter. Barclays PLC now owns 21,341 shares of the company’s stock valued at $513,000 after purchasing an additional 14,466 shares during the last quarter. State Street Corp lifted its stake in Bowman Consulting Group by 5.8% in the third quarter. State Street Corp now owns 255,259 shares of the company’s stock valued at $6,147,000 after purchasing an additional 13,904 shares during the last quarter. Pembroke Management LTD lifted its stake in Bowman Consulting Group by 10.0% in the third quarter. Pembroke Management LTD now owns 711,648 shares of the company’s stock valued at $17,136,000 after purchasing an additional 64,617 shares during the last quarter. Finally, FMR LLC raised its holdings in Bowman Consulting Group by 5.0% during the 3rd quarter. FMR LLC now owns 2,730,755 shares of the company’s stock valued at $65,757,000 after acquiring an additional 128,981 shares during the period. Hedge funds and other institutional investors own 63.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird cut their target price on Bowman Consulting Group from $29.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $39.70.

About Bowman Consulting Group

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals.