Bowman Consulting Group Ltd. (NASDAQ:BWMN) Insider Robert Alan Hickey Sells 1,444 Shares

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 1,444 shares of the company’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $22.09, for a total transaction of $31,897.96. Following the completion of the sale, the insider now directly owns 196,888 shares of the company’s stock, valued at $4,349,255.92. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Robert Alan Hickey also recently made the following trade(s):

• On Monday, August 19th, Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock. The stock was sold at an average price of $23.07, for a total transaction of $57,675.00.

Bowman Consulting Group Trading Down 1.2 %

Bowman Consulting Group stock opened at $21.09 on Wednesday. The stock has a 50-day moving average price of $23.27 and a 200 day moving average price of $28.79. The company has a market capitalization of $372.60 million, a price-to-earnings ratio of -31.48 and a beta of 1.09. Bowman Consulting Group Ltd. has a 52 week low of $21.02 and a 52 week high of $42.90. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.18.

Bowman Consulting Group (NASDAQ:BWMN) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.10). The business had revenue of $104.50 million during the quarter, compared to analysts’ expectations of $113.01 million. Bowman Consulting Group had a negative net margin of 2.67% and a positive return on equity of 4.40%. Sell-side analysts anticipate that Bowman Consulting Group Ltd. will post -0.36 EPS for the current year.

Wall Street Analysts Forecast Growth

BWMN has been the topic of a number of recent analyst reports. Robert W. Baird lowered their price target on shares of Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Roth Mkm dropped their price target on Bowman Consulting Group from $47.00 to $43.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $40.10.

Institutional Trading of Bowman Consulting Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Norden Group LLC purchased a new stake in Bowman Consulting Group in the 1st quarter worth approximately $207,000. Russell Investments Group Ltd. lifted its stake in shares of Bowman Consulting Group by 33.8% in the 1st quarter. Russell Investments Group Ltd. now owns 66,348 shares of the company’s stock valued at $2,308,000 after purchasing an additional 16,761 shares during the period. Vanguard Group Inc. boosted its holdings in Bowman Consulting Group by 28.0% during the first quarter. Vanguard Group Inc. now owns 662,733 shares of the company’s stock worth $23,056,000 after buying an additional 144,978 shares in the last quarter. Summit Creek Advisors LLC grew its position in Bowman Consulting Group by 19.0% during the first quarter. Summit Creek Advisors LLC now owns 300,253 shares of the company’s stock valued at $10,446,000 after buying an additional 47,844 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Bowman Consulting Group in the first quarter valued at $620,000. 63.20% of the stock is owned by institutional investors and hedge funds.

Bowman Consulting Group Company Profile

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.