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 Bowman Consulting Group stock in a transaction 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 sale, the insider now owns 188,177 shares of the company’s stock, valued at approximately $4,226,455.42. This trade represents a 1.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Bowman Consulting Group Trading Down 1.0 %

BWMN opened at $20.78 on Friday. 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 fifty day moving average is $24.62 and its two-hundred day moving average is $24.27. The company has a market capitalization of $364.27 million, a P/E ratio of -26.30 and a beta of 1.28. Bowman Consulting Group Ltd. has a 52 week low of $19.92 and a 52 week high of $42.90.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird reduced their price target on shares of 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 equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Bowman Consulting Group currently has a consensus rating of “Buy” and a consensus price target of $39.70.

Hedge Funds Weigh In On Bowman Consulting Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC lifted its position in shares of Bowman Consulting Group by 5.0% in the 3rd quarter. FMR LLC now owns 2,730,755 shares of the company’s stock worth $65,757,000 after purchasing an additional 128,981 shares during the period. Vanguard Group Inc. raised its stake in Bowman Consulting Group by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 800,748 shares of the company’s stock worth $19,979,000 after buying an additional 13,198 shares in the last quarter. Pembroke Management LTD lifted its holdings in Bowman Consulting Group by 10.0% during the third quarter. Pembroke Management LTD now owns 711,648 shares of the company’s stock worth $17,136,000 after buying an additional 64,617 shares during the period. Polar Asset Management Partners Inc. boosted its position in Bowman Consulting Group by 16.3% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company’s stock valued at $11,627,000 after acquiring an additional 67,708 shares in the last quarter. Finally, Summit Creek Advisors LLC raised its position in shares of Bowman Consulting Group by 14.3% in the 4th quarter. Summit Creek Advisors LLC now owns 373,443 shares of the company’s stock worth $9,317,000 after acquiring an additional 46,816 shares in the last quarter. Institutional investors own 63.20% of the company’s stock.

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.