Bowman Consulting Group Ltd. (NASDAQ:BWMN) Insider Robert Alan Hickey Sells 2,500 Shares of 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 shares were sold at an average price of $22.46, for a total value of $56,150.00. Following the sale, the insider now directly owns 188,177 shares of the company’s stock, valued at $4,226,455.42. This represents a 1.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Bowman Consulting Group Trading Down 1.7 %

NASDAQ BWMN opened at $21.90 on Thursday. 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 simple moving average is $24.90 and its two-hundred day simple moving average is $24.36. Bowman Consulting Group Ltd. has a twelve month low of $19.92 and a twelve month high of $42.90. The company has a market capitalization of $383.91 million, a price-to-earnings ratio of -27.72 and a beta of 1.28.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Bowman Consulting Group

A number of large investors have recently modified their holdings of BWMN. 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 worth $7,859,000 after purchasing an additional 27,056 shares during the last quarter. Barclays PLC lifted its stake in shares of Bowman Consulting Group by 210.4% in the 3rd quarter. Barclays PLC now owns 21,341 shares of the company’s stock valued at $513,000 after acquiring an additional 14,466 shares during the last quarter. State Street Corp boosted its holdings in Bowman Consulting Group by 5.8% during the 3rd quarter. State Street Corp now owns 255,259 shares of the company’s stock valued at $6,147,000 after acquiring an additional 13,904 shares during the period. Pembroke Management LTD grew its position in Bowman Consulting Group by 10.0% during the 3rd quarter. Pembroke Management LTD now owns 711,648 shares of the company’s stock worth $17,136,000 after acquiring an additional 64,617 shares during the last quarter. Finally, FMR LLC increased its stake in 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. 63.20% of the stock is owned by hedge funds and other institutional investors.

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.