Bowman Consulting Group Ltd. (NASDAQ:BWMN) Insider Robert Alan Hickey Sells 700 Shares of Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 700 shares of the company’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $22.08, for a total transaction of $15,456.00. Following the sale, the insider now directly owns 188,485 shares of the company’s stock, valued at $4,161,748.80. This represents a 0.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, February 18th, Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00.

Bowman Consulting Group Stock Performance

NASDAQ BWMN opened at $22.41 on Friday. The firm’s fifty day moving average price is $21.79 and its two-hundred day moving average price is $23.63. The stock has a market cap of $386.89 million, a PE ratio of -28.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43. Bowman Consulting Group Ltd. has a fifty-two week low of $17.90 and a fifty-two week high of $36.65.

Bowman Consulting Group (NASDAQ:BWMN) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The firm had revenue of $113.22 million for the quarter, compared to the consensus estimate of $110.00 million. Bowman Consulting Group had a positive return on equity of 3.76% and a negative net margin of 2.62%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BWMN. BNP Paribas Financial Markets acquired a new position in Bowman Consulting Group in the 4th quarter valued at approximately $42,000. GAMMA Investing LLC grew its stake in shares of Bowman Consulting Group by 1,856.3% in the first quarter. GAMMA Investing LLC now owns 4,519 shares of the company’s stock worth $99,000 after purchasing an additional 4,288 shares during the last quarter. NBC Securities Inc. increased its holdings in Bowman Consulting Group by 100,080.0% in the first quarter. NBC Securities Inc. now owns 5,009 shares of the company’s stock valued at $109,000 after purchasing an additional 5,004 shares during the period. SG Americas Securities LLC bought a new position in Bowman Consulting Group during the 4th quarter worth $147,000. Finally, Wells Fargo & Company MN lifted its holdings in Bowman Consulting Group by 55.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,524 shares of the company’s stock worth $163,000 after buying an additional 2,316 shares during the period. Institutional investors own 63.20% of the company’s stock.

Analyst Upgrades and Downgrades

BWMN has been the topic of a number of recent analyst reports. B. Riley raised shares of Bowman Consulting Group to a “strong-buy” rating in a research note on Tuesday, March 18th. Bank of America decreased their price target on Bowman Consulting Group from $36.50 to $30.50 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. Finally, Robert W. Baird dropped their price objective on Bowman Consulting Group from $29.00 to $28.00 and set an “outperform” rating for the company in a research report on Thursday, March 13th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $33.83.

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.