Robert Alan Hickey Sells 2,500 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock in a transaction dated 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 directly 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 filing with the SEC, which is accessible through this link.

Bowman Consulting Group Stock Performance

Shares of Bowman Consulting Group stock opened at $21.00 on Friday. Bowman Consulting Group Ltd. has a one year low of $19.92 and a one year high of $42.90. The firm has a market capitalization of $368.13 million, a price-to-earnings ratio of -26.58 and a beta of 1.28. The business has a 50-day simple moving average of $24.75 and a 200 day simple moving average of $24.34. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43.

Analyst Ratings Changes

Separately, Robert W. Baird lowered their price objective 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 equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $39.70.

Institutional Trading of Bowman Consulting Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BWMN. BNP Paribas Financial Markets bought a new stake in Bowman Consulting Group in the 4th quarter valued at about $42,000. Quantbot Technologies LP boosted its stake in Bowman Consulting Group by 115.6% during the 3rd quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock valued at $94,000 after purchasing an additional 2,087 shares during the last quarter. SG Americas Securities LLC acquired a new position in Bowman Consulting Group during the 4th quarter valued at about $147,000. Wells Fargo & Company MN boosted its stake 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 valued at $163,000 after purchasing an additional 2,316 shares during the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV acquired a new position in Bowman Consulting Group during the 3rd quarter valued at about $217,000. 63.20% of the stock is owned by 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.