Robert Alan Hickey Sells 1,056 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 1,056 shares of Bowman Consulting Group stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $22.07, for a total transaction of $23,305.92. Following the sale, the insider now owns 195,832 shares in the company, valued at $4,322,012.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, October 18th, Robert Alan Hickey sold 1,444 shares of Bowman Consulting Group stock. The stock was sold at an average price of $22.09, for a total transaction of $31,897.96.
• On Monday, August 19th, Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock. The shares were sold at an average price of $23.07, for a total value of $57,675.00.

Bowman Consulting Group Stock Performance

Shares of BWMN stock opened at $22.19 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a market capitalization of $403.86 million, a price-to-earnings ratio of -29.59 and a beta of 1.12. Bowman Consulting Group Ltd. has a one year low of $19.92 and a one year high of $42.90. The company’s 50-day simple moving average is $22.68 and its 200-day simple moving average is $28.04.

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

Analyst Ratings Changes

Several research analysts recently commented on BWMN shares. Robert W. Baird cut their price target on Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Roth Mkm cut their target price on Bowman Consulting Group from $47.00 to $43.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Bowman Consulting Group has a consensus rating of “Buy” and an average target price of $40.10.

Hedge Funds Weigh In On Bowman Consulting Group

Large investors have recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new stake in Bowman Consulting Group during the second quarter valued at $96,000. Norden Group LLC acquired a new stake in Bowman Consulting Group during the first quarter worth about $207,000. Acorn Financial Advisory Services Inc. ADV bought a new position in Bowman Consulting Group in the third quarter worth about $217,000. Virtu Financial LLC acquired a new position in Bowman Consulting Group in the first quarter valued at approximately $226,000. Finally, Comerica Bank grew its holdings in shares of Bowman Consulting Group by 18.2% during the first quarter. Comerica Bank now owns 7,745 shares of the company’s stock valued at $269,000 after purchasing an additional 1,190 shares during the last quarter. 63.20% of the stock is currently owned by institutional investors.

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.