Bowman Consulting Group Ltd. (NASDAQ:BWMN) Director Sells $16,828.00 in Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) Director Patricia Mulroy sold 700 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $24.04, for a total value of $16,828.00. Following the sale, the director now directly owns 18,411 shares of the company’s stock, valued at $442,600.44. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Patricia Mulroy also recently made the following trade(s):

• On Monday, August 19th, Patricia Mulroy sold 700 shares of Bowman Consulting Group stock. The shares were sold at an average price of $23.24, for a total value of $16,268.00.

Bowman Consulting Group Stock Up 2.1 %

Shares of NASDAQ:BWMN opened at $23.47 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market cap of $414.64 million, a price-to-earnings ratio of -35.03 and a beta of 1.09. The company has a 50 day moving average of $26.35 and a 200-day moving average of $30.68. Bowman Consulting Group Ltd. has a one year low of $21.02 and a one year high of $42.90.

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

Institutional Investors Weigh In On Bowman Consulting Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millrace Asset Group Inc. grew its position in shares of Bowman Consulting Group by 58.0% during the 4th quarter. Millrace Asset Group Inc. now owns 53,444 shares of the company’s stock worth $1,898,000 after buying an additional 19,617 shares during the period. Polen Capital Management LLC acquired a new position in Bowman Consulting Group during the fourth quarter valued at approximately $2,010,000. Norden Group LLC bought a new stake in Bowman Consulting Group in the first quarter valued at approximately $207,000. Conestoga Capital Advisors LLC acquired a new stake in Bowman Consulting Group in the first quarter worth $1,028,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Bowman Consulting Group by 33.8% during the first quarter. Russell Investments Group Ltd. now owns 66,348 shares of the company’s stock worth $2,308,000 after purchasing an additional 16,761 shares in the last quarter. Institutional investors own 63.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Robert W. Baird decreased their price objective on shares of Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Baird R W raised shares of Bowman Consulting Group to a “strong-buy” rating in a research note on Monday, June 3rd. Finally, Roth Mkm dropped their price objective on shares of Bowman Consulting Group from $47.00 to $43.00 and set a “buy” rating for the company 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 stock. According to MarketBeat.com, Bowman Consulting Group presently has an average rating of “Buy” and an average price target of $40.10.

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.