Bowman Consulting Group Ltd. (NASDAQ:BWMN) Insider Sells $56,150.00 in Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 2,500 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $22.46, for a total transaction 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. The trade was a 1.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Bowman Consulting Group Stock Performance

BWMN opened at $20.78 on Friday. The company has a market cap of $364.27 million, a P/E ratio of -26.30 and a beta of 1.28. 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 firm’s 50-day moving average price is $24.62 and its 200-day moving average price is $24.27. Bowman Consulting Group Ltd. has a 52-week low of $19.92 and a 52-week high of $42.90.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird reduced their price target on Bowman Consulting Group from $29.00 to $27.00 and set an “outperform” rating on the stock 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, the stock presently has an average rating of “Buy” and a consensus price target of $39.70.

Institutional Trading of Bowman Consulting Group

Several large investors have recently bought and sold shares of BWMN. FMR LLC raised its holdings in shares of Bowman Consulting Group by 5.0% in the third quarter. FMR LLC now owns 2,730,755 shares of the company’s stock worth $65,757,000 after buying an additional 128,981 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Bowman Consulting Group by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 800,748 shares of the company’s stock valued at $19,979,000 after acquiring an additional 13,198 shares during the period. Pembroke Management LTD raised its stake in Bowman Consulting Group by 10.0% in 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. Polar Asset Management Partners Inc. raised its stake in Bowman Consulting Group by 16.3% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company’s stock worth $11,627,000 after acquiring an additional 67,708 shares during the last quarter. Finally, Summit Creek Advisors LLC lifted its position in Bowman Consulting Group by 14.3% during the 4th quarter. Summit Creek Advisors LLC now owns 373,443 shares of the company’s stock worth $9,317,000 after acquiring an additional 46,816 shares during the period. Hedge funds and other institutional investors own 63.20% of the company’s stock.

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.