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 the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $22.46, for a total transaction of $56,150.00. Following the completion of the transaction, the insider now directly owns 188,177 shares in the company, valued at approximately $4,226,455.42. The trade was a 1.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Bowman Consulting Group Price Performance

BWMN stock traded down $0.39 during mid-day trading on Wednesday, hitting $21.90. 67,158 shares of the stock were exchanged, compared to its average volume of 56,142. The business has a fifty day moving average price of $25.03 and a 200 day moving average price of $24.38. Bowman Consulting Group Ltd. has a 12 month low of $19.92 and a 12 month high of $42.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43. The stock has a market capitalization of $383.91 million, a price-to-earnings ratio of -27.72 and a beta of 1.28.

Institutional Trading of Bowman Consulting Group

A number of hedge funds have recently bought and sold shares of BWMN. BNP Paribas Financial Markets purchased a new position in shares of Bowman Consulting Group during the fourth quarter worth approximately $42,000. Quantbot Technologies LP grew its holdings in shares of 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 bought a new position in shares of Bowman Consulting Group during the 4th quarter valued at $147,000. Wells Fargo & Company MN lifted its stake in Bowman Consulting Group by 55.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,524 shares of the company’s stock worth $163,000 after purchasing an additional 2,316 shares during the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV bought a new stake in Bowman Consulting Group in the third quarter worth $217,000. Institutional investors own 63.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird cut their price objective on Bowman Consulting Group from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Bowman Consulting Group currently has an average rating of “Buy” and an average price target of $39.70.

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.