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 the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was 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 approximately $4,322,012.24. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 stock was sold at an average price of $23.07, for a total transaction of $57,675.00.

Bowman Consulting Group Price Performance

BWMN traded up $0.09 during trading hours on Monday, hitting $21.67. The company’s stock had a trading volume of 86,256 shares, compared to its average volume of 95,536. The business’s 50-day moving average price is $22.75 and its 200-day moving average price is $28.10. Bowman Consulting Group Ltd. has a 12 month low of $19.92 and a 12 month high of $42.90. The stock has a market cap of $394.39 million, a price-to-earnings ratio of -28.89 and a beta of 1.12. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.18.

Bowman Consulting Group (NASDAQ:BWMN) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $104.50 million during the quarter, compared to the consensus estimate of $113.01 million. Sell-side analysts expect that Bowman Consulting Group Ltd. will post -0.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bowman Consulting Group

Large investors have recently bought and sold shares of the business. Quadrature Capital Ltd bought a new stake in Bowman Consulting Group in the first quarter worth $620,000. Russell Investments Group Ltd. increased its position in Bowman Consulting Group by 33.8% during the first quarter. Russell Investments Group Ltd. now owns 66,348 shares of the company’s stock valued at $2,308,000 after acquiring an additional 16,761 shares during the last quarter. Vanguard Group Inc. increased its position in Bowman Consulting Group by 28.0% during the first quarter. Vanguard Group Inc. now owns 662,733 shares of the company’s stock valued at $23,056,000 after acquiring an additional 144,978 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Bowman Consulting Group by 46.3% during the second quarter. Dimensional Fund Advisors LP now owns 76,581 shares of the company’s stock valued at $2,434,000 after acquiring an additional 24,244 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in Bowman Consulting Group by 87.4% during the second quarter. Emerald Mutual Fund Advisers Trust now owns 187,410 shares of the company’s stock valued at $5,958,000 after acquiring an additional 87,410 shares during the last quarter. Institutional investors own 63.20% of the company’s stock.

Wall Street Analyst Weigh In

BWMN has been the subject of a number of research analyst reports. Roth Mkm cut 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 report on Thursday, August 8th. Robert W. Baird cut their price objective on shares of Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $40.10.

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.