Robert Alan Hickey Sells 1,444 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 1,444 shares of the stock in a transaction on Friday, October 18th. The stock was sold at an average price of $22.09, for a total transaction of $31,897.96. Following the transaction, the insider now directly owns 196,888 shares in the company, valued at $4,349,255.92. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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

NASDAQ BWMN opened at $20.63 on Thursday. The company’s fifty day moving average is $23.24 and its two-hundred day moving average is $28.71. The firm has a market capitalization of $364.47 million, a price-to-earnings ratio of -30.72 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.26 and a quick ratio of 1.26. Bowman Consulting Group Ltd. has a 52-week low of $20.48 and a 52-week high of $42.90.

Bowman Consulting Group (NASDAQ:BWMN) last announced its quarterly earnings data 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). The firm had revenue of $104.50 million for the quarter, compared to analyst estimates of $113.01 million. Bowman Consulting Group had a positive return on equity of 4.40% and a negative net margin of 2.67%. Equities research analysts forecast that Bowman Consulting Group Ltd. will post -0.36 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC bought a new stake in shares of Bowman Consulting Group in the 2nd quarter valued at approximately $404,000. Point72 Asset Management L.P. acquired a new stake in Bowman Consulting Group in the 2nd quarter valued at $96,000. Dimensional Fund Advisors LP grew its position in Bowman Consulting Group by 46.3% in 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 period. Emerald Advisers LLC acquired a new position in Bowman Consulting Group during the second quarter worth $526,000. Finally, Emerald Mutual Fund Advisers Trust lifted its holdings in shares of 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 period. Institutional investors and hedge funds own 63.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on BWMN shares. Robert W. Baird dropped their target price 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. Roth Mkm cut their price objective on 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 analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus 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.