Barclays PLC Acquires 14,466 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN)

Barclays PLC raised its holdings in Bowman Consulting Group Ltd. (NASDAQ:BWMN) by 210.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,341 shares of the company’s stock after buying an additional 14,466 shares during the quarter. Barclays PLC’s holdings in Bowman Consulting Group were worth $513,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Quantbot Technologies LP grew its stake in shares of Bowman Consulting Group by 115.6% in the third quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock worth $94,000 after acquiring an additional 2,087 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in Bowman Consulting Group in the 2nd quarter valued at $96,000. Acorn Financial Advisory Services Inc. ADV acquired a new stake in Bowman Consulting Group in the 3rd quarter worth $217,000. Cubist Systematic Strategies LLC bought a new position in shares of Bowman Consulting Group during the 2nd quarter worth about $404,000. Finally, Rhumbline Advisers raised its position in shares of Bowman Consulting Group by 34.5% during the second quarter. Rhumbline Advisers now owns 15,830 shares of the company’s stock valued at $503,000 after buying an additional 4,060 shares during the last quarter. 63.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Robert W. Baird decreased their target price 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $39.70.

Insider Activity at Bowman Consulting Group

In other Bowman Consulting Group news, insider Robert Alan Hickey sold 1,444 shares of Bowman Consulting Group 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 completion of the transaction, the insider now directly owns 196,888 shares of the company’s stock, valued at approximately $4,349,255.92. This trade represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen A. Riddick sold 2,288 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $28.60, for a total transaction of $65,436.80. Following the completion of the sale, the director now directly owns 20,248 shares in the company, valued at approximately $579,092.80. The trade was a 10.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,788 shares of company stock valued at $120,641 over the last quarter. 20.40% of the stock is owned by company insiders.

Bowman Consulting Group Stock Performance

Shares of BWMN stock opened at $24.95 on Friday. The firm has a fifty day moving average of $25.15 and a 200-day moving average of $26.41. The stock has a market cap of $437.37 million, a price-to-earnings ratio of -31.58 and a beta of 1.26. Bowman Consulting Group Ltd. has a 52-week low of $19.92 and a 52-week high of $42.90. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43.

Bowman Consulting Group 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.