Rhumbline Advisers Acquires 1,277 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN)

Rhumbline Advisers lifted its position in Bowman Consulting Group Ltd. (NASDAQ:BWMN) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 17,984 shares of the company’s stock after purchasing an additional 1,277 shares during the quarter. Rhumbline Advisers’ holdings in Bowman Consulting Group were worth $449,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP grew its stake in Bowman Consulting Group by 115.6% during the third quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock valued at $94,000 after acquiring an additional 2,087 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Bowman Consulting Group in the 4th quarter worth $147,000. Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of Bowman Consulting Group in the 3rd quarter worth about $217,000. Barclays PLC lifted its holdings in shares of Bowman Consulting Group by 210.4% in the 3rd quarter. Barclays PLC now owns 21,341 shares of the company’s stock worth $513,000 after acquiring an additional 14,466 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Bowman Consulting Group by 10.8% in the 3rd quarter. Janus Henderson Group PLC now owns 24,306 shares of the company’s stock worth $585,000 after acquiring an additional 2,370 shares during the last quarter. 63.20% of the stock is owned by hedge funds and other institutional investors.

Bowman Consulting Group Price Performance

Bowman Consulting Group stock opened at $18.95 on Friday. Bowman Consulting Group Ltd. has a 12-month low of $18.60 and a 12-month high of $42.90. The firm has a 50-day moving average price of $23.61 and a 200-day moving average price of $23.99. The firm has a market capitalization of $332.19 million, a PE ratio of -23.99 and a beta of 1.32. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16.

Insider Activity at Bowman Consulting Group

In related news, insider Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00. Following the completion of the sale, the insider now owns 188,177 shares in the company, valued at $4,226,455.42. This trade represents a 1.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 20.40% of the stock is currently owned by company insiders.

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.