Bowman Consulting Group Ltd. (NASDAQ:BWMN - Get Free Report) insider Robert Alan Hickey sold 700 shares of the stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $22.08, for a total transaction of $15,456.00. Following the sale, the insider now owns 188,485 shares of the company's stock, valued at approximately $4,161,748.80. This trade represents a 0.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Robert Alan Hickey also recently made the following trade(s):
- On Tuesday, February 18th, Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00.
Bowman Consulting Group Stock Performance
Shares of Bowman Consulting Group stock opened at $22.41 on Friday. The business has a 50-day simple moving average of $21.79 and a 200 day simple moving average of $23.63. The firm has a market capitalization of $386.89 million, a price-to-earnings ratio of -28.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43. Bowman Consulting Group Ltd. has a one year low of $17.90 and a one year high of $36.65.
Bowman Consulting Group (NASDAQ:BWMN - Get Free Report) last issued its earnings results on Tuesday, March 11th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). Bowman Consulting Group had a positive return on equity of 3.76% and a negative net margin of 2.62%. The firm had revenue of $113.22 million for the quarter, compared to analyst estimates of $110.00 million.
Institutional Investors Weigh In On Bowman Consulting Group
A number of institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets acquired a new position in Bowman Consulting Group during the 4th quarter valued at about $42,000. GAMMA Investing LLC lifted its holdings in shares of Bowman Consulting Group by 1,856.3% in the first quarter. GAMMA Investing LLC now owns 4,519 shares of the company's stock valued at $99,000 after purchasing an additional 4,288 shares in the last quarter. NBC Securities Inc. boosted its position in shares of Bowman Consulting Group by 100,080.0% during the first quarter. NBC Securities Inc. now owns 5,009 shares of the company's stock valued at $109,000 after buying an additional 5,004 shares during the last quarter. SG Americas Securities LLC bought a new stake in Bowman Consulting Group during the fourth quarter worth $147,000. Finally, Wells Fargo & Company MN raised its position in Bowman Consulting Group by 55.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,524 shares of the company's stock valued at $163,000 after buying an additional 2,316 shares during the last quarter. Institutional investors and hedge funds own 63.20% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on the company. Bank of America dropped their price objective on Bowman Consulting Group from $36.50 to $30.50 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. B. Riley upgraded Bowman Consulting Group to a "strong-buy" rating in a report on Tuesday, March 18th. Finally, Robert W. Baird reduced their price objective on shares of Bowman Consulting Group from $29.00 to $28.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Three investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $33.83.
Read Our Latest Research Report on Bowman Consulting Group
About Bowman Consulting Group
(
Get Free Report)
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.
Further Reading
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