Robert Alan Hickey Sells 700 Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) insider Robert Alan Hickey sold 700 shares of the stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $22.08, for a total transaction of $15,456.00. Following the completion of the transaction, the insider now owns 188,485 shares of the company’s stock, valued at $4,161,748.80. This represents a 0.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 stock was sold at an average price of $22.46, for a total transaction of $56,150.00.

Bowman Consulting Group Price Performance

NASDAQ BWMN opened at $22.23 on Friday. The stock has a market capitalization of $383.78 million, a P/E ratio of -28.14 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43. The business’s fifty day moving average is $21.79 and its two-hundred day moving average is $23.63. Bowman Consulting Group Ltd. has a 1 year low of $17.90 and a 1 year high of $36.65.

Bowman Consulting Group (NASDAQ:BWMN) last announced its earnings results on Tuesday, March 11th. The company reported $0.33 earnings per share (EPS) 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 company had revenue of $113.22 million for the quarter, compared to analyst estimates of $110.00 million.

Institutional Trading of Bowman Consulting Group

A number of hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in shares of Bowman Consulting Group during the fourth quarter valued at approximately $42,000. GAMMA Investing LLC raised its stake in Bowman Consulting Group by 1,856.3% during the 1st 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 during the period. NBC Securities Inc. lifted its holdings in shares of Bowman Consulting Group by 100,080.0% in the first quarter. NBC Securities Inc. now owns 5,009 shares of the company’s stock valued at $109,000 after purchasing an additional 5,004 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Bowman Consulting Group during the fourth quarter valued at $147,000. Finally, Wells Fargo & Company MN raised its position in Bowman Consulting Group by 55.0% during the fourth 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 period. 63.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BWMN shares. Bank of America dropped their target price on Bowman Consulting Group from $36.50 to $30.50 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Robert W. Baird cut their price objective on Bowman Consulting Group from $29.00 to $28.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Finally, B. Riley raised Bowman Consulting Group to a “strong-buy” rating in a research note on Tuesday, March 18th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $33.83.

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.