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 value of $31,897.96. Following the transaction, the insider now owns 196,888 shares in the company, valued at $4,349,255.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction of $57,675.00.

Bowman Consulting Group Stock Performance

Shares of NASDAQ:BWMN opened at $20.38 on Friday. Bowman Consulting Group Ltd. has a 1 year low of $20.35 and a 1 year high of $42.90. The stock has a market capitalization of $360.05 million, a price-to-earnings ratio of -30.67 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. The company’s 50 day simple moving average is $23.22 and its 200 day simple moving average is $28.66.

Bowman Consulting Group (NASDAQ:BWMN) last issued its earnings results on Tuesday, August 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.10). Bowman Consulting Group had a negative net margin of 2.67% and a positive return on equity of 4.40%. The business had revenue of $104.50 million during the quarter, compared to analyst estimates of $113.01 million. As a group, research analysts predict that Bowman Consulting Group Ltd. will post -0.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BWMN. Cubist Systematic Strategies LLC acquired a new stake in shares of Bowman Consulting Group in the 2nd quarter valued at approximately $404,000. Point72 Asset Management L.P. bought a new position in Bowman Consulting Group in the 2nd quarter valued at approximately $96,000. Dimensional Fund Advisors LP boosted 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 buying an additional 24,244 shares in the last quarter. Emerald Advisers LLC bought a new stake in shares of Bowman Consulting Group during the second quarter worth $526,000. Finally, Emerald Mutual Fund Advisers Trust increased 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 worth $5,958,000 after buying an additional 87,410 shares in the last quarter. Institutional investors own 63.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on BWMN shares. Robert W. Baird cut their price objective on shares of Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Roth Mkm cut their price target on Bowman Consulting Group from $47.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Bowman Consulting Group has an average 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.