Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Gary Bowman Sells 3,750 Shares

Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Gary Bowman sold 3,750 shares of the company’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $31.72, for a total value of $118,950.00. Following the completion of the sale, the chief executive officer now directly owns 973,475 shares in the company, valued at $30,878,627. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Gary Bowman also recently made the following trade(s):

• On Monday, April 1st, Gary Bowman sold 114,705 shares of Bowman Consulting Group stock. The shares were sold at an average price of $34.00, for a total transaction of $3,899,970.00.
• On Tuesday, March 26th, Gary Bowman sold 6,250 shares of Bowman Consulting Group stock. The stock was sold at an average price of $39.59, for a total transaction of $247,437.50.
• On Wednesday, February 21st, Gary Bowman sold 2,500 shares of Bowman Consulting Group stock. The shares were sold at an average price of $34.45, for a total transaction of $86,125.00.

Bowman Consulting Group Price Performance

Shares of NASDAQ BWMN opened at $32.95 on Friday. The firm has a market cap of $507.86 million, a P/E ratio of -63.37 and a beta of 1.19. Bowman Consulting Group Ltd. has a twelve month low of $25.52 and a twelve month high of $42.90. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average of $34.43 and a 200 day moving average of $32.38.

Bowman Consulting Group (NASDAQ:BWMN) last posted its earnings results on Monday, March 11th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.38. The business had revenue of $92.97 million during the quarter, compared to analyst estimates of $88.68 million. Bowman Consulting Group had a positive return on equity of 5.14% and a negative net margin of 1.96%. As a group, research analysts expect that Bowman Consulting Group Ltd. will post 0.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Bowman Consulting Group

Large investors have recently bought and sold shares of the business. FMR LLC lifted its stake in Bowman Consulting Group by 33.7% during the 3rd quarter. FMR LLC now owns 1,761,350 shares of the company’s stock valued at $49,371,000 after acquiring an additional 444,299 shares during the period. Summit Creek Advisors LLC raised its holdings in shares of Bowman Consulting Group by 41.0% during the third quarter. Summit Creek Advisors LLC now owns 264,906 shares of the company’s stock valued at $7,425,000 after purchasing an additional 76,995 shares during the last quarter. Polen Capital Management LLC bought a new position in Bowman Consulting Group during the fourth quarter valued at approximately $2,010,000. Conestoga Capital Advisors LLC purchased a new stake in Bowman Consulting Group in the first quarter worth approximately $1,028,000. Finally, Millrace Asset Group Inc. boosted its holdings in Bowman Consulting Group by 58.0% in the fourth quarter. Millrace Asset Group Inc. now owns 53,444 shares of the company’s stock worth $1,898,000 after purchasing an additional 19,617 shares during the last quarter. 63.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. B. Riley restated a “buy” rating and issued a $47.00 price target (up previously from $44.00) on shares of Bowman Consulting Group in a research note on Wednesday, March 13th. Roth Mkm reissued a “buy” rating and issued a $49.00 target price on shares of Bowman Consulting Group in a report on Monday, April 8th. DA Davidson raised their price target on Bowman Consulting Group from $36.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. Finally, TheStreet upgraded shares of Bowman Consulting Group from a “c” rating to a “b-” rating in a research note on Wednesday, February 14th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $47.00.

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.