Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Sells $118,950.00 in Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Gary Bowman sold 3,750 shares of the stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $31.72, for a total value of $118,950.00. Following 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 document filed with the SEC, which is accessible 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 value 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 value of $247,437.50.
• On Wednesday, February 21st, Gary Bowman sold 2,500 shares of Bowman Consulting Group stock. The stock was sold at an average price of $34.45, for a total value of $86,125.00.

Bowman Consulting Group Stock Performance

Shares of BWMN stock traded up $0.86 during trading on Friday, hitting $32.95. 111,838 shares of the stock traded hands, compared to its average volume of 91,007. 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 firm’s fifty day moving average price is $34.49 and its 200-day moving average price is $32.32. Bowman Consulting Group Ltd. has a 52-week low of $25.52 and a 52-week high of $42.90.

Bowman Consulting Group (NASDAQ:BWMN) last released its quarterly earnings results on Monday, March 11th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.38. The firm had revenue of $92.97 million for the quarter, compared to analyst estimates of $88.68 million. Bowman Consulting Group had a negative net margin of 1.96% and a positive return on equity of 5.14%. Analysts anticipate that Bowman Consulting Group Ltd. will post 0.68 earnings per share for the current year.

Hedge Funds Weigh In On Bowman Consulting Group

Institutional investors have recently modified their holdings of the business. Byrne Asset Management LLC acquired a new position in shares of Bowman Consulting Group during the first quarter worth $33,000. Norden Group LLC acquired a new position in shares of Bowman Consulting Group during the first quarter worth $207,000. Kestra Advisory Services LLC purchased a new stake in Bowman Consulting Group in the third quarter valued at $208,000. NBC Securities Inc. purchased a new stake in Bowman Consulting Group in the fourth quarter valued at $214,000. Finally, Jump Financial LLC lifted its position in Bowman Consulting Group by 7.5% in the third quarter. Jump Financial LLC now owns 12,900 shares of the company’s stock valued at $362,000 after acquiring an additional 900 shares during the last quarter. Institutional investors and hedge funds own 63.20% of the company’s stock.

Analysts Set New Price Targets

BWMN has been the topic of several research analyst reports. Roth Mkm reiterated a “buy” rating and issued a $49.00 price objective on shares of Bowman Consulting Group in a report on Monday, April 8th. DA Davidson raised their target price on shares of Bowman Consulting Group from $36.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. B. Riley reissued a “buy” rating and issued a $47.00 target price (up from $44.00) on shares of Bowman Consulting Group in a research note on Wednesday, March 13th. Finally, TheStreet raised shares of Bowman Consulting Group from a “c” rating to a “b-” rating in a research note on Wednesday, February 14th. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, Bowman Consulting Group currently has an average rating of “Buy” and an average price target of $47.00.

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.