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 firm’s stock in a transaction dated Tuesday, July 23rd. The shares were sold at an average price of $35.58, for a total value of $133,425.00. Following the completion of the sale, the chief executive officer now owns 927,252 shares of the company’s stock, valued at $32,991,626.16. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, June 26th, Gary Bowman sold 6,250 shares of Bowman Consulting Group stock. The shares were sold at an average price of $31.31, for a total transaction of $195,687.50.

Bowman Consulting Group Trading Down 4.2 %

Shares of Bowman Consulting Group stock traded down $1.50 during mid-day trading on Wednesday, hitting $34.01. 41,837 shares of the stock were exchanged, compared to its average volume of 89,484. Bowman Consulting Group Ltd. has a 12 month low of $25.52 and a 12 month high of $42.90. The company has a 50-day simple moving average of $32.17 and a 200 day simple moving average of $33.08. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.21 and a quick ratio of 1.21.

Bowman Consulting Group (NASDAQ:BWMN) last posted its earnings results on Monday, May 6th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.18. Bowman Consulting Group had a negative net margin of 2.43% and a positive return on equity of 5.63%. The firm had revenue of $94.91 million for the quarter, compared to analysts’ expectations of $93.51 million. On average, sell-side analysts forecast that Bowman Consulting Group Ltd. will post 0.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bowman Consulting Group

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Bowman Consulting Group by 28.0% during the 1st quarter. Vanguard Group Inc. now owns 662,733 shares of the company’s stock worth $23,056,000 after buying an additional 144,978 shares in the last quarter. Summit Creek Advisors LLC increased its stake in shares of Bowman Consulting Group by 19.0% during the 1st quarter. Summit Creek Advisors LLC now owns 300,253 shares of the company’s stock worth $10,446,000 after purchasing an additional 47,844 shares during the last quarter. Silvercrest Asset Management Group LLC increased its stake in shares of Bowman Consulting Group by 28.3% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 188,724 shares of the company’s stock worth $6,566,000 after purchasing an additional 41,669 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Bowman Consulting Group by 33.8% during the 1st quarter. Russell Investments Group Ltd. now owns 66,348 shares of the company’s stock worth $2,308,000 after purchasing an additional 16,761 shares during the last quarter. Finally, Polen Capital Management LLC purchased a new stake in shares of Bowman Consulting Group during the 4th quarter worth approximately $2,010,000. Institutional investors own 63.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Robert W. Baird assumed coverage on shares of Bowman Consulting Group in a research report on Monday, June 3rd. They issued an “outperform” rating and a $37.00 price target on the stock. Bank of America assumed coverage on shares of Bowman Consulting Group in a research report on Friday, May 24th. They issued a “buy” rating and a $36.50 price target on the stock. Baird R W raised shares of Bowman Consulting Group to a “strong-buy” rating in a research report on Monday, June 3rd. Finally, Roth Mkm dropped their price target on shares of Bowman Consulting Group from $49.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $42.50.

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.