Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Sells $247,437.50 in Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) CEO Gary Bowman sold 6,250 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $39.59, for a total value of $247,437.50. Following the sale, the chief executive officer now owns 1,098,180 shares in the company, valued at approximately $43,476,946.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• 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.
• On Monday, January 22nd, Gary Bowman sold 5,000 shares of Bowman Consulting Group stock. The stock was sold at an average price of $31.08, for a total value of $155,400.00.

Bowman Consulting Group Stock Down 2.5 %

Shares of NASDAQ:BWMN traded down $0.90 during midday trading on Thursday, reaching $34.79. The company’s stock had a trading volume of 179,504 shares, compared to its average volume of 82,069. 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 has a 50 day moving average price of $35.00 and a two-hundred day moving average price of $31.61. Bowman Consulting Group Ltd. has a fifty-two week low of $25.52 and a fifty-two week high of $42.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Bowman Consulting Group by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 517,755 shares of the company’s stock valued at $18,391,000 after purchasing an additional 27,301 shares during the period. Polen Capital Management LLC acquired a new position in shares of Bowman Consulting Group in the 4th quarter valued at about $2,010,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Bowman Consulting Group by 4.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,032 shares of the company’s stock valued at $286,000 after purchasing an additional 364 shares during the period. Barclays PLC lifted its stake in shares of Bowman Consulting Group by 283.2% in the 4th quarter. Barclays PLC now owns 18,719 shares of the company’s stock valued at $665,000 after purchasing an additional 13,834 shares during the period. Finally, Nuveen Asset Management LLC lifted its stake in shares of Bowman Consulting Group by 19.6% in the 4th quarter. Nuveen Asset Management LLC now owns 30,439 shares of the company’s stock valued at $1,081,000 after purchasing an additional 4,978 shares during the period. 63.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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