Bowman Consulting Group Ltd. (NASDAQ:BWMN) Director Raymond Jr. Vicks Sells 1,230 Shares

Bowman Consulting Group Ltd. (NASDAQ:BWMN - Get Free Report) Director Raymond Jr. Vicks sold 1,230 shares of the company's stock in a transaction on Monday, May 13th. The stock was sold at an average price of $30.95, for a total transaction of $38,068.50. Following the transaction, the director now directly owns 3,224 shares in the company, valued at $99,782.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Bowman Consulting Group Trading Up 2.7 %

BWMN stock traded up $0.85 on Wednesday, hitting $31.84. 65,392 shares of the company were exchanged, compared to its average volume of 92,465. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market capitalization of $562.61 million, a price-to-earnings ratio of -47.52 and a beta of 1.21. Bowman Consulting Group Ltd. has a twelve month low of $25.52 and a twelve month high of $42.90. The business's fifty day moving average is $34.01 and its two-hundred day moving average is $32.81.

Bowman Consulting Group (NASDAQ:BWMN - Get Free Report) last posted 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. 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 $92.97 million for the quarter, compared to analyst estimates of $88.68 million. As a group, research analysts forecast that Bowman Consulting Group Ltd. will post 0.68 earnings per share for the current year.

Institutional Investors Weigh In On Bowman Consulting Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Byrne Asset Management LLC acquired a new position in Bowman Consulting Group during the 1st quarter worth approximately $33,000. Norden Group LLC purchased a new position in shares of Bowman Consulting Group in the first quarter valued at $207,000. Kestra Advisory Services LLC acquired a new stake in Bowman Consulting Group during the 3rd quarter valued at $208,000. NBC Securities Inc. purchased a new position in Bowman Consulting Group in the 4th quarter valued at about $214,000. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Bowman Consulting Group by 4.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,425 shares of the company's stock valued at $294,000 after acquiring an additional 393 shares in the last quarter. Hedge funds and other institutional investors own 63.20% of the company's stock.

Analyst Upgrades and Downgrades

BWMN has been the topic of several recent analyst reports. DA Davidson upped 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 report on Wednesday, March 13th. B. Riley reaffirmed a "buy" rating and set a $47.00 price objective (up from $44.00) on shares of Bowman Consulting Group in a report on Wednesday, March 13th. TheStreet upgraded shares of Bowman Consulting Group from a "c" rating to a "b-" rating in a report on Wednesday, February 14th. Finally, Roth Mkm reduced their price objective on shares of Bowman Consulting Group from $49.00 to $47.00 and set a "buy" rating on the stock in a research note on Wednesday, May 8th. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $46.33.

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.

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