Bowman Consulting Group Ltd. (NASDAQ:BWMN) Given Consensus Rating of “Buy” by Analysts

Shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) have been given an average recommendation of “Buy” by the six analysts that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $39.70.

Separately, Robert W. Baird decreased their price target on Bowman Consulting Group from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Friday, November 8th.

Bowman Consulting Group Trading Up 2.8 %

Shares of BWMN stock opened at $25.66 on Friday. The company has a market cap of $449.82 million, a PE ratio of -32.48 and a beta of 1.26. Bowman Consulting Group has a 1 year low of $19.92 and a 1 year high of $42.90. The stock’s 50 day simple moving average is $25.36 and its two-hundred day simple moving average is $26.36. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43.

Insider Transactions at Bowman Consulting Group

In other Bowman Consulting Group news, insider Robert Alan Hickey sold 1,444 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $22.09, for a total value of $31,897.96. Following the completion of the sale, the insider now directly owns 196,888 shares of the company’s stock, valued at $4,349,255.92. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen A. Riddick sold 2,288 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $28.60, for a total transaction of $65,436.80. Following the transaction, the director now directly owns 20,248 shares in the company, valued at approximately $579,092.80. This trade represents a 10.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,788 shares of company stock worth $120,641. 20.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bowman Consulting Group

A number of institutional investors and hedge funds have recently bought and sold shares of BWMN. FMR LLC increased its stake in shares of Bowman Consulting Group by 5.0% during the third quarter. FMR LLC now owns 2,730,755 shares of the company’s stock valued at $65,757,000 after buying an additional 128,981 shares during the period. Pembroke Management LTD raised its holdings in shares of Bowman Consulting Group by 10.0% in the 3rd quarter. Pembroke Management LTD now owns 711,648 shares of the company’s stock valued at $17,136,000 after purchasing an additional 64,617 shares in the last quarter. Polar Asset Management Partners Inc. boosted its stake in shares of Bowman Consulting Group by 16.3% during the third quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company’s stock valued at $11,627,000 after purchasing an additional 67,708 shares in the last quarter. Summit Creek Advisors LLC raised its stake in Bowman Consulting Group by 15.1% in the second quarter. Summit Creek Advisors LLC now owns 345,704 shares of the company’s stock worth $10,990,000 after buying an additional 45,451 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Bowman Consulting Group by 9.0% during the third quarter. Geode Capital Management LLC now owns 326,306 shares of the company’s stock worth $7,859,000 after buying an additional 27,056 shares during the period. 63.20% of the stock is owned by institutional investors.

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.