Patricia Mulroy Sells 883 Shares of Bowman Consulting Group (NASDAQ:BWMN) Stock

Bowman Consulting Group Ltd. (NASDAQ:BWMN) Director Patricia Mulroy sold 883 shares of Bowman Consulting Group stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $42.37, for a total transaction of $37,412.71. Following the completion of the sale, the director directly owned 26,330 shares in the company, valued at approximately $1,115,602.10. This represents a 3.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bowman Consulting Group Stock Performance

BWMN traded down $0.15 during midday trading on Wednesday, reaching $42.22. The company had a trading volume of 794,198 shares, compared to its average volume of 171,920. Bowman Consulting Group Ltd. has a 12-month low of $25.07 and a 12-month high of $45.83. The business has a 50-day moving average price of $29.18 and a two-hundred day moving average price of $30.88. The stock has a market cap of $739.27 million, a PE ratio of 105.55, a P/E/G ratio of 5.34 and a beta of 1.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.93 and a current ratio of 0.93.

Bowman Consulting Group (NASDAQ:BWMN) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.15. Bowman Consulting Group had a net margin of 1.30% and a return on equity of 2.67%. The company had revenue of $146.13 million for the quarter, compared to analysts’ expectations of $129.35 million. On average, sell-side analysts expect that Bowman Consulting Group Ltd. will post 0.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Bowman Consulting Group from $38.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings raised shares of Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. Wolfe Research set a $43.00 target price on shares of Bowman Consulting Group in a research report on Tuesday. Robert W. Baird set a $43.00 price target on shares of Bowman Consulting Group in a research report on Monday. Finally, Wall Street Zen cut shares of Bowman Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $46.43.

Bowman Consulting Group News Summary

Here are the key news stories impacting Bowman Consulting Group this week:

• Positive Sentiment: Strong quarterly earnings supported the stock. Bowman reported adjusted EPS of $0.62, beating the $0.47 consensus estimate, while revenue of $146.1 million exceeded expectations of $129.4 million. The company also reported a 50.3% increase in gross backlog to $658.7 million and 12.7% organic net service billing growth.
• Positive Sentiment: The proposed acquisition provides a defined valuation. Bernhard Capital Partners has agreed to acquire Bowman for $43.00 per share in cash. The offer gives shareholders a clear potential exit value, although the transaction remains subject to customary conditions and approvals. Bowman Acquisition Announcement
• Neutral Sentiment: Heavy options activity indicates speculative interest. Trading in Bowman call options rose to roughly 15 times typical volume, potentially reflecting expectations that the acquisition will close or that a competing bid could emerge. Options activity alone does not establish a fundamental change. Unusually Large Options Trading
• Neutral Sentiment: Reported short interest was zero. The latest data showed no shares sold short and a zero-day short-interest ratio, suggesting little evidence of short-selling pressure, though the reported figures may reflect a data limitation.
• Negative Sentiment: Two firms downgraded the stock to Hold. Texas Capital and Robert W. Baird each cut Bowman from Strong Buy to Hold. The moves suggest analysts see limited upside after the recent rally and with shares close to the $43 acquisition consideration. Analyst Downgrades
• Negative Sentiment: Guidance trails current revenue expectations. Bowman forecast fiscal 2026 revenue of $520 million to $540 million, below the approximately $594.9 million consensus estimate. Lower-than-expected guidance may weigh on the standalone valuation if the acquisition does not close.
• Negative Sentiment: Takeover scrutiny creates execution risk. Kahn Swick & Foti is investigating whether the $43 offer and sale process adequately compensate shareholders. Litigation or shareholder opposition could delay or complicate the transaction. Takeover Investigation
• Negative Sentiment: Insider selling adds a modest cautionary signal. COO Daniel Swayze sold 914 shares worth about $24,900 under a pre-arranged Rule 10b5-1 plan. Because the sale was planned in advance, it is less significant than discretionary selling.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Franklin Resources Inc. lifted its position in Bowman Consulting Group by 3.8% during the third quarter. Franklin Resources Inc. now owns 10,289 shares of the company’s stock valued at $436,000 after purchasing an additional 377 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Bowman Consulting Group by 4.9% in the 4th quarter. Deutsche Bank AG now owns 9,473 shares of the company’s stock worth $313,000 after buying an additional 444 shares during the last quarter. Creative Planning raised its position in shares of Bowman Consulting Group by 5.0% during the 3rd quarter. Creative Planning now owns 13,818 shares of the company’s stock valued at $585,000 after buying an additional 661 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Bowman Consulting Group by 5.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,880 shares of the company’s stock worth $558,000 after acquiring an additional 865 shares in the last quarter. Finally, ARS Investment Partners LLC increased its stake in Bowman Consulting Group by 16.9% in the fourth quarter. ARS Investment Partners LLC now owns 6,179 shares of the company’s stock valued at $204,000 after acquiring an additional 892 shares during the last quarter. Hedge funds and other institutional investors own 63.20% of the company’s stock.

About Bowman Consulting Group

Bowman Consulting Group Ltd. (NASDAQ: BWMN) is a multidisciplinary professional services firm that provides engineering, environmental, planning and surveying services to public and private sector clients. Its service offerings encompass civil, geotechnical and environmental engineering; land development planning and permitting; construction management; survey and geospatial services; and ecological and water resources consulting. The firm supports infrastructure, real estate, energy, utilities and telecommunications projects, delivering site characterization, design, permitting and construction-phase oversight.

Since its founding in 1980, Bowman Consulting Group has grown organically and through strategic acquisitions to expand its technical capabilities and geographic footprint.