Director Patricia Mulroy sold 700 shares of Bowman Consulting Group Ltd (BWMN, Financial) on September 23, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 18,411 shares of the company.
Bowman Consulting Group Ltd provides a range of consulting services including engineering, planning, project management, and environmental consulting. The firm caters to a diverse client base across various sectors, enhancing infrastructure and community development.
Over the past year, Patricia Mulroy has engaged in multiple transactions involving the company's stock, selling a total of 1,400 shares and purchasing none. This recent sale continues a trend observed within the company, where insider activity has predominantly been in the form of sales. In the past year, there have been 29 insider sales and no insider buys.
Shares of Bowman Consulting Group Ltd were priced at $24.04 on the day of the sale. The company's market cap is approximately $417.624 million. According to GF Value, the stock is considered modestly undervalued, with a price-to-GF-Value ratio of 0.8, suggesting potential for price appreciation.
The GF Value of $30.12 is derived from historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for expected future business performance.
This insider sale might interest investors tracking ownership changes and evaluating the stock's valuation metrics. The ongoing insider selling trend and the stock's valuation relative to its GF Value are critical considerations for potential investors.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
