On October 18, 2024, Robert Hickey, Chief Legal Officer of Bowman Consulting Group Ltd (BWMN, Financial), executed a sale of 1,444 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 196,888 shares of Bowman Consulting Group Ltd.
Bowman Consulting Group Ltd (BWMN, Financial) provides a range of consulting services including civil engineering, construction management, and environmental consulting. The firm operates primarily in the United States, serving both public and private sectors.
Over the past year, Robert Hickey has sold a total of 19,944 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 29 insider sells and no insider buys over the same period.
Shares of Bowman Consulting Group Ltd were priced at $22.09 on the day of the sale. The company has a market cap of approximately $383.944 million. According to the GF Value, the intrinsic value of the stock is estimated at $29.91, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.74.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and stock trends.
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.
