On November 4, 2024, Robert Hickey, Chief Legal Officer of Bowman Consulting Group Ltd (BWMN, Financial), executed a sale of 1,056 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 195,832 shares of Bowman Consulting Group Ltd.
Bowman Consulting Group Ltd provides a range of consulting services including engineering, planning, project management, and environmental consulting. The company serves public and private clients across various sectors.
Over the past year, Robert Hickey has sold a total of 21,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 30 insider sells and no insider buys over the past year.
Shares of Bowman Consulting Group Ltd were trading at $22.07 on the day of the transaction. The company has a market cap of approximately $394.503 million.
According to the GF Value, the intrinsic value of the stock is estimated at $29.80, suggesting that Bowman Consulting Group Ltd 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 the company's future prospects and valuation accuracy.
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.
