On November 13, 2024, Robert Hickey, Chief Legal Officer of Bowman Consulting Group Ltd (BWMN, Financial), executed a sale of 5,000 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 190,832 shares of Bowman Consulting Group Ltd.
Bowman Consulting Group Ltd provides professional land surveying, construction management, and engineering services. The company operates primarily in the United States, offering solutions that support land development for residential, commercial, and public works projects.
Over the past year, Robert Hickey has sold a total of 26,000 shares of Bowman Consulting Group Ltd and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 31 insider sells and no insider buys over the last year.
Shares of Bowman Consulting Group Ltd were priced at $26.07 on the day of the sale. The company has a market cap of approximately $441.4 million. According to the GF Value, the intrinsic value of the stock is estimated at $29.00, suggesting that Bowman Consulting Group Ltd is modestly undervalued with a price-to-GF-Value ratio of 0.9.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Bowman Consulting Group Ltd.
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.
