Bowman Consulting Group Ltd. (NASDAQ:BWMN) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN - Free Report) by 210.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,341 shares of the company's stock after purchasing an additional 14,466 shares during the quarter. Barclays PLC owned about 0.12% of Bowman Consulting Group worth $513,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BWMN. FMR LLC increased its stake in Bowman Consulting Group by 5.0% in the 3rd quarter. FMR LLC now owns 2,730,755 shares of the company's stock worth $65,757,000 after acquiring an additional 128,981 shares during the last quarter. Polar Asset Management Partners Inc. lifted its holdings in shares of Bowman Consulting Group by 16.3% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company's stock worth $11,627,000 after buying an additional 67,708 shares during the period. Pembroke Management LTD lifted its holdings in shares of Bowman Consulting Group by 10.0% in the 3rd quarter. Pembroke Management LTD now owns 711,648 shares of the company's stock worth $17,136,000 after buying an additional 64,617 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Bowman Consulting Group by 9.0% in the 3rd quarter. Geode Capital Management LLC now owns 326,306 shares of the company's stock worth $7,859,000 after buying an additional 27,056 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Bowman Consulting Group by 46.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 76,581 shares of the company's stock worth $2,434,000 after purchasing an additional 24,244 shares during the last quarter. Institutional investors own 63.20% of the company's stock.

Insiders Place Their Bets

In other Bowman Consulting Group news, Director Stephen A. Riddick sold 2,288 shares of Bowman Consulting Group stock in a transaction on Friday, December 6th. The stock was sold at an average price of $28.60, for a total value of $65,436.80. Following the sale, the director now owns 20,248 shares in the company, valued at $579,092.80. The trade was a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 20.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird decreased their price objective on Bowman Consulting Group from $29.00 to $27.00 and set an "outperform" rating for the company in a research note on Friday, November 8th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Bowman Consulting Group presently has an average rating of "Buy" and an average target price of $39.70.

Bowman Consulting Group Price Performance

Shares of NASDAQ:BWMN traded up $0.61 during trading on Friday, reaching $25.97. The stock had a trading volume of 49,448 shares, compared to its average volume of 54,547. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43. The business has a fifty day moving average price of $25.94 and a 200-day moving average price of $25.91. The stock has a market cap of $455.25 million, a PE ratio of -32.87, a PEG ratio of 5.35 and a beta of 1.28. Bowman Consulting Group Ltd. has a 1-year low of $19.92 and a 1-year high of $42.90.

Bowman Consulting Group Profile

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals.