Insider Sell: Chief Legal Officer Robert Hickey Sells 8,000 Shares of Bowman Consulting Group ...
Bowman Consulting Group Ltd (NASDAQ:BWMN), a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment, has reported an insider sell according to a recent SEC filing. Chief Legal Officer Robert Hickey sold 8,000 shares of the company on March 18, 2024.Robert Hickeys transaction history over the past year shows a total of 32,000 shares sold and no shares purchased. This latest transaction continues a pattern of insider selling activity at Bowman Consulting Group Ltd.The insider transaction history for Bowman Consulting Group Ltd (NASDAQ:BWMN) indicates a total of 0 insider buys and 36 insider sells over the past year.
On the valuation front, shares of Bowman Consulting Group Ltd were trading at $38.94 on the day of the insider's recent sell, resulting in a market cap of $634.293 million.With the stock price at $38.94 and a GuruFocus Value of $28.87, Bowman Consulting Group Ltd is currently trading at a price-to-GF-Value ratio of 1.35, which suggests that the stock is Significantly Overvalued according to its GF Value.
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 the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
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.
This article first appeared on GuruFocus.
