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Gary Bowman, Chief Executive Officer of Bowman Consulting Group (NASDAQ:BWMN), sold 20,000 shares of common stock on October 22, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $42.266, for a total transaction value of $845,320. The sale comes as BWMN trades near its 52-week high of $44.54, having delivered an impressive 104.76% return over the past year. The company currently has a market capitalization of approximately $760 million.
The transaction involved the sale of 12,500 shares held directly by Mr. Bowman and 7,500 shares held indirectly through a Family LLC. Following the transactions, Mr. Bowman directly owns 906,524 shares and indirectly owns 1,383,338 shares through the Family LLC. According to InvestingPro, management has been actively buying back shares, suggesting confidence in the company’s outlook despite this planned sale.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 6, 2025. The plan allows for the sale of up to 112,500 shares by Mr. Bowman and up to 67,500 shares by Bowman Family Asset Management LLC from September 2025 through September 2026. For deeper insights into BWMN’s valuation and 15+ additional ProTips, visit InvestingPro, where you’ll find comprehensive analysis and the detailed Pro Research Report.
In other recent news, Bowman Consulting Group Ltd. has made significant strides with two strategic acquisitions. The company acquired Lazen Power Engineering, enhancing its capabilities in high-voltage transmission line infrastructure. This move establishes Bowman in a new segment of the power industry, bolstering its technical expertise in utility design and maintenance. Additionally, Bowman acquired Sierra Overhead Analytics and its technology affiliate ORCaS, Inc., which strengthens its presence in data center development and alternative energy markets while expanding its digital services portfolio.
In terms of contracts, Bowman secured a project for the Port of Houston, focusing on the redesign of the West End Container Yard at Barbours Cut Terminal. This is part of a larger $650 million capital improvement program. Furthermore, Bowman was selected by the Nebraska Department of Transportation for a two-year contract to provide bridge evaluation services, covering approximately 300 to 500 bridges statewide.
In analyst news, B.Riley raised its price target for Bowman Consulting Group Ltd. to $55 from $43, maintaining a Buy rating. The firm highlighted Bowman’s strong national reputation and its ability to qualify for larger projects amidst increased commercial building and infrastructure activity. These developments indicate Bowman’s strategic growth and expansion in multiple sectors.
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