Willdan Group, Inc. (NASDAQ:WLDN) Director Sells $169,386.72 in Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 5,267 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $32.16, for a total transaction of $169,386.72. Following the sale, the director now owns 413,908 shares in the company, valued at $13,311,281.28. The sale was disclosed in a filing with the SEC, which is available at this link.

Thomas Donald Brisbin also recently made the following trade(s):

• On Monday, May 20th, Thomas Donald Brisbin sold 14,426 shares of Willdan Group stock. The stock was sold at an average price of $32.06, for a total value of $462,497.56.
• On Thursday, May 16th, Thomas Donald Brisbin sold 7,347 shares of Willdan Group stock. The shares were sold at an average price of $32.01, for a total value of $235,177.47.

Willdan Group Trading Up 1.7 %

NASDAQ WLDN opened at $31.84 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.43. The stock’s 50-day simple moving average is $29.36 and its two-hundred day simple moving average is $23.61. Willdan Group, Inc. has a twelve month low of $15.87 and a twelve month high of $34.81. The company has a market capitalization of $440.03 million, a price-to-earnings ratio of 34.24 and a beta of 1.47.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.20. The business had revenue of $122.49 million during the quarter, compared to the consensus estimate of $114.02 million. Willdan Group had a net margin of 2.44% and a return on equity of 10.62%. Research analysts forecast that Willdan Group, Inc. will post 1.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on WLDN shares. Wedbush reiterated an “outperform” rating and set a $35.00 price target on shares of Willdan Group in a research report on Monday, May 6th. Roth Mkm reissued a “buy” rating and set a $34.00 price objective (up previously from $27.00) on shares of Willdan Group in a research note on Friday, March 22nd. Finally, StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 16th.

Institutional Investors Weigh In On Willdan Group

A number of large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC raised its position in Willdan Group by 168.3% during the 1st quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company’s stock valued at $78,000 after purchasing an additional 1,725 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Willdan Group in the first quarter worth $90,000. New York State Common Retirement Fund raised its holdings in Willdan Group by 62.6% in the third quarter. New York State Common Retirement Fund now owns 5,200 shares of the construction company’s stock worth $106,000 after buying an additional 2,001 shares during the last quarter. SG Americas Securities LLC boosted its stake in Willdan Group by 27.2% during the 4th quarter. SG Americas Securities LLC now owns 6,776 shares of the construction company’s stock valued at $146,000 after purchasing an additional 1,448 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Willdan Group by 82.5% in the 1st quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company’s stock worth $176,000 after buying an additional 2,748 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.