Insider Selling: Willdan Group, Inc. (NASDAQ:WLDN) CEO Sells 1,804 Shares of Stock

Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber sold 1,804 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total transaction of $82,731.44. Following the transaction, the chief executive officer now directly owns 173,654 shares in the company, valued at $7,963,772.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Willdan Group Stock Up 1.0 %

Shares of WLDN traded up $0.43 during mid-day trading on Friday, hitting $43.79. 237,709 shares of the company’s stock were exchanged, compared to its average volume of 102,182. The company has a quick ratio of 1.81, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a twelve month low of $17.23 and a twelve month high of $50.00. The firm has a fifty day moving average of $42.01 and a two-hundred day moving average of $35.67. The stock has a market cap of $618.53 million, a price-to-earnings ratio of 26.87 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wedbush restated an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a report on Monday. Roth Mkm boosted their target price on Willdan Group from $34.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th.

Institutional Trading of Willdan Group

Several large investors have recently made changes to their positions in WLDN. Wulff Hansen & CO. lifted its holdings in Willdan Group by 2,785.0% in the 2nd quarter. Wulff Hansen & CO. now owns 668,310 shares of the construction company’s stock worth $19,281,000 after purchasing an additional 645,145 shares during the last quarter. Swedbank AB acquired a new position in Willdan Group in the 1st quarter valued at $12,628,000. Allspring Global Investments Holdings LLC bought a new position in Willdan Group in the 3rd quarter worth $2,970,000. Acadian Asset Management LLC boosted its holdings in Willdan Group by 1,905.2% during the second quarter. Acadian Asset Management LLC now owns 55,144 shares of the construction company’s stock valued at $1,588,000 after acquiring an additional 52,394 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of Willdan Group by 339.9% in the second quarter. Renaissance Technologies LLC now owns 55,426 shares of the construction company’s stock valued at $1,599,000 after purchasing an additional 42,826 shares during 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.