Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin Sells 7,700 Shares of Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 7,700 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $41.69, for a total value of $321,013.00. Following the completion of the transaction, the director now owns 422,104 shares in the company, valued at approximately $17,597,515.76. This trade represents a 1.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, November 25th, Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock. The shares were sold at an average price of $43.45, for a total value of $334,565.00.

Willdan Group Price Performance

Shares of NASDAQ:WLDN opened at $41.64 on Tuesday. The company has a market capitalization of $588.17 million, a P/E ratio of 25.55 and a beta of 1.36. Willdan Group, Inc. has a 1-year low of $17.23 and a 1-year high of $50.00. The firm’s 50 day simple moving average is $43.84 and its two-hundred day simple moving average is $38.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. nVerses Capital LLC raised its holdings in Willdan Group by 125.0% during the third quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after acquiring an additional 500 shares during the period. Essex Investment Management Co. LLC boosted its stake in shares of Willdan Group by 0.3% in the third quarter. Essex Investment Management Co. LLC now owns 155,761 shares of the construction company’s stock worth $6,378,000 after acquiring an additional 538 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Willdan Group during the third quarter worth about $26,000. Cubist Systematic Strategies LLC grew its position in shares of Willdan Group by 9.3% during the second quarter. Cubist Systematic Strategies LLC now owns 10,328 shares of the construction company’s stock worth $298,000 after purchasing an additional 877 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Willdan Group by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 36,533 shares of the construction company’s stock valued at $1,496,000 after purchasing an additional 964 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WLDN shares. Wedbush restated an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a research note on Monday, November 4th. StockNews.com downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th.

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.