Willdan Group, Inc. (NASDAQ:WLDN) Director Sells $83,804.04 in Stock

Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) Director Thomas Donald Brisbin sold 1,626 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $51.54, for a total value of $83,804.04. Following the completion of the sale, the director now owns 422,454 shares in the company, valued at approximately $21,773,279.16. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, May 27th, Thomas Donald Brisbin sold 22,459 shares of Willdan Group stock. The shares were sold at an average price of $52.34, for a total value of $1,175,504.06.
• On Thursday, May 22nd, Thomas Donald Brisbin sold 5,915 shares of Willdan Group stock. The shares were sold at an average price of $52.04, for a total value of $307,816.60.
• On Friday, May 16th, Thomas Donald Brisbin sold 20,000 shares of Willdan Group stock. The shares were sold at an average price of $48.54, for a total value of $970,800.00.

Willdan Group Stock Up 0.2%

Shares of NASDAQ:WLDN traded up $0.11 during midday trading on Friday, hitting $53.81. 207,495 shares of the stock were exchanged, compared to its average volume of 138,289. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. Willdan Group, Inc. has a 52-week low of $27.19 and a 52-week high of $54.35. The business's fifty day simple moving average is $42.59 and its two-hundred day simple moving average is $39.86. The company has a market capitalization of $780.08 million, a PE ratio of 33.01 and a beta of 1.09.

Hedge Funds Weigh In On Willdan Group

Several institutional investors have recently bought and sold shares of WLDN. SG Americas Securities LLC increased its stake in shares of Willdan Group by 83.9% in the fourth quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock worth $530,000 after purchasing an additional 6,353 shares during the period. Janney Montgomery Scott LLC grew its position in Willdan Group by 27.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company's stock worth $711,000 after buying an additional 4,049 shares in the last quarter. Ausbil Investment Management Ltd grew its position in Willdan Group by 341.2% during the fourth quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock worth $1,463,000 after buying an additional 29,318 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Willdan Group by 23.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company's stock worth $3,397,000 after buying an additional 16,832 shares in the last quarter. Finally, Rhumbline Advisers grew its position in Willdan Group by 2.9% during the fourth quarter. Rhumbline Advisers now owns 20,159 shares of the construction company's stock worth $768,000 after buying an additional 562 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WLDN shares. Wall Street Zen lowered Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th. Wedbush raised Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th.

About Willdan Group

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.