Insider Selling: Willdan Group, Inc. (NASDAQ:WLDN) Director Sells 1,626 Shares of Stock

Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) Director Thomas Donald Brisbin sold 1,626 shares of the business'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 transaction of $83,804.04. Following the sale, the director now owns 422,454 shares in the company, valued at $21,773,279.16. This represents a 0.38% decrease in their position. 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 transaction 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 transaction 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 transaction of $970,800.00.

Willdan Group Price Performance

Shares of WLDN stock traded down $0.16 during mid-day trading on Monday, reaching $53.89. The company's stock had a trading volume of 200,182 shares, compared to its average volume of 138,905. Willdan Group, Inc. has a 1-year low of $27.19 and a 1-year high of $54.49. The company has a market cap of $781.24 million, a P/E ratio of 33.06 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The firm's 50-day moving average is $42.84 and its two-hundred day moving average is $39.90.

Institutional Investors Weigh In On Willdan Group

A number of hedge funds have recently made changes to their positions in WLDN. Nuveen LLC acquired a new stake in shares of Willdan Group during the 1st quarter worth about $10,313,000. Wells Fargo & Company MN grew its holdings in Willdan Group by 2,934.0% during the 4th quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company's stock worth $6,678,000 after acquiring an additional 169,555 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in Willdan Group by 136.0% during the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company's stock worth $7,925,000 after acquiring an additional 119,888 shares during the last quarter. Pacer Advisors Inc. bought a new stake in Willdan Group during the 1st quarter worth about $4,687,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in Willdan Group by 77.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 158,401 shares of the construction company's stock worth $6,468,000 after acquiring an additional 69,047 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Wall Street Analyst Weigh In

WLDN has been the topic of several research reports. Wall Street Zen lowered shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th. Wedbush raised shares of Willdan Group to a "strong-buy" rating in a report 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.