Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin Sells 22,459 Shares

Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) Director Thomas Donald Brisbin sold 22,459 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $52.34, for a total transaction of $1,175,504.06. Following the sale, the director now owns 422,454 shares of the company's stock, valued at $22,111,242.36. The trade was a 5.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, May 23rd, Thomas Donald Brisbin sold 1,626 shares of Willdan Group stock. The stock was sold at an average price of $51.54, for a total value of $83,804.04.
• 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 3.0%

NASDAQ:WLDN traded up $1.60 during mid-day trading on Tuesday, reaching $55.49. The stock had a trading volume of 64,593 shares, compared to its average volume of 136,211. The stock has a market cap of $804.44 million, a P/E ratio of 34.04 and a beta of 1.09. The business's 50 day moving average is $42.84 and its 200 day moving average is $39.90. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. Willdan Group, Inc. has a fifty-two week low of $27.19 and a fifty-two week high of $55.65.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on WLDN shares. Wall Street Zen cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th. Wedbush raised Willdan Group to a "strong-buy" rating in a research report on Monday, March 10th.

Institutional Trading of Willdan Group

Several large investors have recently added to or reduced their stakes in WLDN. Nuveen Asset Management LLC lifted its stake in shares of Willdan Group by 136.0% in the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company's stock valued at $7,925,000 after purchasing an additional 119,888 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Willdan Group by 9.0% in the fourth quarter. Principal Financial Group Inc. now owns 8,207 shares of the construction company's stock worth $313,000 after buying an additional 677 shares during the last quarter. Deutsche Bank AG lifted its position in shares of Willdan Group by 358.0% in the fourth quarter. Deutsche Bank AG now owns 34,935 shares of the construction company's stock worth $1,331,000 after buying an additional 27,308 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Willdan Group by 83.9% during the 4th quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock worth $530,000 after acquiring an additional 6,353 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Willdan Group by 23.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company's stock valued at $3,397,000 after acquiring an additional 16,832 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

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.