Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin Sells 5,915 Shares

Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) Director Thomas Donald Brisbin sold 5,915 shares of Willdan Group stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $52.04, for a total value of $307,816.60. Following the completion of the transaction, the director now directly owns 422,454 shares of the company's stock, valued at approximately $21,984,506.16. This represents a 1.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 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 transaction of $83,804.04.
• 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 Performance

NASDAQ:WLDN traded up $0.11 during trading hours on Friday, reaching $53.81. The company had a trading volume of 169,503 shares, compared to its average volume of 137,997. The firm has a market cap of $780.08 million, a price-to-earnings ratio of 33.01 and a beta of 1.09. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The firm's 50 day moving average price is $42.35 and its 200-day moving average price is $39.80. Willdan Group, Inc. has a 52 week low of $27.19 and a 52 week high of $54.34.

Analysts Set New Price Targets

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

Institutional Trading of Willdan Group

Large investors have recently modified their holdings of the company. SG Americas Securities LLC lifted its holdings in Willdan Group by 83.9% in the fourth quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock valued at $530,000 after acquiring an additional 6,353 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Willdan Group by 27.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company's stock worth $711,000 after purchasing an additional 4,049 shares during the period. Ausbil Investment Management Ltd lifted its stake in shares of Willdan Group by 341.2% in the 4th quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock worth $1,463,000 after purchasing an additional 29,318 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Willdan Group by 23.2% in 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 during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Willdan Group by 2.9% in 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 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.