Willdan Group, Inc. (NASDAQ:WLDN) CFO Creighton K. Early Sells 5,000 Shares

Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) CFO Creighton K. Early sold 5,000 shares of the firm's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $53.28, for a total transaction of $266,400.00. Following the completion of the transaction, the chief financial officer now directly owns 72,071 shares in the company, valued at approximately $3,839,942.88. This represents a 6.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Willdan Group Stock Up 3.0%

Shares of NASDAQ WLDN traded up $1.60 during trading on Tuesday, reaching $55.49. 64,593 shares of the stock were exchanged, compared to its average volume of 138,622. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The business's 50-day moving average price is $42.84 and its 200 day moving average price is $39.90. The company has a market capitalization of $804.44 million, a price-to-earnings ratio of 34.04 and a beta of 1.09. Willdan Group, Inc. has a twelve month low of $27.19 and a twelve month high of $55.73.

Analyst Upgrades and Downgrades

WLDN has been the subject of several recent research reports. Wall Street Zen downgraded 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 Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC boosted its stake in Willdan Group by 83.9% during the 4th quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock valued at $530,000 after purchasing an additional 6,353 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of Willdan Group by 27.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company's stock valued at $711,000 after buying an additional 4,049 shares during the last quarter. Ausbil Investment Management Ltd raised its holdings in shares of Willdan Group by 341.2% during the fourth quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock valued at $1,463,000 after buying an additional 29,318 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Willdan Group by 23.2% in the 4th 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 increased its position in Willdan Group by 2.9% in the 4th quarter. Rhumbline Advisers now owns 20,159 shares of the construction company's stock valued at $768,000 after acquiring an additional 562 shares during the period. 72.29% of the stock is owned by institutional investors and hedge funds.

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.