Insider Selling: Willdan Group, Inc. (NASDAQ:WLDN) CFO Sells 5,000 Shares of Stock

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 stock was sold at an average price of $53.28, for a total value of $266,400.00. Following the transaction, the chief financial officer now owns 72,071 shares in the company, valued at $3,839,942.88. This trade represents a 6.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Willdan Group Stock Performance

NASDAQ WLDN traded up $0.11 during trading hours on Friday, hitting $53.81. The company had a trading volume of 207,495 shares, compared to its average volume of 138,659. Willdan Group, Inc. has a fifty-two week low of $27.19 and a fifty-two week high of $54.35. 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 has a fifty day simple moving average of $42.59 and a 200-day simple moving average of $39.83. The firm has a market cap of $780.08 million, a P/E ratio of 33.01 and a beta of 1.09.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Willdan Group

Large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in shares of Willdan Group during the fourth quarter valued at $40,000. Tower Research Capital LLC TRC increased its holdings in shares of Willdan Group by 470.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company's stock valued at $64,000 after purchasing an additional 1,387 shares during the period. McIlrath & Eck LLC acquired a new position in shares of Willdan Group during the first quarter valued at $75,000. GAMMA Investing LLC increased its holdings in shares of Willdan Group by 1,809.7% during the first quarter. GAMMA Investing LLC now owns 2,158 shares of the construction company's stock valued at $88,000 after purchasing an additional 2,045 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of Willdan Group by 26.4% during the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company's stock valued at $99,000 after purchasing an additional 542 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.