Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber Sells 25,000 Shares

Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber sold 25,000 shares of Willdan Group stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $48.11, for a total value of $1,202,750.00. Following the completion of the transaction, the chief executive officer now owns 200,981 shares in the company, valued at approximately $9,669,195.91. This represents a 11.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Willdan Group Stock Up 0.1%

Shares of Willdan Group stock traded up $0.07 on Tuesday, hitting $50.55. The company had a trading volume of 202,095 shares, compared to its average volume of 133,973. The stock has a market capitalization of $732.82 million, a price-to-earnings ratio of 31.01 and a beta of 1.09. The stock has a 50 day moving average of $40.68 and a 200-day moving average of $39.29. Willdan Group, Inc. has a 1 year low of $27.19 and a 1 year high of $50.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on WLDN. Wedbush upgraded Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th. StockNews.com downgraded shares of 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 made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Willdan Group by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company’s stock valued at $275,000 after buying an additional 304 shares during the period. Principal Financial Group Inc. raised its stake in shares of Willdan Group by 3.9% during the 1st quarter. Principal Financial Group Inc. now owns 8,526 shares of the construction company’s stock valued at $347,000 after purchasing an additional 319 shares during the period. Navellier & Associates Inc. raised its stake in shares of Willdan Group by 4.4% during the 4th quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company’s stock valued at $311,000 after purchasing an additional 341 shares during the period. Wulff Hansen & CO. lifted its holdings in Willdan Group by 1.6% during the 4th quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company’s stock worth $869,000 after purchasing an additional 370 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Willdan Group by 2.9% in the 4th quarter. Stifel Financial Corp now owns 16,494 shares of the construction company’s stock worth $628,000 after purchasing an additional 461 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

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.