Steven A. Cohen Sells 2,500 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Steven A. Cohen sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $116.34, for a total transaction of $290,850.00. Following the sale, the director owned 26,849 shares in the company, valued at approximately $3,123,612.66. This trade represents a 8.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Willdan Group Stock Down 6.1%

Shares of NASDAQ WLDN opened at $113.01 on Friday. Willdan Group, Inc. has a 1 year low of $30.43 and a 1 year high of $121.00. The firm’s 50 day moving average price is $76.99 and its 200 day moving average price is $53.17. The firm has a market cap of $1.66 billion, a P/E ratio of 47.28 and a beta of 1.31. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.61 and a current ratio of 1.43.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Roth Capital restated a “buy” rating and set a $103.00 target price (up previously from $62.00) on shares of Willdan Group in a research report on Tuesday, August 5th. Wedbush raised their target price on shares of Willdan Group from $85.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th.

Hedge Funds Weigh In On Willdan Group

Hedge funds have recently made changes to their positions in the stock. AdvisorShares Investments LLC acquired a new position in shares of Willdan Group in the 2nd quarter valued at $30,000. USA Financial Formulas acquired a new position in shares of Willdan Group in the 2nd quarter valued at $65,000. Raymond James Financial Inc. acquired a new position in shares of Willdan Group in the 2nd quarter valued at $80,000. Ameritas Investment Partners Inc. boosted its holdings in shares of Willdan Group by 15.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,419 shares of the construction company’s stock valued at $89,000 after purchasing an additional 191 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Willdan Group by 470.2% in the 4th 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 last quarter. Institutional investors and hedge funds 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.