Insider Selling: Willdan Group, Inc. (NASDAQ:WLDN) CEO Sells 1,804 Shares of Stock

Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber sold 1,804 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $45.86, for a total transaction of $82,731.44. Following the transaction, the chief executive officer now directly owns 173,654 shares in the company, valued at $7,963,772.44. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Willdan Group Price Performance

NASDAQ:WLDN traded up $0.43 during trading hours on Friday, reaching $43.79. The company had a trading volume of 237,709 shares, compared to its average volume of 102,182. The company has a quick ratio of 1.81, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $42.01 and a two-hundred day moving average of $35.67. Willdan Group, Inc. has a one year low of $17.23 and a one year high of $50.00. The firm has a market capitalization of $618.53 million, a PE ratio of 26.87 and a beta of 1.39.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on WLDN shares. StockNews.com downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th. Wedbush restated an “outperform” rating and issued a $51.00 target price on shares of Willdan Group in a research note on Monday. Finally, Roth Mkm lifted their price target on shares of Willdan Group from $34.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd.

Institutional Investors Weigh In On Willdan Group

Several large investors have recently made changes to their positions in the company. Quadrature Capital Ltd boosted its position in Willdan Group by 85.6% in the first quarter. Quadrature Capital Ltd now owns 46,531 shares of the construction company’s stock valued at $1,339,000 after buying an additional 21,459 shares in the last quarter. Swedbank AB bought a new stake in Willdan Group during the 1st quarter worth approximately $12,628,000. Tidal Investments LLC acquired a new stake in Willdan Group during the 1st quarter valued at $1,239,000. DekaBank Deutsche Girozentrale bought a new position in Willdan Group in the 2nd quarter valued at $707,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in Willdan Group in the third quarter worth $2,970,000. 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.