Mohammad Shahidehpour Sells 2,273 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the completion of the transaction, the director now owns 12,767 shares of the company’s stock, valued at $500,466.40. This trade represents a 15.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Willdan Group Stock Up 1.0 %

Shares of Willdan Group stock opened at $40.36 on Friday. Willdan Group, Inc. has a 52-week low of $25.91 and a 52-week high of $50.00. The company has a 50 day moving average of $35.79 and a 200 day moving average of $39.62. 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 company has a market capitalization of $581.51 million, a P/E ratio of 24.76 and a beta of 1.41.

Analysts Set New Price Targets

A number of research analysts recently issued reports on WLDN shares. StockNews.com upgraded shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Wedbush upgraded shares of Willdan Group to a “strong-buy” rating in a research note on Monday, March 10th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Willdan Group during the 3rd quarter worth approximately $26,000. Farther Finance Advisors LLC purchased a new stake in shares of Willdan Group during the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC lifted its position in shares of Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock worth $64,000 after buying an additional 1,387 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock worth $99,000 after buying an additional 542 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Willdan Group during the 4th quarter worth approximately $125,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

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.