Marc Tipermas Sells 15,566 Shares of Willdan Group Inc. (WLDN) Stock
Willdan Group Inc. (NASDAQ:WLDN) insider Marc Tipermas sold 15,566 shares of the business’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $18.86, for a total value of $293,574.76. Following the completion of the transaction, the insider now owns 56,831 shares of the company’s stock, valued at $1,071,832.66. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Marc Tipermas also recently made the following trade(s):
- On Monday, November 14th, Marc Tipermas sold 1,962 shares of Willdan Group stock. The shares were sold at an average price of $19.51, for a total value of $38,278.62.
Shares of Willdan Group Inc. (NASDAQ:WLDN) opened at 19.91 on Wednesday. The company has a market cap of $165.75 million, a PE ratio of 23.76 and a beta of 1.42. Willdan Group Inc. has a 1-year low of $6.95 and a 1-year high of $20.14. The firm has a 50-day moving average price of $17.54 and a 200 day moving average price of $13.86.
Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, November 3rd. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.21 by $0.07. The firm earned $58.70 million during the quarter, compared to the consensus estimate of $51.09 million. Willdan Group had a return on equity of 16.60% and a net margin of 3.88%. On average, equities analysts anticipate that Willdan Group Inc. will post $0.95 earnings per share for the current year.
A number of institutional investors have recently bought and sold shares of WLDN. Wells Fargo & Company MN purchased a new position in Willdan Group during the third quarter valued at approximately $163,000. Northern Trust Corp bought a new position in shares of Willdan Group during the third quarter worth about $185,000. Navellier & Associates Inc bought a new position in shares of Willdan Group during the third quarter worth about $227,000. ClariVest Asset Management LLC bought a new position in shares of Willdan Group during the third quarter worth about $350,000. Finally, Morgan Stanley increased its position in shares of Willdan Group by 88.7% in the third quarter. Morgan Stanley now owns 57,763 shares of the company’s stock worth $1,013,000 after buying an additional 27,146 shares during the period. Hedge funds and other institutional investors own 32.01% of the company’s stock.
Several brokerages recently issued reports on WLDN. Zacks Investment Research upgraded Willdan Group from a “sell” rating to a “hold” rating and set a $22.00 price objective for the company in a research report on Saturday, November 5th. Wedbush boosted their price objective on Willdan Group from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, November 7th.
About Willdan Group
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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