Marc Tipermas Sells 1,962 Shares of Willdan Group Inc. (WLDN) Stock
Willdan Group Inc. (NASDAQ:WLDN) insider Marc Tipermas sold 1,962 shares of the firm’s stock in a transaction on Monday, November 14th. The stock was sold at an average price of $19.51, for a total value of $38,278.62. Following the sale, the insider now directly owns 43,224 shares of the company’s stock, valued at approximately $843,300.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Marc Tipermas also recently made the following trade(s):
- On Thursday, November 10th, Marc Tipermas sold 15,566 shares of Willdan Group stock. The stock was sold at an average price of $18.86, for a total value of $293,574.76.
Shares of Willdan Group Inc. (NASDAQ:WLDN) opened at 20.39 on Thursday. The stock has a 50 day moving average price of $17.58 and a 200-day moving average price of $13.91. Willdan Group Inc. has a 52 week low of $7.10 and a 52 week high of $20.80. The firm has a market capitalization of $169.75 billion, a PE ratio of 24.57 and a beta of 1.42.
Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07. Willdan Group had a return on equity of 16.60% and a net margin of 3.88%. The company had revenue of $58.70 million for the quarter, compared to analyst estimates of $51.09 million. Equities analysts anticipate that Willdan Group Inc. will post $0.95 earnings per share for the current year.
WLDN has been the subject of several recent analyst reports. Zacks Investment Research raised Willdan Group from a “sell” rating to a “hold” rating and set a $22.00 target price for the company in a research note on Saturday, November 5th. Wedbush lifted their price objective on Willdan Group from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, November 7th.
Several hedge funds and other institutional investors have recently modified their holdings of WLDN. Vanguard Group Inc. raised its position in shares of Willdan Group by 0.8% in the second quarter. Vanguard Group Inc. now owns 235,156 shares of the company’s stock worth $2,498,000 after buying an additional 1,834 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Willdan Group by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 217,341 shares of the company’s stock worth $2,308,000 after buying an additional 2,784 shares in the last quarter. Tocqueville Asset Management L.P. raised its position in shares of Willdan Group by 4.7% in the third quarter. Tocqueville Asset Management L.P. now owns 216,000 shares of the company’s stock worth $3,791,000 after buying an additional 9,606 shares in the last quarter. Morgan Stanley raised 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 in the last quarter. Finally, ClariVest Asset Management LLC acquired a new position in shares of Willdan Group during the third quarter worth $350,000. 32.01% of the stock is currently owned by institutional investors.
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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