Willdan Group Inc. (WLDN) Insider Marc Tipermas Sells 3,470 Shares of Stock
Willdan Group Inc. (NASDAQ:WLDN) insider Marc Tipermas sold 3,470 shares of the company’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $19.30, for a total value of $66,971.00. Following the completion of the sale, the insider now directly owns 38,333 shares in the company, valued at $739,826.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $19.51, for a total value of $38,278.62.
- 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.
Willdan Group Inc. (NASDAQ:WLDN) traded up 5.28% during midday trading on Friday, reaching $21.75. The company’s stock had a trading volume of 116,166 shares. Willdan Group Inc. has a 12-month low of $7.10 and a 12-month high of $22.48. The firm has a 50 day moving average price of $17.65 and a 200-day moving average price of $13.96. The company has a market cap of $181.07 million, a P/E ratio of 25.95 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 (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.07. Willdan Group had a return on equity of 16.60% and a net margin of 3.88%. The firm earned $58.70 million during the quarter, compared to analyst estimates of $51.09 million. On average, equities research analysts predict that Willdan Group Inc. will post $0.95 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the company. Tocqueville Asset Management L.P. raised its stake in shares of Willdan Group by 82.3% in the second quarter. Tocqueville Asset Management L.P. now owns 206,394 shares of the company’s stock worth $2,192,000 after buying an additional 93,194 shares in the last quarter. Morgan Stanley raised its stake 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. Northern Trust Corp acquired a new stake in shares of Willdan Group during the third quarter worth about $185,000. ClariVest Asset Management LLC acquired a new stake in shares of Willdan Group during the third quarter worth about $350,000. Finally, Wells Fargo & Company MN acquired a new stake in shares of Willdan Group during the third quarter worth about $163,000. 32.01% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts recently weighed in on the company. Zacks Investment Research cut Willdan Group from a “strong-buy” rating to a “sell” rating in a research note on Wednesday, October 19th. Wedbush boosted their target price on Willdan Group from $17.00 to $20.00 and gave the stock an “outperform” rating in a 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.
Receive News & Stock Ratings for Willdan Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willdan Group Inc. and related stocks with our FREE daily email newsletter.