Willdan Group Inc. (WLDN) Insider Marc Tipermas Sells 1,000 Shares of Stock
Willdan Group Inc. (NASDAQ:WLDN) insider Marc Tipermas sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $24.81, for a total transaction of $24,810.00. Following the sale, the insider now owns 37,333 shares in the company, valued at $926,231.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Marc Tipermas also recently made the following trade(s):
- On Tuesday, November 15th, Marc Tipermas sold 3,470 shares of Willdan Group stock. The stock was sold at an average price of $19.30, for a total transaction of $66,971.00.
- 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 transaction 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 transaction of $293,574.76.
Willdan Group Inc. (NASDAQ:WLDN) opened at 24.02 on Wednesday. The stock’s 50 day moving average is $18.49 and its 200-day moving average is $14.55. The stock has a market capitalization of $199.97 million, a price-to-earnings ratio of 28.66 and a beta of 1.42. Willdan Group Inc. has a 12 month low of $7.10 and a 12 month high of $25.13.
Willdan Group (NASDAQ:WLDN) last released its quarterly earnings data on Thursday, November 3rd. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.07. The business had revenue of $58.70 million for the quarter, compared to analyst estimates of $51.09 million. Willdan Group had a return on equity of 16.60% and a net margin of 3.88%. On average, equities research analysts expect that Willdan Group Inc. will post $0.95 earnings per share for the current year.
A number of analysts recently weighed in on the stock. Wedbush upped their target price on shares of Willdan Group from $17.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, November 7th. Zacks Investment Research lowered shares of Willdan Group from a “strong-buy” rating to a “sell” rating in a research note on Wednesday, October 19th.
Institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley raised its position in Willdan Group by 88.7% in the third quarter. Morgan Stanley now owns 57,763 shares of the company’s stock valued at $1,013,000 after buying an additional 27,146 shares in the last quarter. Northern Trust Corp purchased a new position in Willdan Group during the third quarter valued at $185,000. ClariVest Asset Management LLC purchased a new position in Willdan Group during the third quarter valued at $350,000. Tocqueville Asset Management L.P. raised its position in Willdan Group by 4.7% in the third quarter. Tocqueville Asset Management L.P. now owns 216,000 shares of the company’s stock valued at $3,791,000 after buying an additional 9,606 shares in the last quarter. Finally, Wells Fargo & Company MN bought a new position in Willdan Group during the third quarter valued at approximately $163,000. 35.12% of the stock is currently owned by institutional investors and hedge funds.
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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