Thomas Donald Brisbin Sells 14,426 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 14,426 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $32.06, for a total transaction of $462,497.56. Following the sale, the director now directly owns 413,908 shares in the company, valued at $13,269,890.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Thomas Donald Brisbin also recently made the following trade(s):

• On Wednesday, May 22nd, Thomas Donald Brisbin sold 5,267 shares of Willdan Group stock. The stock was sold at an average price of $32.16, for a total transaction of $169,386.72.
• On Thursday, May 16th, Thomas Donald Brisbin sold 7,347 shares of Willdan Group stock. The stock was sold at an average price of $32.01, for a total transaction of $235,177.47.

Willdan Group Trading Down 0.6 %

Shares of Willdan Group stock opened at $31.32 on Friday. The firm has a market capitalization of $432.84 million, a PE ratio of 33.68 and a beta of 1.47. Willdan Group, Inc. has a twelve month low of $15.87 and a twelve month high of $34.81. The firm’s 50-day moving average price is $29.28 and its 200 day moving average price is $23.52. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.43.

Willdan Group (NASDAQ:WLDN) last released its earnings results on Thursday, May 2nd. The construction company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.20. Willdan Group had a net margin of 2.44% and a return on equity of 10.62%. The business had revenue of $122.49 million for the quarter, compared to analyst estimates of $114.02 million. On average, sell-side analysts predict that Willdan Group, Inc. will post 1.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WLDN has been the topic of several recent analyst reports. Wedbush reissued an “outperform” rating and set a $35.00 target price on shares of Willdan Group in a research note on Monday, May 6th. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 16th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $34.00 price target (up from $27.00) on shares of Willdan Group in a research note on Friday, March 22nd.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of WLDN. Acadian Asset Management LLC lifted its stake in Willdan Group by 168.3% in the 1st quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company’s stock worth $78,000 after purchasing an additional 1,725 shares in the last quarter. EntryPoint Capital LLC purchased a new position in Willdan Group in the 1st quarter worth approximately $90,000. New York State Common Retirement Fund increased its holdings in shares of Willdan Group by 62.6% during the 3rd quarter. New York State Common Retirement Fund now owns 5,200 shares of the construction company’s stock worth $106,000 after buying an additional 2,001 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Willdan Group by 27.2% during the 4th quarter. SG Americas Securities LLC now owns 6,776 shares of the construction company’s stock worth $146,000 after buying an additional 1,448 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Willdan Group by 82.5% during the 1st quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company’s stock worth $176,000 after buying an additional 2,748 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Willdan Group Company Profile

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.