Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin Sells 7,700 Shares

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 7,700 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $41.69, for a total value of $321,013.00. Following the transaction, the director now owns 422,104 shares in the company, valued at approximately $17,597,515.76. This trade represents a 1.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, November 25th, Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock. The shares were sold at an average price of $43.45, for a total transaction of $334,565.00.

Willdan Group Stock Up 2.0 %

WLDN traded up $0.83 during trading on Monday, hitting $41.64. 119,771 shares of the company’s stock were exchanged, compared to its average volume of 104,932. The stock has a market cap of $588.17 million, a P/E ratio of 25.55 and a beta of 1.36. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a fifty-two week low of $17.23 and a fifty-two week high of $50.00. The business’s 50 day moving average is $43.84 and its two-hundred day moving average is $38.02.

Hedge Funds Weigh In On Willdan Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Lord Abbett & CO. LLC purchased a new position in Willdan Group in the third quarter valued at approximately $15,608,000. Franklin Resources Inc. purchased a new position in shares of Willdan Group during the 3rd quarter valued at $351,000. Barclays PLC grew its stake in shares of Willdan Group by 245.7% during the 3rd quarter. Barclays PLC now owns 17,301 shares of the construction company’s stock worth $708,000 after acquiring an additional 12,297 shares during the period. Geode Capital Management LLC grew its stake in shares of Willdan Group by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock worth $12,075,000 after acquiring an additional 1,514 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Willdan Group in the 3rd quarter worth about $365,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on WLDN. Wedbush restated an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th.

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.