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

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 7,700 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $43.45, for a total transaction of $334,565.00. Following the sale, the director now directly owns 406,704 shares of the company’s stock, valued at approximately $17,671,288.80. This trade represents a 1.86 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Thursday, November 21st, Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock. The stock was sold at an average price of $41.69, for a total transaction of $321,013.00.

Willdan Group Stock Performance

Willdan Group stock opened at $40.40 on Wednesday. Willdan Group, Inc. has a 52 week low of $17.23 and a 52 week high of $50.00. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The stock has a market cap of $570.65 million, a P/E ratio of 24.79 and a beta of 1.36. The stock has a 50 day moving average of $43.84 and a 200-day moving average of $38.02.

Institutional Investors Weigh In On Willdan Group

Institutional investors have recently modified their holdings of the stock. Lord Abbett & CO. LLC bought a new stake in Willdan Group in the third quarter valued at about $15,608,000. Franklin Resources Inc. acquired a new position in shares of Willdan Group in the 3rd quarter worth approximately $351,000. Barclays PLC raised its position 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 valued at $708,000 after acquiring an additional 12,297 shares in the last quarter. Geode Capital Management LLC lifted its stake in Willdan Group by 0.5% during the third quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock worth $12,075,000 after purchasing an additional 1,514 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Willdan Group in the third quarter worth $365,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on WLDN shares. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th. Wedbush reissued an “outperform” rating and set a $51.00 target price on shares of Willdan Group in a research report on Monday, November 4th.

About Willdan Group

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.