Willdan Group, Inc. (NASDAQ:WLDN) Director Mohammad Shahidehpour Sells 2,273 Shares

Willdan Group, Inc. (NASDAQ:WLDN) Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, the director now owns 12,767 shares in the company, valued at $500,466.40. This represents a 15.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Willdan Group Price Performance

WLDN opened at $40.36 on Friday. The firm has a market cap of $581.51 million, a PE ratio of 24.76 and a beta of 1.41. The stock has a 50-day moving average price of $35.83 and a 200-day moving average price of $39.63. Willdan Group, Inc. has a 1 year low of $25.91 and a 1 year high of $50.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Willdan Group by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company’s stock valued at $275,000 after acquiring an additional 304 shares in the last quarter. Navellier & Associates Inc. increased its holdings in shares of Willdan Group by 4.4% in the 4th quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company’s stock worth $311,000 after purchasing an additional 341 shares in the last quarter. Wulff Hansen & CO. raised its stake in shares of Willdan Group by 1.6% in the fourth quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company’s stock worth $869,000 after purchasing an additional 370 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Willdan Group by 2.9% during the fourth quarter. Stifel Financial Corp now owns 16,494 shares of the construction company’s stock valued at $628,000 after purchasing an additional 461 shares in the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Willdan Group by 2.4% during the fourth quarter. Inspire Investing LLC now owns 21,390 shares of the construction company’s stock valued at $815,000 after buying an additional 501 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on WLDN. Wedbush raised shares of Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th. StockNews.com upgraded shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, March 11th.

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.