Willdan Group, Inc. (NASDAQ:WLDN) CEO Sells $919,005.90 in Stock

Willdan Group, Inc. (NASDAQ:WLDN) CEO Thomas Donald Brisbin sold 39,090 shares of Willdan Group stock in a transaction on Friday, June 19th. The shares were sold at an average price of $23.51, for a total value of $919,005.90. Following the transaction, the chief executive officer now owns 271,712 shares in the company, valued at $6,387,949.12. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, June 9th, Thomas Donald Brisbin sold 4,261 shares of Willdan Group stock. The shares were sold at an average price of $26.31, for a total value of $112,106.91.
  • On Friday, June 5th, Thomas Donald Brisbin sold 11,037 shares of Willdan Group stock. The shares were sold at an average price of $27.78, for a total value of $306,607.86.

Shares of Willdan Group stock opened at $23.71 on Thursday. The stock has a market cap of $279.60 million, a PE ratio of -91.19 and a beta of 1.34. The business has a fifty day simple moving average of $23.91 and a 200-day simple moving average of $27.59. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.81. Willdan Group, Inc. has a 12 month low of $17.92 and a 12 month high of $39.96.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, May 7th. The construction company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.18). The business had revenue of $106.03 million during the quarter, compared to analyst estimates of $91.54 million. Willdan Group had a positive return on equity of 6.34% and a negative net margin of 0.63%. Analysts expect that Willdan Group, Inc. will post -0.89 EPS for the current fiscal year.

Several equities research analysts have recently weighed in on the company. ValuEngine raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Monday, June 1st. BidaskClub raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Friday, May 29th. Wedbush reduced their price objective on Willdan Group from $45.00 to $28.00 in a research note on Friday, April 17th. Sidoti assumed coverage on Willdan Group in a research note on Wednesday, April 22nd. They set a “buy” rating for the company. Finally, Zacks Investment Research raised Willdan Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.00.

Several institutional investors have recently modified their holdings of WLDN. Bank of Montreal Can boosted its position in shares of Willdan Group by 45.5% in the fourth quarter. Bank of Montreal Can now owns 1,282 shares of the construction company’s stock worth $41,000 after buying an additional 401 shares during the period. Citigroup Inc. boosted its position in shares of Willdan Group by 52.5% in the fourth quarter. Citigroup Inc. now owns 2,051 shares of the construction company’s stock worth $65,000 after buying an additional 706 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Willdan Group by 110.7% in the first quarter. BNP Paribas Arbitrage SA now owns 3,121 shares of the construction company’s stock worth $67,000 after buying an additional 1,640 shares during the period. Stifel Financial Corp boosted its position in shares of Willdan Group by 23.0% in the fourth quarter. Stifel Financial Corp now owns 8,484 shares of the construction company’s stock worth $272,000 after buying an additional 1,588 shares during the period. Finally, Barclays PLC boosted its position in shares of Willdan Group by 99.0% in the fourth quarter. Barclays PLC now owns 10,051 shares of the construction company’s stock worth $319,000 after buying an additional 4,999 shares during the period. 76.91% of the stock is owned by institutional investors and hedge funds.

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 survey, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services.

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Insider Buying and Selling by Quarter for Willdan Group (NASDAQ:WLDN)

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