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

Willdan Group, Inc. (NASDAQ:WLDN) Director Thomas Donald Brisbin sold 7,700 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $43.45, for a total transaction of $334,565.00. Following the completion of the transaction, the director now directly owns 406,704 shares of the company’s stock, valued at $17,671,288.80. This represents a 1.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 shares were sold at an average price of $41.69, for a total transaction of $321,013.00.

Willdan Group Trading Up 2.0 %

Shares of Willdan Group stock opened at $41.64 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The business has a fifty day simple moving average of $43.84 and a two-hundred day simple moving average of $38.02. Willdan Group, Inc. has a 1 year low of $17.23 and a 1 year high of $50.00. The company has a market capitalization of $588.17 million, a price-to-earnings ratio of 25.55 and a beta of 1.36.

Wall Street Analysts Forecast Growth

WLDN has been the topic of several recent analyst reports. Wedbush restated an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a research note on Monday, November 4th. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th.

Institutional Trading of Willdan Group

A number of hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP acquired a new position in Willdan Group in the 3rd quarter valued at about $26,000. nVerses Capital LLC boosted its holdings in shares of Willdan Group by 125.0% during the third quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock worth $37,000 after acquiring an additional 500 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willdan Group in the third quarter valued at approximately $44,000. ProShare Advisors LLC bought a new position in shares of Willdan Group during the second quarter worth approximately $48,000. Finally, FMR LLC lifted its holdings in Willdan Group by 343.6% during the 3rd quarter. FMR LLC now owns 3,935 shares of the construction company’s stock worth $161,000 after purchasing an additional 3,048 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.