Insider Selling: Willdan Group, Inc. (NASDAQ:WLDN) CFO Sells $10,179.00 in Stock

Willdan Group, Inc. (NASDAQ:WLDN) CFO Creighton K. Early sold 234 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $43.50, for a total transaction of $10,179.00. Following the completion of the sale, the chief financial officer now directly owns 69,146 shares of the company’s stock, valued at $3,007,851. The trade was a 0.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Willdan Group Stock Up 0.5 %

Shares of WLDN stock traded up $0.23 on Tuesday, hitting $42.87. The stock had a trading volume of 83,654 shares, compared to its average volume of 104,726. The stock’s 50 day moving average is $43.85 and its 200-day moving average is $37.66. The firm has a market capitalization of $605.32 million, a price-to-earnings ratio of 26.16 and a beta of 1.36. Willdan Group, Inc. has a 52-week low of $17.23 and a 52-week high of $50.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77.

Hedge Funds Weigh In On Willdan Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WLDN. Quantbot Technologies LP purchased a new stake in shares of Willdan Group during the third quarter worth about $26,000. nVerses Capital LLC grew its stake in Willdan Group by 125.0% during the 3rd quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after purchasing an additional 500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Willdan Group during the 3rd quarter worth approximately $44,000. ProShare Advisors LLC acquired a new position in shares of Willdan Group in the 2nd quarter valued at approximately $48,000. Finally, FMR LLC boosted its stake in shares of Willdan Group by 343.6% during the 3rd quarter. FMR LLC now owns 3,935 shares of the construction company’s stock valued at $161,000 after buying an additional 3,048 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WLDN. Wedbush reiterated an “outperform” rating and issued a $51.00 price target on shares of Willdan Group in a report on Monday, November 4th. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research note 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.