Michael A. Bieber Sells 25,000 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber sold 25,000 shares of Willdan Group stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $48.11, for a total value of $1,202,750.00. Following the sale, the chief executive officer now owns 200,981 shares of the company’s stock, valued at approximately $9,669,195.91. This trade represents a 11.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Willdan Group Trading Up 0.1%

NASDAQ WLDN traded up $0.07 on Tuesday, hitting $50.55. The company’s stock had a trading volume of 202,095 shares, compared to its average volume of 133,973. The company’s 50-day simple moving average is $40.68 and its 200 day simple moving average is $39.29. 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 firm has a market cap of $732.82 million, a P/E ratio of 31.01 and a beta of 1.09. Willdan Group, Inc. has a 52-week low of $27.19 and a 52-week high of $50.86.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on WLDN shares. StockNews.com downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th. Wedbush upgraded shares of Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of Willdan Group by 82.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock worth $3,136,000 after purchasing an additional 34,699 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Willdan Group by 83.9% during the fourth quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company’s stock valued at $530,000 after purchasing an additional 6,353 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Willdan Group by 27.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company’s stock valued at $711,000 after buying an additional 4,049 shares during the last quarter. Inspire Investing LLC increased its holdings in Willdan Group by 2.4% in the 4th quarter. Inspire Investing LLC now owns 21,390 shares of the construction company’s stock worth $815,000 after buying an additional 501 shares in the last quarter. Finally, Ausbil Investment Management Ltd grew its position in Willdan Group by 341.2% in the 4th quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company’s stock worth $1,463,000 after purchasing an additional 29,318 shares during the period. 72.29% of the stock is currently owned by institutional investors.

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.