Micah Chen Sells 10,000 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) VP Micah Chen sold 10,000 shares of the business’s stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $48.20, for a total transaction of $482,000.00. Following the completion of the sale, the vice president now owns 38,502 shares in the company, valued at approximately $1,855,796.40. This trade represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Willdan Group Trading Up 0.1%

Shares of NASDAQ:WLDN traded up $0.07 during trading hours on Tuesday, hitting $50.55. 202,095 shares of the company’s stock traded hands, compared to its average volume of 133,973. The firm has a market capitalization of $732.82 million, a P/E ratio of 31.01 and a beta of 1.09. The business has a fifty day moving average price of $40.68 and a 200-day moving average price of $39.29. Willdan Group, Inc. has a 1 year low of $27.19 and a 1 year high of $50.86. 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 Investors Weigh In On Willdan Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC bought a new position in Willdan Group in the 4th quarter valued at $40,000. Tower Research Capital LLC TRC boosted its stake in shares of Willdan Group by 470.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock valued at $64,000 after purchasing an additional 1,387 shares during the period. McIlrath & Eck LLC bought a new position in shares of Willdan Group in the first quarter worth about $75,000. GAMMA Investing LLC increased its stake in Willdan Group by 1,809.7% in the 1st quarter. GAMMA Investing LLC now owns 2,158 shares of the construction company’s stock worth $88,000 after buying an additional 2,045 shares during the period. Finally, Legal & General Group Plc increased its stake in Willdan Group by 26.4% in the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock worth $99,000 after buying an additional 542 shares during the period. 72.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th. Wedbush raised Willdan Group to a “strong-buy” rating in a research note on Monday, March 10th.

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.