Willdan Group, Inc. (NASDAQ:WLDN) Director Mohammad Shahidehpour Sells 2,273 Shares of Stock

Willdan Group, Inc. (NASDAQ:WLDN) Director Mohammad Shahidehpour sold 2,273 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the sale, the director now owns 12,767 shares in the company, valued at $500,466.40. The trade was a 15.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Willdan Group Stock Up 0.3 %

Shares of NASDAQ WLDN opened at $39.97 on Friday. The business has a 50-day moving average of $35.75 and a 200-day moving average of $39.62. The firm has a market capitalization of $575.89 million, a price-to-earnings ratio of 24.52 and a beta of 1.41. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a 12 month low of $25.91 and a 12 month high of $50.00.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on WLDN shares. StockNews.com raised Willdan Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Wedbush raised Willdan Group to a “strong-buy” rating in a report on Monday.

Institutional Trading of Willdan Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp purchased a new position in shares of Willdan Group during the 4th quarter valued at about $268,000. Squarepoint Ops LLC raised its position in Willdan Group by 126.8% during the 4th quarter. Squarepoint Ops LLC now owns 11,280 shares of the construction company’s stock valued at $430,000 after purchasing an additional 6,306 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in Willdan Group in the fourth quarter valued at $375,000. Man Group plc boosted its stake in shares of Willdan Group by 180.2% during the 4th quarter. Man Group plc now owns 31,924 shares of the construction company’s stock valued at $1,216,000 after purchasing an additional 20,530 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in shares of Willdan Group by 136.0% during the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company’s stock worth $7,925,000 after acquiring an additional 119,888 shares during the period. Hedge funds and other institutional investors 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.