Insider Buying: Willdan Group, Inc. (WLDN) Director Acquires $10,025.40 in Stock
Willdan Group, Inc. (NASDAQ:WLDN) Director Douglas James Mceachern purchased 420 shares of the company’s stock in a transaction on Friday, December 8th. The stock was acquired at an average cost of $23.87 per share, for a total transaction of $10,025.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Douglas James Mceachern also recently made the following trade(s):
- On Thursday, November 9th, Douglas James Mceachern purchased 1,180 shares of Willdan Group stock. The stock was acquired at an average cost of $27.32 per share, for a total transaction of $32,237.60.
Willdan Group, Inc. (NASDAQ:WLDN) traded down $0.36 during midday trading on Thursday, hitting $25.15. The stock had a trading volume of 68,400 shares, compared to its average volume of 113,504. The company has a market capitalization of $223.56, a P/E ratio of 22.18 and a beta of 1.12. Willdan Group, Inc. has a 52-week low of $20.60 and a 52-week high of $36.87. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.46 and a current ratio of 1.46.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in WLDN. JPMorgan Chase & Co. bought a new stake in shares of Willdan Group during the second quarter valued at approximately $109,000. Nationwide Fund Advisors bought a new stake in shares of Willdan Group during the second quarter valued at approximately $131,000. Oppenheimer Asset Management Inc. increased its holdings in shares of Willdan Group by 33.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 6,046 shares of the construction company’s stock valued at $185,000 after acquiring an additional 1,524 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Willdan Group by 1,356.2% during the second quarter. The Manufacturers Life Insurance Company now owns 6,655 shares of the construction company’s stock valued at $203,000 after acquiring an additional 6,198 shares in the last quarter. Finally, Rhumbline Advisers bought a new stake in shares of Willdan Group during the second quarter valued at approximately $233,000. Hedge funds and other institutional investors own 66.05% of the company’s stock.
WLDN has been the topic of several recent analyst reports. Zacks Investment Research raised Willdan Group from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Thursday, October 19th. Seaport Global Securities reissued a “buy” rating and issued a $37.00 price target on shares of Willdan Group in a research note on Wednesday, October 11th. ValuEngine raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, BidaskClub downgraded Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $36.50.
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About Willdan Group
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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