Willdan Group, Inc. (NASDAQ:WLDN) Insider Marc Tipermas Sells 5,000 Shares
Willdan Group, Inc. (NASDAQ:WLDN) insider Marc Tipermas sold 5,000 shares of Willdan Group stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $35.78, for a total transaction of $178,900.00. Following the completion of the transaction, the insider now directly owns 43,333 shares in the company, valued at $1,550,454.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Willdan Group, Inc. (NASDAQ WLDN) traded down 1.72% on Wednesday, reaching $35.91. 72,614 shares of the company’s stock were exchanged. The stock has a market cap of $309.11 million, a price-to-earnings ratio of 31.64 and a beta of 1.32. The company’s 50 day moving average is $31.97 and its 200-day moving average is $30.79. Willdan Group, Inc. has a one year low of $12.36 and a one year high of $36.45.
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Several research analysts recently commented on the stock. Canaccord Genuity reaffirmed a “buy” rating and issued a $36.00 target price on shares of Willdan Group in a research note on Friday, June 2nd. BidaskClub downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Wedbush reaffirmed an “outperform” rating on shares of Willdan Group in a research note on Wednesday, July 12th. Finally, Zacks Investment Research downgraded shares of Willdan Group from a “hold” rating to a “sell” rating in a research note on Thursday, May 11th.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new position in Willdan Group during the first quarter worth about $146,000. Creative Planning bought a new stake in Willdan Group during the first quarter worth $107,000. Globeflex Capital L P boosted its stake in Willdan Group by 18,000.0% in the first quarter. Globeflex Capital L P now owns 7,240 shares of the construction company’s stock worth $234,000 after buying an additional 7,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Willdan Group by 22.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 302,315 shares of the construction company’s stock worth $6,829,000 after buying an additional 56,149 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in Willdan Group during the fourth quarter valued at approximately $479,000. Hedge funds and other institutional investors own 48.34% of the company’s stock.
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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