Willdan Group, Inc. (NASDAQ:WLDN) Major Shareholder Fund L.P. Forager Sells 699 Shares

Willdan Group, Inc. (NASDAQ:WLDN) major shareholder Fund L.P. Forager sold 699 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $30.02, for a total transaction of $20,983.98. Following the sale, the insider now directly owns 1,456,097 shares of the company’s stock, valued at approximately $43,712,031.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund L.P. Forager also recently made the following trade(s):

• On Monday, June 17th, Fund L.P. Forager sold 6,642 shares of Willdan Group stock. The stock was sold at an average price of $29.40, for a total transaction of $195,274.80.
• On Wednesday, June 12th, Fund L.P. Forager sold 7,941 shares of Willdan Group stock. The stock was sold at an average price of $31.31, for a total transaction of $248,632.71.
• On Monday, June 10th, Fund L.P. Forager sold 11,000 shares of Willdan Group stock. The stock was sold at an average price of $31.01, for a total transaction of $341,110.00.
• On Thursday, June 6th, Fund L.P. Forager sold 12,840 shares of Willdan Group stock. The shares were sold at an average price of $32.03, for a total transaction of $411,265.20.
• On Wednesday, May 15th, Fund L.P. Forager sold 5,505 shares of Willdan Group stock. The shares were sold at an average price of $32.60, for a total transaction of $179,463.00.
• On Monday, May 13th, Fund L.P. Forager sold 1,799 shares of Willdan Group stock. The shares were sold at an average price of $32.32, for a total transaction of $58,143.68.
• On Friday, May 10th, Fund L.P. Forager sold 15,580 shares of Willdan Group stock. The shares were sold at an average price of $33.15, for a total transaction of $516,477.00.
• On Wednesday, May 8th, Fund L.P. Forager sold 5,707 shares of Willdan Group stock. The shares were sold at an average price of $33.01, for a total transaction of $188,388.07.
• On Monday, May 6th, Fund L.P. Forager sold 10,830 shares of Willdan Group stock. The shares were sold at an average price of $32.84, for a total transaction of $355,657.20.
• On Friday, May 3rd, Fund L.P. Forager sold 86,483 shares of Willdan Group stock. The shares were sold at an average price of $31.25, for a total value of $2,702,593.75.

Willdan Group Stock Down 0.5 %

Shares of WLDN opened at $29.45 on Wednesday. The company has a market cap of $407.00 million, a PE ratio of 31.67 and a beta of 1.44. The business has a fifty day moving average of $30.29 and a 200 day moving average of $25.01. Willdan Group, Inc. has a 52-week low of $17.09 and a 52-week high of $34.81. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.43.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.20. The company had revenue of $122.49 million during the quarter, compared to the consensus estimate of $114.02 million. Willdan Group had a return on equity of 10.62% and a net margin of 2.44%. On average, sell-side analysts expect that Willdan Group, Inc. will post 1.54 EPS for the current year.

Institutional Trading of Willdan Group

Institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its position in Willdan Group by 168.3% in the first quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company’s stock worth $78,000 after buying an additional 1,725 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Willdan Group during the first quarter worth $90,000. New York State Common Retirement Fund lifted its position in shares of Willdan Group by 62.6% during the third quarter. New York State Common Retirement Fund now owns 5,200 shares of the construction company’s stock worth $106,000 after purchasing an additional 2,001 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Willdan Group by 27.2% during the fourth quarter. SG Americas Securities LLC now owns 6,776 shares of the construction company’s stock worth $146,000 after purchasing an additional 1,448 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of Willdan Group by 82.5% during the first quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company’s stock worth $176,000 after purchasing an additional 2,748 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

WLDN has been the subject of a number of research reports. StockNews.com upgraded Willdan Group from a “buy” rating to a “strong-buy” rating in a research report on Monday. Roth Mkm reiterated a “buy” rating and set a $34.00 target price (up from $27.00) on shares of Willdan Group in a research report on Friday, March 22nd. Finally, Wedbush reiterated an “outperform” rating and set a $35.00 target price on shares of Willdan Group in a research report on Monday, May 6th.

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.