Michael A. Bieber Sells 25,000 Shares of Willdan Group, Inc. (NASDAQ:WLDN) Stock

Willdan Group, Inc. (NASDAQ:WLDN) CEO Michael A. Bieber sold 25,000 shares of the company’s stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $48.11, for a total transaction of $1,202,750.00. Following the completion of the sale, the chief executive officer now owns 200,981 shares in the company, valued at approximately $9,669,195.91. This trade represents a 11.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Willdan Group Stock Performance

Shares of WLDN stock opened at $50.55 on Wednesday. Willdan Group, Inc. has a one year low of $27.19 and a one year high of $50.87. The company’s 50-day moving average is $40.89 and its 200 day moving average is $39.37. The company has a market capitalization of $732.82 million, a price-to-earnings ratio of 31.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77.

Institutional Investors Weigh In On Willdan Group

A number of institutional investors have recently made changes to their positions in WLDN. Nuveen LLC purchased a new stake in shares of Willdan Group during the first quarter valued at approximately $10,313,000. Wells Fargo & Company MN boosted its stake in Willdan Group by 2,934.0% during the 4th quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company’s stock valued at $6,678,000 after purchasing an additional 169,555 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Willdan Group by 136.0% during the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company’s stock valued at $7,925,000 after purchasing an additional 119,888 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in Willdan Group during the 1st quarter valued at $4,687,000. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Willdan Group by 77.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 158,401 shares of the construction company’s stock valued at $6,468,000 after buying an additional 69,047 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

WLDN has been the topic of several recent research reports. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th. Wedbush upgraded 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.