Key Points
- CEO Michael Bieber sold 9,991 shares of Willdan Group stock on May 13 at an average price of $92.65, totaling about $925,666. After the sale, he still held 249,525 shares.
- Willdan Group reported stronger-than-expected quarterly results, posting EPS of $0.91 versus the $0.81 consensus estimate and revenue of $92.43 million, slightly above expectations.
- Analyst sentiment remains mixed but constructive, with a consensus rating of “Moderate Buy” and an average target price of $112.67, even after a few recent downgrades.
Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) CEO Michael Bieber sold 9,991 shares of Willdan Group stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $92.65, for a total value of $925,666.15. Following the sale, the chief executive officer owned 249,525 shares in the company, valued at $23,118,491.25. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Willdan Group Trading Up 0.7%
NASDAQ WLDN opened at $91.66 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.68 and a debt-to-equity ratio of 0.15. Willdan Group, Inc. has a twelve month low of $45.24 and a twelve month high of $137.00. The firm has a market capitalization of $1.38 billion, a PE ratio of 24.71 and a beta of 1.07. The stock's 50 day moving average is $79.81 and its 200 day moving average is $98.65.
Willdan Group (NASDAQ:WLDN - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.10. Willdan Group had a return on equity of 23.36% and a net margin of 8.24%.The company had revenue of $92.43 million for the quarter, compared to analyst estimates of $92.17 million. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. Research analysts forecast that Willdan Group, Inc. will post 3.88 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Independent Advisor Alliance purchased a new position in shares of Willdan Group in the third quarter worth $2,658,000. Vanguard Group Inc. raised its stake in shares of Willdan Group by 27.1% in the third quarter. Vanguard Group Inc. now owns 1,075,270 shares of the construction company's stock worth $103,968,000 after purchasing an additional 229,357 shares during the last quarter. David J Yvars Group purchased a new position in shares of Willdan Group in the third quarter worth $862,000. EFG Asset Management North America Corp. purchased a new position in shares of Willdan Group in the third quarter worth $2,396,000. Finally, SG Americas Securities LLC raised its stake in shares of Willdan Group by 601.5% in the fourth quarter. SG Americas Securities LLC now owns 60,357 shares of the construction company's stock worth $6,257,000 after purchasing an additional 51,753 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company's stock.
Analyst Ratings Changes
Several research firms have commented on WLDN. Wall Street Zen downgraded Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 14th. Weiss Ratings downgraded Willdan Group from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, April 24th. Finally, Wedbush began coverage on Willdan Group in a report on Thursday, April 9th. They issued an "outperform" rating and a $110.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.67.
Get Our Latest Stock Analysis on WLDN
Willdan Group Company Profile
(
Get Free Report)
Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan's offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.
Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
