Willdan Group (NASDAQ:WLDN) Director Steven Cohen Sells 6,000 Shares

Willdan Group, Inc. (NASDAQ:WLDN) Director Steven Cohen sold 6,000 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $81.82, for a total value of $490,920.00. Following the transaction, the director directly owned 20,849 shares of the company’s stock, valued at approximately $1,705,865.18. The trade was a 22.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Willdan Group Trading Up 0.3%

Shares of Willdan Group stock opened at $83.31 on Wednesday. The business has a fifty day simple moving average of $114.57 and a 200-day simple moving average of $105.18. Willdan Group, Inc. has a fifty-two week low of $36.43 and a fifty-two week high of $137.00. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 23.94 and a beta of 1.04. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.15.

Willdan Group (NASDAQ:WLDN) last released its earnings results on Thursday, February 26th. The construction company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.78. Willdan Group had a return on equity of 23.34% and a net margin of 7.71%.The firm had revenue of $89.51 million for the quarter, compared to analyst estimates of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. On average, equities analysts forecast that Willdan Group, Inc. will post 1.82 EPS for the current fiscal year.

Institutional Trading of Willdan Group

A number of hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Willdan Group by 3.2% during the first quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock valued at $3,134,000 after purchasing an additional 2,386 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Willdan Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock valued at $307,000 after buying an additional 312 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Willdan Group by 35.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock valued at $8,731,000 after buying an additional 55,704 shares during the period. Jane Street Group LLC grew its holdings in shares of Willdan Group by 205.9% during the 1st quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock valued at $1,030,000 after acquiring an additional 17,031 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Willdan Group by 18.4% in the second quarter. Envestnet Asset Management Inc. now owns 28,419 shares of the construction company’s stock worth $1,776,000 after acquiring an additional 4,417 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on WLDN shares. Wall Street Zen upgraded shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a report on Monday, December 29th. Wedbush boosted their target price on Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Compass Point set a $125.00 price objective on shares of Willdan Group in a research note on Friday, January 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Willdan Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

About Willdan Group

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.