November 29, 2016 - By Louis Casey
The President of National Programs of Willdan Group Inc, Marc Tipermas, has just unloaded – 1,000 shares of the corporation he’s leading – coming to an aggregate sell of $24,810 U.S Dollars (this based on average share price of $24.8). In the last month, he also unloaded 20,998 shares valued at $398,879 USD. Marc Tipermas right now has 37,333 shares which make up exactly 0.42% of the California-based company’s market cap.
Out of 2 analysts covering Willdan Group (NASDAQ:WLDN), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $23 is the highest target while $13 is the lowest. The $18 average target is -27.18% below today’s ($24.72) stock price. Willdan Group has been the topic of 6 analyst reports since September 1, 2015 according to StockzIntelligence Inc. Wedbush maintained it with “Outperform” rating and $23 target price in Wednesday, November 23 report. Seaport Global Securities initiated Willdan Group, Inc. (NASDAQ:WLDN) on Friday, January 15 with “Speculative Buy” rating. The firm has “Hold” rating by TheStreet given on Tuesday, September 1. On Monday, January 18 the stock rating was initiated by Seaport Global Securities with “Speculative Buy”. Wedbush maintained it with “Outperform” rating and $20 target price in Monday, November 7 report.
Insitutional Activity: The institutional sentiment increased to 2.4 in 2016 Q2. Its up 1.40, from 1 in 2016Q1. The ratio is positive, as 1 funds sold all Willdan Group, Inc. shares owned while 12 reduced positions. 2 funds bought stakes while 11 increased positions. They now own 2.64 million shares or 2.88% more from 2.56 million shares in 2016Q1.
Geode Cap Ltd Liability owns 34,711 shares or 0% of their US portfolio. Fincl Bank Of America De accumulated 0% or 30,925 shares. Tocqueville Asset Mngmt Limited Partnership holds 206,394 shares or 0.03% of its portfolio. Royal State Bank Of Canada has invested 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN). Federated Pa reported 360 shares or 0% of all its holdings. Essex Investment Mgmt Limited Liability Corp has 0.09% invested in the company for 49,539 shares. Vanguard Group Inc has invested 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN). James Rech reported 6,146 shares or 0% of all its holdings. The Pennsylvania-based Pnc Svcs Group Incorporated has invested 0% in Willdan Group, Inc. (NASDAQ:WLDN). Spark Invest Lc reported 27,500 shares or 0.03% of all its holdings. Tower Cap Limited Liability Corp (Trc), a New York-based fund reported 679 shares. Oxford Asset holds 0.01% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN) for 14,769 shares. Moreover, Morgan Stanley has 0% invested in Willdan Group, Inc. (NASDAQ:WLDN) for 30,617 shares. Cadence Capital Mngmt Limited Liability holds 71,449 shares or 0.06% of its portfolio. The Massachusetts-based Acadian Asset Management Ltd Limited Liability Company has invested 0% in Willdan Group, Inc. (NASDAQ:WLDN).
Insider Transactions: Since May 31, 2016, the stock had 3 insider purchases, and 3 selling transactions for $361,177 net activity. On Wednesday, August 17 McEachern Douglas James bought $16,778 worth of the stock or 1,122 shares. Another trade for 1,962 shares valued at $38,280 was made by Tipermas Marc on Friday, November 11.
The stock increased 6.00% or $1.4 on November 28, hitting $24.72. About 220,171 shares traded hands or 143.77% up from the average. Willdan Group, Inc. (NASDAQ:WLDN) has risen 119.17% since April 25, 2016 and is uptrending. It has outperformed by 113.16% the S&P500.
Willdan Group, Inc. is a holding company. The company has a market cap of $204.84 million. The Firm 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 has a 29.66 P/E ratio. It operates through four divisions: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
According to Zacks Investment Research, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC.”
Analysts await Willdan Group, Inc. (NASDAQ:WLDN) to report earnings on March, 9. They expect $0.16 EPS, up 220.00% or $0.11 from last year’s $0.05 per share. WLDN’s profit will be $1.33 million for 38.63 P/E if the $0.16 EPS becomes a reality. After $0.28 actual EPS reported by Willdan Group, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.
More news for Willdan Group, Inc. (NASDAQ:WLDN) were recently published by: Streetinsider.com, which released: “Form 4 Willdan Group, Inc. For: Nov 28 Filed by: Tipermas Marc” on November 29, 2016. Nasdaq.com‘s article titled: “Zacks.com featured highlights: II-VI, Willdan Group, Stamps.com, State ..” and published on November 28, 2016 is yet another important article.
Willdan Group, Inc., incorporated on February 13, 2006, is a holding company. The Firm provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. The Firm enables its clients to provide a range of specialized services without having to incur and maintain the overhead necessary to develop staffing in-house. The Firm operates through four divisions: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services. The Firm assists its clients with a range of complementary services relating to energy efficiency and sustainability, engineering and planning, economic and financial consulting, and national preparedness and interoperability. The Firm serves public and governmental agencies, including cities, counties, public utilities, redevelopment agencies, water districts, school districts and universities, state agencies, federal agencies, a range of other special districts and agencies, private utilities and industry and tribal governments.
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By Louis Casey