Willdan group director Mohammad Shahidehpour sells $89,101 in stock

Published 13/03/2025, 22:40
Willdan group director Mohammad Shahidehpour sells $89,101 in stock

Mohammad Shahidehpour, a director at Willdan Group , Inc. (NASDAQ:WLDN), recently sold a portion of his shares in the company. According to InvestingPro data, the company has shown remarkable strength with a 23.7% return in the past week, while maintaining healthy financials with a current ratio of 1.71. According to a filing with the Securities and Exchange Commission, Shahidehpour sold 2,273 shares of Willdan’s common stock on March 12, 2025, at a price of $39.20 per share. The transaction amounted to a total value of $89,101. InvestingPro analysis suggests the stock is currently undervalued, with 7 additional key insights available to subscribers.

Following this sale, Shahidehpour retains ownership of 12,767 shares, which includes 4,041 shares of restricted stock that are scheduled to vest in installments in 2025 and 2026. This transaction is a part of routine filings that provide transparency into the trading activities of company insiders. The company has demonstrated solid performance with 10.9% revenue growth over the last twelve months, and detailed analysis is available in the comprehensive Pro Research Report on InvestingPro.

In other recent news, Willdan Group Inc. reported an impressive fourth quarter for 2024, surpassing both earnings and revenue expectations. The company achieved an earnings per share of $0.75, which exceeded the forecasted $0.52, while revenue reached $144.1 million, outperforming the expected $118.5 million. This strong financial performance highlights a significant demand for Willdan’s energy efficiency and infrastructure solutions. Additionally, the company reported record full-year results, with contract revenue increasing by 11% to $566 million and adjusted EPS rising by 39% to $2.43.

Willdan Group also announced a strategic acquisition of Alternative Power Generation (HM:PGV), expanding its technical capabilities in utility-scale electrical engineering. The acquisition is expected to strengthen Willdan’s offerings in the commercial data center market. Furthermore, the company secured a $330 million contract with the Los Angeles Department of Water and Power, expected to ramp up in the second half of 2025. Analyst firms have noted the company’s strong performance, with Roth Capital Partners (WA:CPAP) expressing positive sentiments.

Looking ahead, Willdan Group has provided guidance for 2025, projecting net revenue between $320 million and $330 million and adjusted EPS between $2.70 and $2.85. The company’s strategic initiatives include expanding AI capabilities and pursuing further acquisitions, indicating a focus on long-term growth. Despite potential risks such as supply chain disruptions and increased competition, Willdan’s recent developments and financial outlook remain robust.

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