Willdan group director sells $307,816 in stock

Published 27/05/2025, 22:44
Willdan group director sells $307,816 in stock

ANAHEIM, Calif.—Thomas Donald Brisbin, a director at Willdan Group , Inc. (NASDAQ:WLDN), recently executed a series of stock transactions, according to a recent SEC filing. On May 22, Brisbin sold 5,915 shares of Willdan Group common stock at a price of $52.04 per share, totaling approximately $307,816. The transaction comes as Willdan’s stock trades near its 52-week high of $53.84, having delivered impressive returns of 41% year-to-date and 69% over the past year. InvestingPro analysis indicates the stock is currently in overbought territory.

In a related move, Brisbin also exercised stock options to acquire 5,915 shares at an exercise price of $13.91 per share. The total value of the shares acquired through this exercise was approximately $82,277. Following these transactions, Brisbin’s direct ownership in Willdan Group stands at 422,454 shares in this $777 million market cap company. For deeper insights into insider trading patterns and 13 additional ProTips, check out the comprehensive research available on InvestingPro.

In other recent news, Willdan Group Inc. reported strong first-quarter 2025 financial results, surpassing both earnings and revenue expectations. The company achieved an adjusted earnings per share of $0.63, significantly higher than the anticipated $0.44, and reported revenue of $152.39 million, more than double the forecasted $73.1 million. This robust performance was attributed to strategic acquisitions and an expansion of services, which fueled a 24% year-over-year revenue increase. Additionally, Willdan Group has raised its financial targets for 2025, projecting net revenue between $325 million and $335 million and adjusted diluted EPS of $2.75 to $2.90. The company also expanded its credit facility from $150 million to $200 million, aimed at supporting future growth. Analysts from ROTH Capital Partners (WA:CPAP) noted the company’s strong quarterly performance and highlighted the potential risks related to tariffs, which the company is actively monitoring. Willdan’s management has expressed confidence in the company’s growth trajectory, citing a healthy demand across customer groups and minimal exposure to direct federal contracts.

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