Creighton K. Early, Executive Vice President and Chief Financial Officer of Willdan Group , Inc. (NASDAQ:WLDN), a $604 million market cap company that has seen its stock surge over 100% in the past year, recently executed several stock transactions involving the company's common stock. According to InvestingPro data, the company maintains a "GREAT" financial health score. According to a filing with the Securities and Exchange Commission, Early sold a total of 4,583 shares over two days, December 6 and December 9, 2024. The shares were sold at prices ranging from $43.13 to $43.50, amounting to a total value of $197,751.
In addition to the sales, Early exercised stock options to acquire 4,583 shares at a price of $9.08 per share. Following these transactions, Early holds 69,146 shares of Willdan Group's common stock. These transactions are part of routine financial activities disclosed by company executives.
In other recent news, Willdan Group has reported record third-quarter financials, with a 19% year-over-year increase in contract revenue to $158 million. The company's adjusted EBITDA grew by 50% to $15.2 million and adjusted earnings per share nearly doubled to $0.73. Following these positive results, Willdan Group has revised its full-year financial targets, projecting net revenue between $285 million and $295 million, and adjusted EBITDA of $52 million to $54 million.
In another significant development, Willdan Group has secured a $4.5 million contract with the City of Bellflower to manage building division operations and provide fire plan inspection review services over the next three years. The company has also restructured its executive compensation agreements covering its President and CEO Michael Bieber, Executive Vice President and CFO Creighton K. Early, and Executive Vice President and General Counsel, Micah Chen.
Among other recent developments, Willdan Group has expanded its workforce to over 1,700 employees and has won contracts with the Clark County School District and the New York Power Authority. These developments are part of the company's growth strategy, which includes a focus on energy efficiency and decarbonization.
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