Bard Associates has significantly reduced its stake in Willdan Group (WLDN), selling approximately $7.74 million worth of shares in Q1 2026, as revealed in a recent SEC filing. The firm offloaded 73,167 shares, bringing its total holding in Willdan to less than 0.004% of its reportable U.S. equity AUM. Despite this sell-off, Willdan’s stock has surged 85% over the past year, outperforming the S&P 500 by over 55 percentage points.
This transaction appears to be a strategic profit-taking move rather than a signal of waning confidence in Willdan’s business fundamentals. The company’s recent earnings report showed robust growth, with net revenue rising 8.3% to $92.4 million and adjusted EBITDA increasing 25% to $18.1 million. Furthermore, Willdan’s acquisition of Burton Energy Group enhances its position in the commercial energy sector, aligning with the growing demand for energy efficiency and infrastructure modernization.
For market professionals, this development underscores the volatility of high-performing stocks and the importance of monitoring institutional trading patterns. Willdan’s strong fundamentals and market positioning suggest that while profit-taking is prudent, the company remains a key player in the energy consulting space.
Source: fool.com