Willdan Group, Inc. (NASDAQ:WLDN) Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 32.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,668 shares of the construction company's stock after purchasing an additional 48,094 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.39% of Willdan Group worth $7,453,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. EntryPoint Capital LLC acquired a new position in Willdan Group in the 4th quarter worth $441,000. Summit Creek Advisors LLC lifted its stake in shares of Willdan Group by 1.7% in the fourth quarter. Summit Creek Advisors LLC now owns 365,153 shares of the construction company's stock worth $13,909,000 after acquiring an additional 6,119 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Willdan Group by 7.2% in the fourth quarter. Vanguard Group Inc. now owns 751,985 shares of the construction company's stock valued at $28,643,000 after purchasing an additional 50,262 shares during the last quarter. Sei Investments Co. grew its stake in Willdan Group by 70.0% during the 4th quarter. Sei Investments Co. now owns 35,119 shares of the construction company's stock valued at $1,338,000 after purchasing an additional 14,458 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Willdan Group by 26.4% during the 4th quarter. American Century Companies Inc. now owns 25,784 shares of the construction company's stock worth $982,000 after purchasing an additional 5,390 shares during the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Wedbush upgraded Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th. StockNews.com lowered shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th.

Insider Buying and Selling at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the firm's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the transaction, the director now owns 12,767 shares of the company's stock, valued at $500,466.40. This trade represents a 15.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 9.80% of the stock is owned by insiders.

Willdan Group Stock Performance

Shares of NASDAQ WLDN traded up $0.21 during trading on Friday, reaching $38.52. The stock had a trading volume of 60,908 shares, compared to its average volume of 131,285. The firm's 50 day moving average price is $37.30 and its two-hundred day moving average price is $39.89. Willdan Group, Inc. has a one year low of $25.91 and a one year high of $50.00. The stock has a market cap of $555.00 million, a PE ratio of 23.63 and a beta of 1.12. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.