Barclays PLC boosted its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 245.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,301 shares of the construction company's stock after acquiring an additional 12,297 shares during the period. Barclays PLC owned approximately 0.12% of Willdan Group worth $708,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WLDN. DekaBank Deutsche Girozentrale acquired a new stake in shares of Willdan Group during the second quarter worth $707,000. Geode Capital Management LLC increased its holdings in Willdan Group by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company's stock worth $12,075,000 after purchasing an additional 1,514 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Willdan Group by 28.9% in the 3rd quarter. Los Angeles Capital Management LLC now owns 54,902 shares of the construction company's stock valued at $2,248,000 after purchasing an additional 12,304 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Willdan Group in the third quarter valued at about $2,970,000. Finally, FMR LLC lifted its holdings in shares of Willdan Group by 343.6% in the third quarter. FMR LLC now owns 3,935 shares of the construction company's stock valued at $161,000 after purchasing an additional 3,048 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.
Willdan Group Stock Up 0.6 %
Shares of NASDAQ:WLDN traded up $0.24 during midday trading on Thursday, reaching $37.99. The company had a trading volume of 76,439 shares, compared to its average volume of 107,134. Willdan Group, Inc. has a 1-year low of $17.50 and a 1-year high of $50.00. The stock has a market cap of $536.42 million, a PE ratio of 23.31 and a beta of 1.38. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The business's 50 day moving average price is $40.71 and its 200 day moving average price is $39.18.
Insider Buying and Selling
In other news, CFO Creighton K. Early sold 4,349 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $43.13, for a total value of $187,572.37. Following the completion of the sale, the chief financial officer now directly owns 69,146 shares of the company's stock, valued at $2,982,266.98. This trade represents a 5.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $41.69, for a total value of $321,013.00. Following the transaction, the director now owns 422,104 shares of the company's stock, valued at $17,597,515.76. This represents a 1.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,787 shares of company stock worth $936,061. Insiders own 9.80% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. Wedbush reissued an "outperform" rating and issued a $51.00 target price on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com downgraded shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, October 9th.
Read Our Latest Research Report on WLDN
Willdan Group Company Profile
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Free Report)
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.
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