Willdan Group, Inc. (NASDAQ:WLDN) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 364.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,139 shares of the construction company's stock after purchasing an additional 19,727 shares during the period. BNP Paribas Financial Markets owned 0.18% of Willdan Group worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WLDN. Quantbot Technologies LP purchased a new stake in Willdan Group during the third quarter valued at approximately $26,000. nVerses Capital LLC grew its stake in shares of Willdan Group by 125.0% during the third quarter. nVerses Capital LLC now owns 900 shares of the construction company's stock valued at $37,000 after buying an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willdan Group during the third quarter valued at approximately $44,000. ProShare Advisors LLC bought a new position in shares of Willdan Group during the second quarter valued at approximately $48,000. Finally, FMR LLC grew its stake in shares of Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company's stock valued at $161,000 after buying an additional 3,048 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Willdan Group

In other Willdan Group news, CFO Creighton K. Early sold 4,349 shares of the business's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $43.13, for a total value of $187,572.37. Following the completion of the transaction, the chief financial officer now directly owns 69,146 shares in the company, valued at approximately $2,982,266.98. The trade was a 5.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Michael A. Bieber sold 1,804 shares of the business's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $45.86, for a total transaction of $82,731.44. Following the completion of the transaction, the chief executive officer now owns 173,654 shares of the company's stock, valued at $7,963,772.44. This represents a 1.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,387 shares of company stock worth $280,483 over the last three months. 9.80% of the stock is owned by corporate insiders.

Willdan Group Stock Down 0.8 %

Shares of WLDN stock traded down $0.35 on Wednesday, hitting $42.52. The stock had a trading volume of 108,114 shares, compared to its average volume of 104,740. 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 has a 50 day moving average price of $43.89 and a 200 day moving average price of $37.74. The company has a market cap of $600.38 million, a PE ratio of 26.30 and a beta of 1.36. Willdan Group, Inc. has a one year low of $17.23 and a one year high of $50.00.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. StockNews.com cut Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, October 9th. Wedbush reaffirmed an "outperform" rating and set a $51.00 target price on shares of Willdan Group in a research note on Monday, November 4th.

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.