Swedbank AB Has $15.12 Million Stake in Willdan Group, Inc. (NASDAQ:WLDN)

Swedbank AB lessened its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 15.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 369,200 shares of the construction company's stock after selling 66,400 shares during the period. Swedbank AB owned about 2.64% of Willdan Group worth $15,119,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willdan Group in the 3rd quarter worth approximately $44,000. Essex Investment Management Co. LLC boosted its stake in Willdan Group by 0.3% in the third quarter. Essex Investment Management Co. LLC now owns 155,761 shares of the construction company's stock worth $6,378,000 after purchasing an additional 538 shares in the last quarter. Inspire Investing LLC bought a new stake in shares of Willdan Group during the third quarter worth $855,000. SG Americas Securities LLC acquired a new stake in shares of Willdan Group in the third quarter valued at $310,000. Finally, Cubist Systematic Strategies LLC raised its holdings in shares of Willdan Group by 9.3% in the second quarter. Cubist Systematic Strategies LLC now owns 10,328 shares of the construction company's stock valued at $298,000 after buying an additional 877 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Willdan Group Trading Up 0.2 %

Willdan Group stock traded up $0.08 during trading hours on Friday, reaching $46.08. 168,067 shares of the company's stock traded hands, compared to its average volume of 95,234. The firm has a market capitalization of $636.69 million, a price-to-earnings ratio of 49.46 and a beta of 1.41. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.81 and a current ratio of 1.81. Willdan Group, Inc. has a fifty-two week low of $17.09 and a fifty-two week high of $46.64. The firm's 50 day moving average is $39.60 and its 200-day moving average is $33.83.

Willdan Group (NASDAQ:WLDN - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The construction company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.15. The firm had revenue of $141.00 million for the quarter, compared to analysts' expectations of $123.07 million. Willdan Group had a net margin of 3.10% and a return on equity of 12.06%. During the same period last year, the firm earned $0.19 earnings per share. On average, analysts predict that Willdan Group, Inc. will post 1.72 earnings per share for the current year.

Insider Transactions at Willdan Group

In related news, CEO Michael A. Bieber sold 10,346 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $36.61, for a total value of $378,767.06. Following the sale, the chief executive officer now directly owns 169,726 shares in the company, valued at $6,213,668.86. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CFO Creighton K. Early sold 10,000 shares of the firm's stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $36.45, for a total transaction of $364,500.00. Following the sale, the chief financial officer now owns 68,342 shares of the company's stock, valued at $2,491,065.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael A. Bieber sold 10,346 shares of the business's stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $36.61, for a total value of $378,767.06. Following the completion of the transaction, the chief executive officer now owns 169,726 shares of the company's stock, valued at $6,213,668.86. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,305 shares of company stock worth $1,105,451. 9.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WLDN has been the topic of a number of research analyst reports. Wedbush initiated coverage on shares of Willdan Group in a report on Tuesday, September 3rd. They set an "outperform" rating and a $51.00 price objective on the stock. Roth Mkm increased their price target on shares of Willdan Group from $34.00 to $47.00 and gave the company a "buy" rating in a research note on Friday, August 2nd. Finally, StockNews.com cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, October 9th.

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.