Allspring Global Investments Holdings LLC acquired a new position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 72,522 shares of the construction company's stock, valued at approximately $2,970,000. Allspring Global Investments Holdings LLC owned about 0.52% of Willdan Group as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its holdings in shares of Willdan Group by 82.5% during the first quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company's stock valued at $176,000 after acquiring an additional 2,748 shares during the last quarter. Wulff Hansen & CO. lifted its holdings in Willdan Group by 19.3% during the 1st quarter. Wulff Hansen & CO. now owns 23,165 shares of the construction company's stock worth $672,000 after buying an additional 3,750 shares in the last quarter. Essex Investment Management Co. LLC boosted its holdings in Willdan Group by 1.6% in the first quarter. Essex Investment Management Co. LLC now owns 135,336 shares of the construction company's stock valued at $3,923,000 after purchasing an additional 2,100 shares during the period. Acadian Asset Management LLC grew its position in shares of Willdan Group by 168.3% during the first quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company's stock worth $78,000 after buying an additional 1,725 shares in the last quarter. Finally, Summit Creek Advisors LLC increased its position in shares of Willdan Group by 3.3% in the 1st quarter. Summit Creek Advisors LLC now owns 374,597 shares of the construction company's stock valued at $10,860,000 after purchasing an additional 12,056 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
WLDN has been the topic of a number of research analyst reports. Wedbush began coverage on Willdan Group in a research report on Tuesday, September 3rd. They set an "outperform" rating and a $51.00 target price on the stock. StockNews.com lowered shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, October 9th. Finally, Roth Mkm boosted their price objective on shares of Willdan Group from $34.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd.
Read Our Latest Report on Willdan Group
Willdan Group Trading Up 0.4 %
WLDN traded up $0.19 on Wednesday, reaching $47.70. 144,778 shares of the company's stock were exchanged, compared to its average volume of 97,018. Willdan Group, Inc. has a twelve month low of $17.13 and a twelve month high of $48.26. The company's 50 day moving average is $41.08 and its 200-day moving average is $34.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.81 and a current ratio of 1.81. The company has a market cap of $667.32 million, a price-to-earnings ratio of 38.63 and a beta of 1.41.
Willdan Group (NASDAQ:WLDN - Get Free Report) last issued its earnings results on Thursday, August 1st. The construction company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.15. Willdan Group had a net margin of 3.10% and a return on equity of 12.06%. The business had revenue of $141.00 million for the quarter, compared to the consensus estimate of $123.07 million. During the same quarter last year, the firm posted $0.19 EPS. Equities analysts predict that Willdan Group, Inc. will post 1.72 earnings per share for the current year.
Insider Activity
In related news, CEO Michael A. Bieber sold 10,346 shares of the firm's stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.61, for a total transaction of $378,767.06. Following the completion of the sale, the chief executive officer now directly owns 169,726 shares of the company's stock, valued at approximately $6,213,668.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Michael A. Bieber sold 9,209 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $36.36, for a total transaction of $334,839.24. Following the completion of the transaction, the chief executive officer now directly owns 169,726 shares in the company, valued at approximately $6,171,237.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael A. Bieber sold 10,346 shares of the firm's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $36.61, for a total transaction of $378,767.06. Following the sale, the chief executive officer now directly owns 169,726 shares of the company's stock, valued at $6,213,668.86. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,305 shares of company stock worth $1,105,451 over the last 90 days. Company insiders own 9.80% of the company's stock.
Willdan Group Profile
(
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.
Featured Stories
Before you consider Willdan Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Willdan Group wasn't on the list.
While Willdan Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
