Sei Investments Co. Increases Stock Position in Willdan Group, Inc. (NASDAQ:WLDN)

Sei Investments Co. grew its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 70.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,119 shares of the construction company's stock after buying an additional 14,458 shares during the quarter. Sei Investments Co. owned approximately 0.25% of Willdan Group worth $1,338,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of WLDN. Quantbot Technologies LP acquired a new position in Willdan Group during the third quarter worth $26,000. Farther Finance Advisors LLC acquired a new position in Willdan Group in the 4th quarter valued at $40,000. FMR LLC lifted its position in Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company's stock worth $161,000 after purchasing an additional 3,048 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of Willdan Group during the 3rd quarter worth approximately $201,000. Finally, Moran Wealth Management LLC acquired a new stake in shares of Willdan Group in the 4th quarter valued at $201,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WLDN has been the subject of several recent research reports. Wedbush raised Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th. StockNews.com downgraded shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 19th.

Insider Transactions at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the firm's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 9.80% of the company's stock.

Willdan Group Stock Performance

Shares of NASDAQ WLDN traded up $0.21 during midday trading on Friday, hitting $38.52. The company's stock had a trading volume of 60,908 shares, compared to its average volume of 131,285. The firm has a market capitalization of $555.00 million, a price-to-earnings ratio of 23.63 and a beta of 1.12. The stock has a fifty day moving average price of $37.30 and a 200 day moving average price of $39.89. Willdan Group, Inc. has a one year low of $25.91 and a one year high of $50.00. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37.

Willdan Group 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.