Teton Advisors Inc. Sells 12,000 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Teton Advisors Inc. lessened its stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 37.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the construction company's stock after selling 12,000 shares during the quarter. Teton Advisors Inc. owned about 0.14% of Willdan Group worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of WLDN. Charles Schwab Investment Management Inc. lifted its stake in shares of Willdan Group by 2.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 36,533 shares of the construction company's stock valued at $1,496,000 after acquiring an additional 964 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Willdan Group during the 3rd quarter valued at $201,000. FMR LLC boosted its position in shares of Willdan Group by 343.6% in the 3rd 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 last quarter. Stifel Financial Corp grew its stake in shares of Willdan Group by 10.1% during the third quarter. Stifel Financial Corp now owns 16,033 shares of the construction company's stock worth $657,000 after purchasing an additional 1,474 shares during the period. Finally, State Street Corp increased its holdings in Willdan Group by 2.6% in the third quarter. State Street Corp now owns 240,265 shares of the construction company's stock valued at $9,839,000 after purchasing an additional 6,178 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group Stock Performance

Shares of NASDAQ:WLDN traded down $0.11 during trading on Friday, reaching $38.48. 98,487 shares of the stock were exchanged, compared to its average volume of 131,952. The firm has a market cap of $554.42 million, a PE ratio of 23.61 and a beta of 1.12. The stock has a 50-day moving average price of $37.58 and a 200-day moving average price of $39.84. 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, Inc. has a 12 month low of $26.40 and a 12 month high of $50.00.

Insider Transactions at Willdan Group

In other news, Director Mohammad Shahidehpour sold 2,273 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the completion of the sale, the director now owns 12,767 shares of the company's stock, valued at approximately $500,466.40. This represents a 15.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 9.80% of the company's stock.

Analyst Ratings Changes

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

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.