Willdan Group, Inc. (NASDAQ:WLDN) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC boosted its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 28.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,902 shares of the construction company's stock after purchasing an additional 12,304 shares during the period. Los Angeles Capital Management LLC owned about 0.39% of Willdan Group worth $2,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Comerica Bank raised its position in shares of Willdan Group by 4.2% in the first quarter. Comerica Bank now owns 9,864 shares of the construction company's stock worth $286,000 after acquiring an additional 395 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Willdan Group by 4.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,107 shares of the construction company's stock worth $351,000 after purchasing an additional 493 shares in the last quarter. nVerses Capital LLC grew its holdings in Willdan Group by 125.0% in the third quarter. nVerses Capital LLC now owns 900 shares of the construction company's stock valued at $37,000 after purchasing an additional 500 shares during the period. Essex Investment Management Co. LLC increased its position in shares of 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 valued at $6,378,000 after buying an additional 538 shares in the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Willdan Group by 9.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 10,328 shares of the construction company's stock worth $298,000 after buying an additional 877 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

Willdan Group Price Performance

WLDN stock traded down $1.39 during midday trading on Thursday, reaching $42.44. The stock had a trading volume of 202,739 shares, compared to its average volume of 104,228. Willdan Group, Inc. has a 52-week low of $17.23 and a 52-week high of $50.00. The company has a market cap of $599.25 million, a price-to-earnings ratio of 26.04 and a beta of 1.39. The company's fifty day simple moving average is $42.55 and its 200 day simple moving average is $36.20. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37.

Insider Activity at Willdan Group

In other news, CEO Michael A. Bieber sold 1,804 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total transaction of $82,731.44. Following the transaction, the chief executive officer now owns 173,654 shares of the company's stock, valued at approximately $7,963,772.44. The trade was a 1.03 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 9.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WLDN has been the subject of a number of research analyst reports. Roth Mkm upped 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. Wedbush restated an "outperform" rating and set a $51.00 price target on shares of Willdan Group in a research report on Monday, November 4th. Finally, StockNews.com cut Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, October 9th.

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.