Allspring Global Investments Holdings LLC Buys 16,832 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Allspring Global Investments Holdings LLC boosted its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 23.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,354 shares of the construction company's stock after buying an additional 16,832 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.63% of Willdan Group worth $3,397,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Quantbot Technologies LP bought a new stake in shares of Willdan Group in the 3rd quarter valued at $26,000. FMR LLC grew its holdings in Willdan Group by 343.6% in 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 bought a new stake in Willdan Group in the third quarter valued at $201,000. Intech Investment Management LLC bought a new stake in Willdan Group in the third quarter valued at $208,000. Finally, Mount Yale Investment Advisors LLC acquired a new position in shares of Willdan Group during the third quarter valued at about $284,000. Institutional investors own 72.29% of the company's stock.

Willdan Group Stock Down 1.5 %

WLDN traded down $0.49 during trading on Friday, hitting $32.21. 126,724 shares of the company's stock were exchanged, compared to its average volume of 112,992. Willdan Group, Inc. has a fifty-two week low of $19.70 and a fifty-two week high of $50.00. The stock has a market cap of $454.81 million, a P/E ratio of 19.76 and a beta of 1.37. The business's 50 day moving average is $37.00 and its two-hundred day moving average is $39.79. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed an "outperform" rating and set a $51.00 price target on shares of Willdan Group in a research note on Monday, November 4th.

Insider Buying and Selling

In related news, Director Thomas Donald Brisbin sold 7,700 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $43.45, for a total value of $334,565.00. Following the completion of the sale, the director now directly owns 406,704 shares of the company's stock, valued at approximately $17,671,288.80. This represents a 1.86 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Creighton K. Early sold 4,349 shares of Willdan Group stock in a transaction on Monday, December 9th. The stock was sold at an average price of $43.13, for a total transaction of $187,572.37. Following the transaction, the chief financial officer now directly owns 69,146 shares in the company, valued at $2,982,266.98. This represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,283 shares of company stock worth $532,316 in the last quarter. Insiders own 9.80% of the company's stock.

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.