Charles Schwab Investment Management Inc. Increases Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Charles Schwab Investment Management Inc. lifted its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 18.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 43,287 shares of the construction company's stock after acquiring an additional 6,754 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.31% of Willdan Group worth $1,649,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WLDN. Lord Abbett & CO. LLC bought a new stake in Willdan Group during the third quarter worth about $15,608,000. JPMorgan Chase & Co. raised its holdings in shares of Willdan Group by 82.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company's stock valued at $3,136,000 after buying an additional 34,699 shares in the last quarter. Franklin Resources Inc. bought a new stake in Willdan Group in the 3rd quarter worth approximately $351,000. Geode Capital Management LLC boosted its stake in Willdan Group by 0.5% in the third quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company's stock worth $12,075,000 after buying an additional 1,514 shares in the last quarter. Finally, Barclays PLC grew its position in Willdan Group by 245.7% during the third quarter. Barclays PLC now owns 17,301 shares of the construction company's stock valued at $708,000 after acquiring an additional 12,297 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WLDN. StockNews.com lowered shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th. Wedbush upgraded shares of Willdan Group to a "strong-buy" rating in a research report on Monday, March 10th.

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Willdan Group Trading Down 0.1 %

Willdan Group stock traded down $0.06 during trading hours on Wednesday, reaching $40.77. The company had a trading volume of 101,786 shares, compared to its average volume of 128,764. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. Willdan Group, Inc. has a 12-month low of $25.91 and a 12-month high of $50.00. The company has a 50-day moving average price of $36.96 and a 200 day moving average price of $39.97. The firm has a market cap of $587.41 million, a price-to-earnings ratio of 25.01 and a beta of 1.41.

Insider Transactions at Willdan Group

In other news, Director Mohammad Shahidehpour sold 2,273 shares of the stock in a transaction dated 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 directly owns 12,767 shares in the company, valued at approximately $500,466.40. This represents a 15.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 9.80% of the company's stock.

Willdan Group Company 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.