Precision Wealth Strategies LLC purchased a new stake in Willdan Group, Inc. (NASDAQ:WLDN – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 16,212 shares of the construction company’s stock, valued at approximately $1,681,000.
A number of other institutional investors have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Willdan Group by 1.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock worth $476,000 after acquiring an additional 85 shares during the period. CWM LLC boosted its stake in Willdan Group by 5.4% in the 4th quarter. CWM LLC now owns 2,303 shares of the construction company’s stock worth $239,000 after purchasing an additional 118 shares during the period. New York State Teachers Retirement System boosted its stake in Willdan Group by 11.9% in the 3rd quarter. New York State Teachers Retirement System now owns 1,263 shares of the construction company’s stock worth $122,000 after purchasing an additional 134 shares during the period. Diversified Trust Co. lifted its position in Willdan Group by 4.7% during the 4th quarter. Diversified Trust Co. now owns 4,308 shares of the construction company’s stock worth $447,000 after buying an additional 192 shares in the last quarter. Finally, Engineers Gate Manager LP raised its holdings in shares of Willdan Group by 3.3% in the 2nd quarter. Engineers Gate Manager LP now owns 6,925 shares of the construction company’s stock valued at $433,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.
Willdan Group Stock Performance
WLDN stock traded up $1.81 during mid-day trading on Thursday, hitting $74.67. The company had a trading volume of 28,909 shares, compared to its average volume of 327,736. The stock’s fifty day moving average price is $83.78 and its two-hundred day moving average price is $99.40. Willdan Group, Inc. has a 12 month low of $39.06 and a 12 month high of $137.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market cap of $1.12 billion, a PE ratio of 21.46 and a beta of 1.12.
Analyst Ratings Changes
A number of research analysts recently commented on WLDN shares. Wall Street Zen lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 14th. Weiss Ratings lowered shares of Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Compass Point set a $125.00 target price on shares of Willdan Group in a research note on Friday, January 2nd. Finally, Wedbush initiated coverage on shares of Willdan Group in a research note on Thursday, April 9th. They issued an “outperform” rating and a $110.00 price target for the company. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $112.67.
Read Our Latest Stock Analysis on Willdan Group
Insiders Place Their Bets
In related news, Director Steven A. Cohen sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $81.82, for a total transaction of $490,920.00. Following the sale, the director owned 20,849 shares of the company’s stock, valued at approximately $1,705,865.18. This represents a 22.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 8.60% of the company’s stock.
Willdan Group Company Profile
Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.
Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.
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