Cubist Systematic Strategies LLC Has $3.29 Million Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Cubist Systematic Strategies LLC grew its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 40.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,371 shares of the construction company's stock after purchasing an additional 25,061 shares during the period. Cubist Systematic Strategies LLC owned approximately 0.61% of Willdan Group worth $3,290,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Barclays PLC increased its position in shares of Willdan Group by 245.7% in 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. JPMorgan Chase & Co. increased its position in shares of Willdan Group by 82.8% in the third quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company's stock valued at $3,136,000 after acquiring an additional 34,699 shares during the last quarter. SG Americas Securities LLC increased its position in Willdan Group by 83.9% during the fourth quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock worth $530,000 after buying an additional 6,353 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Willdan Group by 27.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company's stock worth $711,000 after buying an additional 4,049 shares during the last quarter. Finally, Inspire Investing LLC increased its position in Willdan Group by 2.4% during the fourth quarter. Inspire Investing LLC now owns 21,390 shares of the construction company's stock worth $815,000 after buying an additional 501 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Willdan Group Price Performance

Shares of WLDN stock traded up $0.62 during trading on Friday, hitting $47.90. The company had a trading volume of 57,780 shares, compared to its average volume of 131,844. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a market capitalization of $694.33 million, a P/E ratio of 29.38 and a beta of 1.09. The stock's 50-day moving average price is $40.30 and its 200 day moving average price is $39.35. Willdan Group, Inc. has a one year low of $27.19 and a one year high of $50.00.

Insider Activity at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was 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 $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 Securities & Exchange Commission, which is available at the SEC website. 9.80% of the stock is currently owned by corporate insiders.

About Willdan Group

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.