16,526 Shares in Willdan Group, Inc. (NASDAQ:WLDN) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 16,526 shares of the construction company's stock, valued at approximately $629,000. Dynamic Technology Lab Private Ltd owned approximately 0.12% of Willdan Group at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Lord Abbett & CO. LLC acquired a new position in Willdan Group during the third quarter worth $15,608,000. Wells Fargo & Company MN lifted its holdings in Willdan Group by 2,934.0% in the 4th quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company's stock worth $6,678,000 after purchasing an additional 169,555 shares during the last quarter. Alliancebernstein L.P. bought a new stake in Willdan Group during the fourth quarter worth approximately $2,389,000. Vanguard Group Inc. raised its position in shares of Willdan Group by 7.2% in the fourth quarter. Vanguard Group Inc. now owns 751,985 shares of the construction company's stock valued at $28,643,000 after purchasing an additional 50,262 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Willdan Group by 32.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 195,668 shares of the construction company's stock valued at $7,453,000 after purchasing an additional 48,094 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Willdan Group

In related 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 value of $89,101.60. Following the completion of the sale, the director now owns 12,767 shares in the company, valued at approximately $500,466.40. This trade represents a 15.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.80% of the stock is currently owned by corporate insiders.

Willdan Group Stock Performance

NASDAQ WLDN traded up $0.21 during trading on Friday, hitting $38.52. The company's stock had a trading volume of 60,908 shares, compared to its average volume of 131,650. Willdan Group, Inc. has a 52 week low of $25.91 and a 52 week high of $50.00. The firm has a market cap of $555.00 million, a P/E ratio of 23.63 and a beta of 1.12. The firm has a 50 day moving average price of $37.30 and a 200 day moving average price of $39.88. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Wedbush upgraded shares of Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th. StockNews.com cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th.

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.