16,000 Shares in Willdan Group, Inc. $WLDN Acquired by Militia Capital Partners LP

Key Points

• Militia Capital Partners LP has acquired 16,000 shares in Willdan Group, Inc. during the 1st quarter, increasing their ownership to 0.11% of the company, valued at approximately $652,000.
• Various institutional investors, including Vanguard Group and Goldman Sachs, have significantly increased their stakes in Willdan Group, with 72.29% of the stock now owned by institutional investors.
• Analysts have upgraded Willdan Group's stock rating, with price targets set between $103.00 and $120.00, reflecting a consensus rating of "Buy" and a target price of $111.50.

Militia Capital Partners LP acquired a new position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,000 shares of the construction company's stock, valued at approximately $652,000. Militia Capital Partners LP owned 0.11% of Willdan Group at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Willdan Group by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 774,212 shares of the construction company's stock worth $31,526,000 after buying an additional 22,227 shares during the period. Nuveen LLC bought a new position in Willdan Group in the 1st quarter worth approximately $10,313,000. Goldman Sachs Group Inc. lifted its stake in Willdan Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company's stock worth $8,731,000 after purchasing an additional 55,704 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in Willdan Group by 136.0% in the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company's stock worth $7,925,000 after purchasing an additional 119,888 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in Willdan Group by 77.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 158,401 shares of the construction company's stock worth $6,468,000 after purchasing an additional 69,047 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on WLDN shares. Zacks Research upgraded shares of Willdan Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st. Wedbush increased their target price on shares of Willdan Group from $85.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Finally, Roth Capital reiterated a "buy" rating and issued a $103.00 target price (up from $62.00) on shares of Willdan Group in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $111.50.

Insider Activity

In other news, Director Wanda Kay Reder sold 850 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $119.46, for a total transaction of $101,541.00. Following the sale, the director owned 10,676 shares in the company, valued at approximately $1,275,354.96. This trade represents a 7.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven A. Cohen sold 2,500 shares of Willdan Group stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $116.34, for a total transaction of $290,850.00. Following the completion of the transaction, the director owned 26,849 shares in the company, valued at approximately $3,123,612.66. The trade was a 8.52% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 399,141 shares of company stock worth $43,089,466. Corporate insiders own 8.60% of the company's stock.

Willdan Group Stock Performance

Willdan Group stock opened at $105.89 on Friday. The firm's fifty day moving average price is $94.73 and its 200-day moving average price is $62.65. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market cap of $1.55 billion, a P/E ratio of 44.31 and a beta of 1.31. Willdan Group, Inc. has a fifty-two week low of $30.43 and a fifty-two week high of $121.00.

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.

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