Graham Capital Management L.P. Makes New Investment in Willdan Group, Inc. (NASDAQ:WLDN)

Graham Capital Management L.P. acquired a new position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,602 shares of the construction company's stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WLDN. JPMorgan Chase & Co. boosted its holdings 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 worth $3,136,000 after buying an additional 34,699 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Willdan Group by 83.9% in 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 boosted its holdings in shares of Willdan Group by 27.7% in 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. Inspire Investing LLC boosted its holdings in shares of Willdan Group by 2.4% in 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. Finally, Ausbil Investment Management Ltd raised its stake in Willdan Group by 341.2% during the 4th quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock worth $1,463,000 after acquiring an additional 29,318 shares during the period. Hedge funds and other institutional investors own 72.29% of the company's stock.

Insider Activity

In related news, CEO Michael A. Bieber sold 25,000 shares of the business's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $48.11, for a total value of $1,202,750.00. Following the sale, the chief executive officer now owns 200,981 shares in the company, valued at approximately $9,669,195.91. The trade was a 11.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Micah Chen sold 10,000 shares of the business's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $48.20, for a total transaction of $482,000.00. Following the completion of the sale, the vice president now owns 38,502 shares in the company, valued at $1,855,796.40. This represents a 20.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 67,273 shares of company stock worth $3,249,652 over the last quarter. Insiders own 9.80% of the company's stock.

Analyst Ratings Changes

WLDN has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th. Wedbush upgraded shares of Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th.

Willdan Group Stock Performance

NASDAQ WLDN traded up $0.08 on Friday, reaching $51.45. 184,506 shares of the stock were exchanged, compared to its average volume of 135,971. Willdan Group, Inc. has a one year low of $27.19 and a one year high of $52.04. The firm has a market capitalization of $745.87 million, a PE ratio of 31.56 and a beta of 1.09. The company's 50-day simple moving average is $41.50 and its two-hundred day simple moving average is $39.52. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37.

Willdan Group 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.