Willdan Group, Inc. (NASDAQ:WLDN) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 71.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,146 shares of the construction company's stock after selling 17,993 shares during the period. BNP Paribas Financial Markets owned 0.05% of Willdan Group worth $272,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in WLDN. SG Americas Securities LLC increased its position in Willdan Group by 83.9% during the 4th quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock valued at $530,000 after purchasing an additional 6,353 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Willdan Group by 27.7% in the 4th 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. Ausbil Investment Management Ltd grew its position in shares of Willdan Group by 341.2% in the 4th quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock worth $1,463,000 after buying an additional 29,318 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Willdan Group by 23.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company's stock worth $3,397,000 after buying an additional 16,832 shares during the last quarter. Finally, Rhumbline Advisers grew its position in shares of Willdan Group by 2.9% in the 4th quarter. Rhumbline Advisers now owns 20,159 shares of the construction company's stock worth $768,000 after buying an additional 562 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company's stock.

Wall Street Analyst Weigh In

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

Willdan Group Stock Performance

NASDAQ:WLDN traded up $0.11 during trading hours on Friday, hitting $53.81. 207,495 shares of the company were exchanged, compared to its average volume of 138,659. The stock has a market capitalization of $780.08 million, a price-to-earnings ratio of 33.01 and a beta of 1.09. Willdan Group, Inc. has a 52-week low of $27.19 and a 52-week high of $54.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The company's 50 day moving average price is $42.59 and its 200-day moving average price is $39.81.

Insiders Place Their Bets

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 completion of the transaction, the chief executive officer now directly owns 200,981 shares in the company, valued at $9,669,195.91. The trade was a 11.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Thomas Donald Brisbin sold 22,459 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $52.34, for a total transaction of $1,175,504.06. Following the sale, the director now owns 422,454 shares in the company, valued at approximately $22,111,242.36. This represents a 5.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 102,273 shares of company stock valued at $5,083,176. Insiders own 8.60% of the company's stock.

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.