Jane Street Group LLC Sells 11,602 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Jane Street Group LLC decreased its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 58.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,271 shares of the construction company's stock after selling 11,602 shares during the quarter. Jane Street Group LLC owned approximately 0.06% of Willdan Group worth $315,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in Willdan Group during the fourth quarter worth $40,000. Tower Research Capital LLC TRC raised its position in Willdan Group by 470.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company's stock worth $64,000 after acquiring an additional 1,387 shares in the last quarter. Legal & General Group Plc raised its position in Willdan Group by 26.4% during the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company's stock worth $99,000 after acquiring an additional 542 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Willdan Group during the fourth quarter worth $125,000. Finally, Quantbot Technologies LP raised its position in Willdan Group by 626.5% during the fourth quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company's stock worth $172,000 after acquiring an additional 3,903 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Willdan Group Stock Performance

Shares of WLDN traded up $1.01 during trading hours on Wednesday, hitting $56.83. The company had a trading volume of 184,178 shares, compared to its average volume of 139,590. The firm has a market cap of $823.86 million, a price-to-earnings ratio of 34.87 and a beta of 1.09. The business has a fifty day moving average of $43.13 and a 200-day moving average of $40.01. Willdan Group, Inc. has a 12 month low of $27.19 and a 12 month high of $57.20. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Insider Activity

In other news, CEO Michael A. Bieber sold 25,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 200,981 shares of the company's stock, valued at $9,669,195.91. This represents a 11.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas Donald Brisbin sold 1,626 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $51.54, for a total transaction of $83,804.04. Following the completion of the transaction, the director now directly owns 422,454 shares in the company, valued at $21,773,279.16. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,273 shares of company stock valued at $5,083,176 over the last ninety days. 8.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on WLDN. Wall Street Zen lowered shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 19th. Wedbush raised shares of Willdan Group to a "strong-buy" rating in a research report on Monday, March 10th.

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.