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

Jane Street Group LLC trimmed its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 58.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,271 shares of the construction company's stock after selling 11,602 shares during the quarter. Jane Street Group LLC owned 0.06% of Willdan Group worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new position in shares of Willdan Group in the fourth quarter worth $40,000. Tower Research Capital LLC TRC increased its position in Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company's stock valued at $64,000 after purchasing an additional 1,387 shares during the period. Legal & General Group Plc increased its position in Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company's stock valued at $99,000 after purchasing an additional 542 shares during the period. Meeder Asset Management Inc. purchased a new position in Willdan Group during the 4th quarter valued at $125,000. Finally, Quantbot Technologies LP increased its position in Willdan Group by 626.5% during the 4th quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company's stock valued at $172,000 after purchasing an additional 3,903 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on WLDN. 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.

Insider Buying and Selling

In related news, CFO Creighton K. Early sold 5,000 shares of the company's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $53.28, for a total value of $266,400.00. Following the transaction, the chief financial officer now owns 72,071 shares in the company, valued at $3,839,942.88. The trade was a 6.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mohammad Shahidehpour sold 2,273 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total transaction of $89,101.60. Following the completion of the transaction, the director now owns 12,767 shares in the company, valued at approximately $500,466.40. The trade was a 15.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,273 shares of company stock worth $5,083,176 in the last quarter. Corporate insiders own 8.60% of the company's stock.

Willdan Group Stock Up 2.4%

Shares of NASDAQ:WLDN traded up $1.31 during midday trading on Friday, reaching $56.99. The company's stock had a trading volume of 111,584 shares, compared to its average volume of 140,404. The firm has a 50 day moving average of $44.07 and a 200-day moving average of $40.32. The firm has a market capitalization of $826.18 million, a P/E ratio of 34.96 and a beta of 1.23. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a 12-month low of $27.19 and a 12-month high of $57.29.

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.