Willdan Group, Inc. (NASDAQ:WLDN) Shares Bought by Man Group plc

Man Group plc boosted its position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 180.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,924 shares of the construction company's stock after purchasing an additional 20,530 shares during the quarter. Man Group plc owned approximately 0.23% of Willdan Group worth $1,216,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in Willdan Group during the fourth quarter worth $40,000. Tower Research Capital LLC TRC boosted 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 purchasing an additional 1,387 shares in the last quarter. Legal & General Group Plc boosted 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 purchasing an additional 542 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in Willdan Group during the fourth quarter worth $125,000. Finally, Quantbot Technologies LP boosted 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 purchasing an additional 3,903 shares in the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Willdan Group Price Performance

Shares of NASDAQ:WLDN traded up $2.33 on Tuesday, hitting $53.78. The company had a trading volume of 268,066 shares, compared to its average volume of 136,499. 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, Inc. has a 52-week low of $27.19 and a 52-week high of $53.79. The business has a 50 day moving average of $41.67 and a 200 day moving average of $39.55. The company has a market cap of $779.65 million, a PE ratio of 32.99 and a beta of 1.09.

Insider Buying and Selling

In other Willdan Group news, VP Micah Chen sold 10,000 shares of the company's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $50.50, for a total transaction of $505,000.00. Following the completion of the sale, the vice president now directly owns 38,502 shares in the company, valued at $1,944,351. This represents a 20.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Michael A. Bieber sold 25,000 shares of the company's stock in a transaction dated Friday, May 16th. The stock was 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 of the company's stock, valued at $9,669,195.91. This represents a 11.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 67,273 shares of company stock worth $3,249,652. 9.80% of the stock is owned by company insiders.

About Willdan Group

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.