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

Man Group plc lifted its position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 180.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,924 shares of the construction company's stock after purchasing an additional 20,530 shares during the period. Man Group plc owned about 0.23% of Willdan Group worth $1,216,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Nuveen Asset Management LLC lifted its position in shares of Willdan Group by 136.0% during the 4th quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company's stock worth $7,925,000 after purchasing an additional 119,888 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Willdan Group by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company's stock worth $275,000 after acquiring an additional 304 shares in the last quarter. Lazard Asset Management LLC raised its stake in Willdan Group by 54.5% during the 4th quarter. Lazard Asset Management LLC now owns 47,336 shares of the construction company's stock worth $1,803,000 after acquiring an additional 16,703 shares in the last quarter. Graham Capital Management L.P. acquired a new stake in Willdan Group during the 4th quarter worth $213,000. Finally, Deutsche Bank AG raised its stake in Willdan Group by 358.0% during the 4th quarter. Deutsche Bank AG now owns 34,935 shares of the construction company's stock worth $1,331,000 after acquiring an additional 27,308 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on WLDN shares. Wall Street Zen downgraded Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th. Wedbush raised Willdan Group to a "strong-buy" rating in a report on Monday, March 10th.

Insider Buying and Selling at Willdan Group

In other news, Director Thomas Donald Brisbin sold 5,915 shares of the stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $52.04, for a total transaction of $307,816.60. Following the completion of the transaction, the director now directly owns 422,454 shares of the company's stock, valued at approximately $21,984,506.16. This represents a 1.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Micah Chen sold 10,000 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $48.20, for a total value of $482,000.00. Following the transaction, the vice president now directly owns 38,502 shares of the company's stock, valued at approximately $1,855,796.40. This trade represents a 20.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 73,188 shares of company stock worth $3,557,468. 9.80% of the stock is owned by company insiders.

Willdan Group Stock Performance

Shares of Willdan Group stock traded up $0.26 on Wednesday, hitting $54.04. The stock had a trading volume of 139,727 shares, compared to its average volume of 133,740. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The stock has a market cap of $783.40 million, a price-to-earnings ratio of 33.23 and a beta of 1.09. Willdan Group, Inc. has a 52-week low of $27.19 and a 52-week high of $54.26. The company's 50 day moving average price is $41.89 and its 200 day moving average price is $39.65.

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.