Willdan Group, Inc. (NASDAQ:WLDN) Shares Sold by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP trimmed its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 50.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,941 shares of the construction company's stock after selling 6,107 shares during the quarter. Occudo Quantitative Strategies LP's holdings in Willdan Group were worth $226,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in WLDN. Wells Fargo & Company MN boosted its holdings in shares of Willdan Group by 2,934.0% in the 4th quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company's stock valued at $6,678,000 after acquiring an additional 169,555 shares during the last quarter. Alliancebernstein L.P. purchased a new stake in shares of Willdan Group in the 4th quarter valued at $2,389,000. Lord Abbett & CO. LLC boosted its holdings in shares of Willdan Group by 13.4% in the 4th quarter. Lord Abbett & CO. LLC now owns 432,135 shares of the construction company's stock valued at $16,460,000 after acquiring an additional 51,003 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Willdan Group by 7.2% in the 4th quarter. Vanguard Group Inc. now owns 751,985 shares of the construction company's stock valued at $28,643,000 after acquiring an additional 50,262 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Willdan Group by 13.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 419,319 shares of the construction company's stock valued at $15,972,000 after acquiring an additional 49,217 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Willdan Group Stock Performance

Willdan Group stock traded up $0.08 during midday trading on Friday, hitting $51.45. 184,506 shares of the company were exchanged, compared to its average volume of 135,618. The firm has a market capitalization of $745.87 million, a PE ratio of 31.56 and a beta of 1.09. Willdan Group, Inc. has a fifty-two week low of $27.19 and a fifty-two week high of $52.04. The business has a fifty day simple moving average of $41.50 and a two-hundred day simple moving average of $39.55. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77.

Insider Buying and Selling

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, the director now directly owns 12,767 shares of the company's stock, valued at approximately $500,466.40. This trade represents a 15.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Micah Chen sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $50.50, for a total value of $505,000.00. Following the completion of the sale, the vice president now directly owns 38,502 shares in the company, valued at approximately $1,944,351. The trade was a 20.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 67,273 shares of company stock valued at $3,249,652 over the last ninety days. Company insiders own 9.80% of the company's stock.

Analyst Upgrades and Downgrades

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

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.