SG Americas Securities LLC Has $311,000 Stock Position in Willdan Group, Inc. (NASDAQ:WLDN)

SG Americas Securities LLC decreased its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 45.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,644 shares of the construction company's stock after selling 6,283 shares during the period. SG Americas Securities LLC owned approximately 0.05% of Willdan Group worth $311,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rhumbline Advisers lifted its holdings in shares of Willdan Group by 2.9% in the fourth quarter. Rhumbline Advisers now owns 20,159 shares of the construction company's stock valued at $768,000 after purchasing an additional 562 shares in the last quarter. Principal Financial Group Inc. grew its position in Willdan Group by 9.0% in the fourth quarter. Principal Financial Group Inc. now owns 8,207 shares of the construction company's stock valued at $313,000 after purchasing an additional 677 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Willdan Group by 18.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 43,287 shares of the construction company's stock worth $1,649,000 after buying an additional 6,754 shares in the last quarter. Moran Wealth Management LLC bought a new position in shares of Willdan Group in the 4th quarter valued at about $201,000. Finally, Farther Finance Advisors LLC acquired a new position in Willdan Group during the fourth quarter valued at approximately $40,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group Trading Up 3.9%

WLDN stock opened at $62.17 on Friday. Willdan Group, Inc. has a 52 week low of $28.00 and a 52 week high of $62.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.61 and a current ratio of 1.61. The company's 50-day simple moving average is $49.47 and its 200 day simple moving average is $41.77. The company has a market capitalization of $901.47 million, a PE ratio of 36.79 and a beta of 1.23.

Insider Activity

In related news, Director Thomas Donald Brisbin sold 20,000 shares of the business's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $48.54, for a total value of $970,800.00. Following the completion of the transaction, the director now owns 422,454 shares of the company's stock, valued at $20,505,917.16. The trade was a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael A. Bieber sold 25,000 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $48.11, for a total transaction of $1,202,750.00. Following the sale, the chief executive officer now owns 200,981 shares in the company, valued at $9,669,195.91. The trade was 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 sold 100,000 shares of company stock worth $4,994,075. Corporate insiders own 8.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th. Wedbush upgraded Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th.

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.

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