SG Americas Securities LLC Sells 6,283 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

SG Americas Securities LLC decreased its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 45.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,644 shares of the construction company's stock after selling 6,283 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of Willdan Group worth $311,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in Willdan Group in the 4th quarter valued at $40,000. Tower Research Capital LLC TRC raised its position in shares of 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 valued at $64,000 after buying an additional 1,387 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Willdan Group by 1,809.7% in the first quarter. GAMMA Investing LLC now owns 2,158 shares of the construction company's stock valued at $88,000 after buying an additional 2,045 shares during the period. Legal & General Group Plc grew 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 buying an additional 542 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new position in Willdan Group during the fourth quarter valued at about $125,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Willdan Group Price Performance

NASDAQ WLDN traded up $0.21 on Monday, reaching $62.51. The company's stock had a trading volume of 139,509 shares, compared to its average volume of 147,474. Willdan Group, Inc. has a 52 week low of $28.57 and a 52 week high of $63.77. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.35. The firm has a market cap of $906.40 million, a PE ratio of 36.99 and a beta of 1.23. The business has a 50-day moving average price of $50.45 and a 200 day moving average price of $42.06.

Insider Buying and Selling

In other news, Director Thomas Donald Brisbin sold 22,459 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $52.34, for a total value of $1,175,504.06. Following the sale, the director owned 422,454 shares in the company, valued at approximately $22,111,242.36. The trade was a 5.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Creighton K. Early sold 5,000 shares of the stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total transaction of $266,400.00. Following the sale, the chief financial officer owned 72,071 shares of the company's stock, valued at $3,839,942.88. This trade represents a 6.49% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,000 shares of company stock valued at $4,994,075. 8.60% of the stock is owned by insiders.

Willdan Group Company 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.