Willdan Group, Inc. (NASDAQ:WLDN) Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC grew its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 126.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,280 shares of the construction company's stock after acquiring an additional 6,306 shares during the quarter. Squarepoint Ops LLC owned about 0.08% of Willdan Group worth $430,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sherbrooke Park Advisers LLC acquired a new position in Willdan Group in the 4th quarter valued at $375,000. Man Group plc boosted its stake in Willdan Group by 180.2% during the 4th quarter. Man Group plc now owns 31,924 shares of the construction company's stock worth $1,216,000 after purchasing an additional 20,530 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Willdan Group by 136.0% during the fourth quarter. Nuveen Asset Management LLC now owns 208,059 shares of the construction company's stock worth $7,925,000 after buying an additional 119,888 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Willdan Group by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company's stock worth $275,000 after buying an additional 304 shares in the last quarter. Finally, Lazard Asset Management LLC raised its position in shares of Willdan Group by 54.5% in the fourth quarter. Lazard Asset Management LLC now owns 47,336 shares of the construction company's stock valued at $1,803,000 after buying an additional 16,703 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company's stock.

Insider Activity at Willdan Group

In other news, Director Mohammad Shahidehpour sold 2,273 shares of the company's stock in a transaction 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 transaction, the director now owns 12,767 shares of the company's stock, valued at $500,466.40. This represents a 15.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Thomas Donald Brisbin sold 1,626 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $51.54, for a total value of $83,804.04. Following the transaction, the director now owns 422,454 shares of the company's stock, valued at approximately $21,773,279.16. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 102,273 shares of company stock valued at $5,083,176. 8.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Willdan Group Trading Up 2.4%

Shares of WLDN traded up $1.31 during midday trading on Friday, reaching $56.99. The company had a trading volume of 111,584 shares, compared to its average volume of 140,792. The firm has a 50 day simple moving average of $44.07 and a 200-day simple moving average of $40.30. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The stock has a market cap of $826.18 million, a PE ratio of 34.96 and a beta of 1.23. Willdan Group, Inc. has a 1-year low of $27.19 and a 1-year high of $57.24.

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.