Whittier Trust Co. Purchases 5,800 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Whittier Trust Co. increased its stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 34.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,636 shares of the construction company's stock after purchasing an additional 5,800 shares during the period. Whittier Trust Co. owned approximately 0.16% of Willdan Group worth $922,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WLDN. Wells Fargo & Company MN increased its position in shares of Willdan Group by 2,934.0% in the fourth quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company's stock worth $6,678,000 after purchasing an additional 169,555 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Willdan Group by 136.0% in 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. Allspring Global Investments Holdings LLC boosted its stake in Willdan Group by 77.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 158,401 shares of the construction company's stock worth $6,468,000 after buying an additional 69,047 shares in the last quarter. Alliancebernstein L.P. purchased a new stake in Willdan Group in the fourth quarter worth approximately $2,389,000. Finally, Lord Abbett & CO. LLC boosted its stake in Willdan Group by 13.4% in the fourth quarter. Lord Abbett & CO. LLC now owns 432,135 shares of the construction company's stock worth $16,460,000 after buying an additional 51,003 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Willdan Group Trading Down 0.8%

Shares of Willdan Group stock traded down $0.62 during midday trading on Monday, reaching $79.02. 220,871 shares of the company's stock traded hands, compared to its average volume of 166,409. 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 has a market cap of $1.15 billion, a PE ratio of 46.76 and a beta of 1.25. The stock has a 50 day moving average of $60.16 and a 200-day moving average of $45.51. Willdan Group, Inc. has a 12 month low of $30.43 and a 12 month high of $81.17.

Insider Transactions at Willdan Group

In other news, CFO Creighton K. Early sold 5,000 shares of the firm's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total transaction of $266,400.00. Following the completion of the transaction, the chief financial officer directly owned 72,071 shares in the company, valued at $3,839,942.88. This trade represents a 6.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Micah Chen sold 10,000 shares of the firm's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $48.20, for a total value of $482,000.00. Following the transaction, the vice president owned 38,502 shares of the company's stock, valued at $1,855,796.40. 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 100,000 shares of company stock worth $4,994,075 in the last ninety days. 8.60% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Wedbush reissued an "outperform" rating on shares of Willdan Group in a research note on Thursday, July 10th.

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.