Whittier Trust Co. Has $922,000 Stake in Willdan Group, Inc. (NASDAQ:WLDN)

Whittier Trust Co. boosted its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 34.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,636 shares of the construction company's stock after buying an additional 5,800 shares during the quarter. Whittier Trust Co. owned approximately 0.16% of Willdan Group worth $922,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of WLDN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Willdan Group by 4.4% during the 4th 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. Principal Financial Group Inc. raised its stake in Willdan Group by 3.9% during the 1st quarter. Principal Financial Group Inc. now owns 8,526 shares of the construction company's stock worth $347,000 after buying an additional 319 shares during the period. Stifel Financial Corp raised its stake in shares of Willdan Group by 2.9% in the fourth quarter. Stifel Financial Corp now owns 16,494 shares of the construction company's stock worth $628,000 after purchasing an additional 461 shares during the last quarter. Aquatic Capital Management LLC grew its holdings in shares of Willdan Group by 10.4% in the fourth quarter. Aquatic Capital Management LLC now owns 5,410 shares of the construction company's stock valued at $206,000 after acquiring an additional 510 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Willdan Group by 26.4% in the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company's stock valued at $99,000 after acquiring an additional 542 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Willdan Group Stock Performance

Shares of NASDAQ:WLDN opened at $79.67 on Friday. 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 firm's 50 day simple moving average is $59.41 and its 200-day simple moving average is $45.12. Willdan Group, Inc. has a one year low of $30.43 and a one year high of $80.75. The firm has a market cap of $1.16 billion, a PE ratio of 47.14 and a beta of 1.25.

Insider Activity at Willdan Group

In related news, VP Micah Chen sold 10,000 shares of the stock in a transaction on Monday, May 19th. The shares were sold at an average price of $50.50, for a total transaction of $505,000.00. Following the completion of the sale, the vice president owned 38,502 shares in the company, valued at $1,944,351. This represents a 20.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael A. Bieber sold 25,000 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $48.11, for a total transaction of $1,202,750.00. Following the transaction, the chief executive officer owned 200,981 shares of the company's stock, valued at $9,669,195.91. This trade represents a 11.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 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.

Wall Street Analyst Weigh In

Separately, Wedbush reiterated an "outperform" rating on shares of Willdan Group in a research report on Thursday, July 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.