Nuveen Asset Management LLC Has $7.93 Million Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Nuveen Asset Management LLC raised its position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 136.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 208,059 shares of the construction company's stock after buying an additional 119,888 shares during the period. Nuveen Asset Management LLC owned about 1.47% of Willdan Group worth $7,925,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Willdan Group by 7.2% during the fourth quarter. Vanguard Group Inc. now owns 751,985 shares of the construction company's stock valued at $28,643,000 after purchasing an additional 50,262 shares during the last quarter. Lord Abbett & CO. LLC lifted its holdings in Willdan Group by 13.4% during the 4th 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. Dimensional Fund Advisors LP increased its stake in shares of Willdan Group by 13.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 419,319 shares of the construction company's stock valued at $15,972,000 after buying an additional 49,217 shares during the period. Summit Creek Advisors LLC raised its position in shares of Willdan Group by 1.7% during the fourth quarter. Summit Creek Advisors LLC now owns 365,153 shares of the construction company's stock worth $13,909,000 after acquiring an additional 6,119 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Willdan Group by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 296,398 shares of the construction company's stock worth $11,293,000 after acquiring an additional 1,601 shares during the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Michael A. Bieber sold 25,000 shares of Willdan Group stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 200,981 shares in the company, valued at approximately $9,669,195.91. The trade was a 11.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Thomas Donald Brisbin sold 20,000 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $48.54, for a total value of $970,800.00. Following the completion of the sale, the director now owns 422,454 shares in the company, valued at approximately $20,505,917.16. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,273 shares of company stock worth $5,083,176 over the last ninety days. Insiders own 9.80% of the company's stock.

Willdan Group Stock Up 0.2%

Shares of WLDN stock traded up $0.11 during trading hours on Friday, hitting $53.81. 207,495 shares of the company were exchanged, compared to its average volume of 138,289. Willdan Group, Inc. has a 52 week low of $27.19 and a 52 week high of $54.34. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average of $42.59 and a two-hundred day moving average of $39.86. The company has a market capitalization of $780.08 million, a PE ratio of 33.01 and a beta of 1.09.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WLDN shares. Wall Street Zen downgraded shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 19th. Wedbush raised shares of Willdan Group to a "strong-buy" rating in a research note on Monday, March 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.