Nuveen Asset Management LLC Raises Position in Willdan Group, Inc. (NASDAQ:WLDN)

Nuveen Asset Management LLC increased its holdings in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 136.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 1.47% of Willdan Group worth $7,925,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in Willdan Group in the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC boosted its holdings in Willdan Group by 470.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company's stock worth $64,000 after buying an additional 1,387 shares during the period. Legal & General Group Plc boosted its holdings in Willdan Group by 26.4% in the 4th 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 during the period. Meeder Asset Management Inc. bought a new position in Willdan Group in the 4th quarter worth approximately $125,000. Finally, Quantbot Technologies LP lifted its stake in Willdan Group by 626.5% in the 4th quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company's stock worth $172,000 after purchasing an additional 3,903 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Willdan Group Price Performance

Shares of Willdan Group stock traded down $0.16 on Monday, hitting $53.89. 200,182 shares of the company traded hands, compared to its average volume of 138,904. The firm's 50-day simple moving average is $42.84 and its 200 day simple moving average is $39.90. 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 company has a market cap of $781.24 million, a P/E ratio of 33.06 and a beta of 1.09. Willdan Group, Inc. has a 12-month low of $27.19 and a 12-month high of $54.35.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wedbush upgraded shares of Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th. Wall Street Zen cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th.

Insiders Place Their Bets

In related news, Director Thomas Donald Brisbin sold 22,459 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $52.34, for a total transaction of $1,175,504.06. Following the sale, the director now owns 422,454 shares of the company's stock, valued at $22,111,242.36. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Creighton K. Early sold 5,000 shares of Willdan Group 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 completion of the transaction, the chief financial officer now directly owns 72,071 shares of the company's stock, valued at $3,839,942.88. This trade represents a 6.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,273 shares of company stock valued at $5,083,176 in the last quarter. Insiders own 8.60% of the company's stock.

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.