Willdan Group, Inc. (NASDAQ:WLDN) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 358.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,935 shares of the construction company's stock after purchasing an additional 27,308 shares during the quarter. Deutsche Bank AG owned approximately 0.25% of Willdan Group worth $1,331,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Navellier & Associates Inc. grew its position in shares of Willdan Group by 4.4% in the fourth quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company's stock valued at $311,000 after purchasing an additional 341 shares during the period. Wulff Hansen & CO. grew its position in shares of Willdan Group by 1.6% in the fourth quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company's stock valued at $869,000 after purchasing an additional 370 shares during the period. Stifel Financial Corp grew its position 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 valued at $628,000 after purchasing an additional 461 shares during the period. Inspire Investing LLC grew its position in shares of Willdan Group by 2.4% in the fourth quarter. Inspire Investing LLC now owns 21,390 shares of the construction company's stock valued at $815,000 after purchasing an additional 501 shares during the period. Finally, Aquatic Capital Management LLC grew its position 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 purchasing an additional 510 shares during the period. Institutional investors and hedge funds own 72.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WLDN shares. Wall Street Zen downgraded shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th. Wedbush raised shares of Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th.

Insider Transactions at Willdan Group

In other news, VP Micah Chen sold 10,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $50.50, for a total value of $505,000.00. Following the sale, the vice president now directly owns 38,502 shares of the company's stock, valued at approximately $1,944,351. The trade was a 20.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mohammad Shahidehpour sold 2,273 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the completion of the sale, the director now directly owns 12,767 shares in the company, valued at $500,466.40. This trade represents a 15.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 67,273 shares of company stock valued at $3,249,652. Corporate insiders own 9.80% of the company's stock.

Willdan Group Price Performance

Shares of NASDAQ:WLDN traded up $2.33 during midday trading on Tuesday, hitting $53.78. The company's stock had a trading volume of 268,066 shares, compared to its average volume of 136,499. The business's 50 day simple moving average is $41.67 and its 200 day simple moving average is $39.55. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The company has a market cap of $779.65 million, a P/E ratio of 32.99 and a beta of 1.09. Willdan Group, Inc. has a 12-month low of $27.19 and a 12-month high of $53.79.

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.