Rock Point Advisors LLC Lowers Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Rock Point Advisors LLC decreased its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 4.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,707 shares of the construction company's stock after selling 7,575 shares during the quarter. Willdan Group accounts for 2.3% of Rock Point Advisors LLC's portfolio, making the stock its 14th biggest holding. Rock Point Advisors LLC owned approximately 1.25% of Willdan Group worth $7,399,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC purchased a new position in Willdan Group during the fourth quarter worth $40,000. Tower Research Capital LLC TRC boosted its stake in shares of Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company's stock worth $64,000 after purchasing an additional 1,387 shares during the period. GAMMA Investing LLC grew its holdings in Willdan Group by 1,809.7% during the 1st quarter. GAMMA Investing LLC now owns 2,158 shares of the construction company's stock valued at $88,000 after purchasing an additional 2,045 shares during the last quarter. Legal & General Group Plc raised its position 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 purchasing an additional 542 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in Willdan Group in the fourth quarter worth about $125,000. Hedge funds and other institutional investors own 72.29% of the company's stock.

Wall Street Analysts Forecast Growth

WLDN has been the topic of a number of recent analyst reports. Wedbush reiterated an "outperform" rating on shares of Willdan Group in a research note on Thursday. 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.

Willdan Group Stock Performance

WLDN stock traded up $0.50 during trading on Thursday, reaching $72.67. The company had a trading volume of 491,819 shares, compared to its average volume of 159,321. Willdan Group, Inc. has a twelve month low of $30.43 and a twelve month high of $75.35. The firm has a 50-day simple moving average of $55.70 and a 200-day simple moving average of $43.79. 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 $1.05 billion, a price-to-earnings ratio of 43.00 and a beta of 1.25.

Insider Transactions at Willdan Group

In other news, CFO Creighton K. Early sold 5,000 shares of the business's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total value of $266,400.00. Following the completion of the transaction, the chief financial officer owned 72,071 shares of the company's stock, valued at $3,839,942.88. The trade was a 6.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Thomas Donald Brisbin sold 22,459 shares of the firm's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $52.34, for a total value of $1,175,504.06. Following the sale, the director directly owned 422,454 shares in the company, valued at approximately $22,111,242.36. This trade represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 100,000 shares of company stock worth $4,994,075. 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.