Rock Point Advisors LLC Has $7.40 Million Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Rock Point Advisors LLC reduced its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 4.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181,707 shares of the construction company's stock after selling 7,575 shares during the quarter. Willdan Group makes up approximately 2.3% of Rock Point Advisors LLC's holdings, making the stock its 14th biggest position. Rock Point Advisors LLC owned approximately 1.25% of Willdan Group worth $7,399,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Willdan Group by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company's stock valued at $275,000 after buying an additional 304 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Willdan Group by 3.9% in the first quarter. Principal Financial Group Inc. now owns 8,526 shares of the construction company's stock valued at $347,000 after buying an additional 319 shares in the last quarter. Wulff Hansen & CO. grew its stake 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 buying an additional 370 shares in the last quarter. Stifel Financial Corp grew 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 valued at $628,000 after buying an additional 461 shares in the last quarter. Finally, Aquatic Capital Management LLC grew its stake 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 buying an additional 510 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Insider Activity at Willdan Group

In other news, Director Thomas Donald Brisbin sold 22,459 shares of Willdan Group stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $52.34, for a total transaction of $1,175,504.06. Following the completion of the sale, the director owned 422,454 shares of the company's stock, valued at approximately $22,111,242.36. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Creighton K. Early sold 5,000 shares of Willdan Group stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total value of $266,400.00. Following the sale, the chief financial officer directly owned 72,071 shares of the company's stock, valued at $3,839,942.88. This represents a 6.49% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 100,000 shares of company stock valued at $4,994,075. 8.60% of the stock is owned by company insiders.

Willdan Group Stock Performance

WLDN stock traded up $1.25 during midday trading on Friday, reaching $73.92. 341,726 shares of the company were exchanged, compared to its average volume of 160,861. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.61 and a quick ratio of 1.61. The business has a 50-day moving average price of $56.39 and a two-hundred day moving average price of $44.11. Willdan Group, Inc. has a one year low of $30.43 and a one year high of $75.50. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 43.74 and a beta of 1.25.

Analyst Upgrades and Downgrades

WLDN has been the subject of several analyst reports. Wedbush reissued an "outperform" rating on shares of Willdan Group in a research note on Thursday. Wall Street Zen cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 19th.

Willdan Group Company 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.