Willdan Group, Inc. (NASDAQ:WLDN) Stock Holdings Lessened by Millennium Management LLC

Millennium Management LLC decreased its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 135,352 shares of the construction company's stock after selling 12,446 shares during the period. Millennium Management LLC owned 0.96% of Willdan Group worth $5,156,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Willdan Group by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company's stock worth $275,000 after purchasing an additional 304 shares during the last quarter. Navellier & Associates Inc. increased its position in Willdan Group by 4.4% during the fourth quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company's stock worth $311,000 after purchasing an additional 341 shares during the last quarter. Wulff Hansen & CO. increased its position in Willdan Group by 1.6% during the fourth quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company's stock worth $869,000 after purchasing an additional 370 shares during the last quarter. Stifel Financial Corp increased its position in Willdan Group by 2.9% during the fourth quarter. Stifel Financial Corp now owns 16,494 shares of the construction company's stock worth $628,000 after purchasing an additional 461 shares during the last quarter. Finally, Aquatic Capital Management LLC increased its position in Willdan Group by 10.4% during the fourth quarter. Aquatic Capital Management LLC now owns 5,410 shares of the construction company's stock worth $206,000 after purchasing an additional 510 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Willdan Group Trading Down 0.3%

Shares of Willdan Group stock traded down $0.16 during trading hours on Monday, hitting $53.89. The company's stock had a trading volume of 200,182 shares, compared to its average volume of 138,904. Willdan Group, Inc. has a 1-year low of $27.19 and a 1-year high of $54.35. The business has a fifty day moving average of $42.84 and a 200 day moving average of $39.90. The company has a market capitalization of $781.24 million, a PE ratio of 33.06 and a beta of 1.09. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Insider Activity

In other news, Director Mohammad Shahidehpour sold 2,273 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the completion of the transaction, the director now directly owns 12,767 shares in the company, valued at approximately $500,466.40. This represents a 15.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas Donald Brisbin sold 1,626 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $51.54, for a total transaction of $83,804.04. Following the transaction, the director now owns 422,454 shares in the company, valued at $21,773,279.16. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,273 shares of company stock worth $5,083,176. 8.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WLDN. Wedbush raised shares of Willdan Group to a "strong-buy" rating in a research report on Monday, March 10th. Wall Street Zen lowered 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.