Willdan Group, Inc. (NASDAQ:WLDN) Shares Sold by Millennium Management LLC

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

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC increased its stake in Willdan Group by 83.9% during the fourth quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company's stock worth $530,000 after purchasing an additional 6,353 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Willdan Group by 27.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 18,673 shares of the construction company's stock worth $711,000 after buying an additional 4,049 shares in the last quarter. Ausbil Investment Management Ltd boosted its position in Willdan Group by 341.2% in the 4th quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company's stock valued at $1,463,000 after buying an additional 29,318 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Willdan Group by 23.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company's stock worth $3,397,000 after acquiring an additional 16,832 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Willdan Group by 2.9% during the fourth quarter. Rhumbline Advisers now owns 20,159 shares of the construction company's stock worth $768,000 after acquiring an additional 562 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

Willdan Group Stock Performance

Shares of NASDAQ WLDN traded up $0.11 during mid-day trading on Friday, hitting $53.81. 207,495 shares of the company were exchanged, compared to its average volume of 138,289. Willdan Group, Inc. has a 1-year low of $27.19 and a 1-year high of $54.34. The firm has a market cap of $780.08 million, a price-to-earnings ratio of 33.01 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. The stock has a 50 day simple moving average of $42.59 and a 200-day simple moving average of $39.86.

Analyst Upgrades and Downgrades

WLDN has been the topic of a number of recent research reports. 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 report on Wednesday, March 19th.

Insider Transactions at Willdan Group

In other news, CEO Michael A. Bieber sold 25,000 shares of the firm's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $48.11, for a total transaction of $1,202,750.00. Following the sale, the chief executive officer now owns 200,981 shares in the company, valued at $9,669,195.91. This trade represents a 11.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Creighton K. Early sold 5,000 shares of Willdan Group stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $53.28, for a total value of $266,400.00. Following the completion of the sale, the chief financial officer now owns 72,071 shares of the company's stock, valued at $3,839,942.88. This trade represents a 6.49% decrease in their position. 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 ninety days. 9.80% of the stock is currently owned by company insiders.

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.