Teton Advisors Inc. Reduces Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Teton Advisors Inc. decreased its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 37.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the construction company's stock after selling 12,000 shares during the period. Teton Advisors Inc. owned about 0.14% of Willdan Group worth $762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in Willdan Group by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 36,533 shares of the construction company's stock worth $1,496,000 after buying an additional 964 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Willdan Group during the third quarter worth approximately $201,000. FMR LLC increased its position in shares of Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company's stock worth $161,000 after purchasing an additional 3,048 shares in the last quarter. Stifel Financial Corp raised its stake in Willdan Group by 10.1% in the 3rd quarter. Stifel Financial Corp now owns 16,033 shares of the construction company's stock valued at $657,000 after purchasing an additional 1,474 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Willdan Group by 2.6% in the third quarter. State Street Corp now owns 240,265 shares of the construction company's stock worth $9,839,000 after buying an additional 6,178 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Wall Street Analyst Weigh In

WLDN has been the subject of a number of recent research reports. StockNews.com downgraded Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th. Wedbush upgraded shares of Willdan Group to a "strong-buy" rating in a research report on Monday, March 10th.

Insider Transactions at Willdan Group

In other news, Director Mohammad Shahidehpour sold 2,273 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the sale, the director now owns 12,767 shares of the company's stock, 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 the SEC website. Company insiders own 9.80% of the company's stock.

Willdan Group Trading Down 0.3 %

Shares of WLDN traded down $0.11 during trading on Friday, reaching $38.48. 98,487 shares of the company traded hands, compared to its average volume of 132,319. The stock has a 50-day simple moving average of $37.65 and a 200-day simple moving average of $39.80. The stock has a market cap of $554.42 million, a PE ratio of 23.61 and a beta of 1.12. Willdan Group, Inc. has a twelve month low of $26.58 and a twelve month high of $50.00. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

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.