Sei Investments Co. Has $232,000 Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Sei Investments Co. trimmed its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 30.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,035 shares of the construction company’s stock after selling 3,476 shares during the period. Sei Investments Co.’s holdings in Willdan Group were worth $232,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC grew its position in Willdan Group by 168.3% in the first quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company’s stock valued at $78,000 after purchasing an additional 1,725 shares in the last quarter. EntryPoint Capital LLC bought a new position in shares of Willdan Group in the 1st quarter valued at about $90,000. BNP Paribas Financial Markets grew its position in shares of Willdan Group by 82.5% in the 1st quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company’s stock valued at $176,000 after acquiring an additional 2,748 shares during the period. Lazard Asset Management LLC grew its position in shares of Willdan Group by 73.6% in the 1st quarter. Lazard Asset Management LLC now owns 6,800 shares of the construction company’s stock valued at $197,000 after acquiring an additional 2,882 shares during the period. Finally, Mount Yale Investment Advisors LLC acquired a new stake in shares of Willdan Group during the 1st quarter worth about $201,000. Institutional investors own 72.29% of the company’s stock.

Willdan Group Trading Up 0.9 %

WLDN opened at $43.18 on Friday. Willdan Group, Inc. has a fifty-two week low of $17.09 and a fifty-two week high of $45.25. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market capitalization of $604.09 million, a price-to-earnings ratio of 35.11 and a beta of 1.41. The company’s 50 day moving average price is $38.88 and its two-hundred day moving average price is $33.39.

Willdan Group (NASDAQ:WLDN) last released its earnings results on Thursday, August 1st. The construction company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.15. Willdan Group had a net margin of 3.10% and a return on equity of 12.06%. The company had revenue of $141.00 million for the quarter, compared to the consensus estimate of $123.07 million. During the same quarter in the previous year, the company earned $0.19 EPS. As a group, research analysts predict that Willdan Group, Inc. will post 1.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WLDN shares. Roth Mkm lifted their price objective on shares of Willdan Group from $34.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. StockNews.com cut shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, Wedbush started coverage on shares of Willdan Group in a research report on Tuesday, September 3rd. They issued an “outperform” rating and a $51.00 target price for the company.

Insiders Place Their Bets

In other news, CFO Creighton K. Early sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.45, for a total value of $364,500.00. Following the completion of the sale, the chief financial officer now owns 68,342 shares in the company, valued at $2,491,065.90. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Michael A. Bieber sold 9,209 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $36.36, for a total value of $334,839.24. Following the transaction, the chief executive officer now owns 169,726 shares in the company, valued at approximately $6,171,237.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Creighton K. Early sold 10,000 shares of Willdan Group stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.45, for a total transaction of $364,500.00. Following the completion of the sale, the chief financial officer now owns 68,342 shares in the company, valued at approximately $2,491,065.90. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,305 shares of company stock worth $1,105,451. Insiders own 9.80% of the company’s stock.

About Willdan Group

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.