Barclays PLC Acquires 12,297 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Barclays PLC boosted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 245.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,301 shares of the construction company’s stock after purchasing an additional 12,297 shares during the quarter. Barclays PLC’s holdings in Willdan Group were worth $708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WLDN. Allspring Global Investments Holdings LLC bought a new position in Willdan Group in the 3rd quarter worth approximately $2,970,000. Renaissance Technologies LLC boosted its stake in Willdan Group by 339.9% in the 2nd quarter. Renaissance Technologies LLC now owns 55,426 shares of the construction company’s stock worth $1,599,000 after purchasing an additional 42,826 shares during the period. Millennium Management LLC raised its holdings in shares of Willdan Group by 68.9% during the 2nd quarter. Millennium Management LLC now owns 104,259 shares of the construction company’s stock worth $3,008,000 after acquiring an additional 42,533 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Willdan Group by 14.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 324,145 shares of the construction company’s stock worth $9,351,000 after acquiring an additional 41,367 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new stake in shares of Willdan Group during the 2nd quarter worth approximately $1,096,000. 72.29% of the stock is currently owned by institutional investors.

Insider Activity at Willdan Group

In related news, Director Thomas Donald Brisbin sold 7,700 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $41.69, for a total transaction of $321,013.00. Following the sale, the director now owns 422,104 shares in the company, valued at approximately $17,597,515.76. This represents a 1.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael A. Bieber sold 1,804 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total value of $82,731.44. Following the sale, the chief executive officer now owns 173,654 shares in the company, valued at $7,963,772.44. The trade was a 1.03 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,787 shares of company stock worth $936,061. Company insiders own 9.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Wedbush reaffirmed an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a report on Monday, November 4th. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th.

Willdan Group Stock Up 3.7 %

Shares of WLDN opened at $37.75 on Thursday. The stock has a market capitalization of $533.22 million, a price-to-earnings ratio of 23.16 and a beta of 1.38. Willdan Group, Inc. has a 1 year low of $17.23 and a 1 year high of $50.00. The business’s 50 day simple moving average is $40.71 and its 200-day simple moving average is $39.18. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77.

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.