Quantbot Technologies LP Takes $26,000 Position in Willdan Group, Inc. (NASDAQ:WLDN)

Quantbot Technologies LP purchased a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 623 shares of the construction company’s stock, valued at approximately $26,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WLDN. DekaBank Deutsche Girozentrale acquired a new position in shares of Willdan Group during the second quarter valued at approximately $707,000. Los Angeles Capital Management LLC increased its position in shares of Willdan Group by 28.9% during the third quarter. Los Angeles Capital Management LLC now owns 54,902 shares of the construction company’s stock worth $2,248,000 after purchasing an additional 12,304 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Willdan Group in the 3rd quarter valued at $2,970,000. Marshall Wace LLP lifted its holdings in Willdan Group by 52.9% in the 2nd quarter. Marshall Wace LLP now owns 78,110 shares of the construction company’s stock valued at $2,253,000 after purchasing an additional 27,009 shares in the last quarter. Finally, Wulff Hansen & CO. boosted its stake in Willdan Group by 2,785.0% during the 2nd quarter. Wulff Hansen & CO. now owns 668,310 shares of the construction company’s stock worth $19,281,000 after purchasing an additional 645,145 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WLDN shares. Wedbush reiterated an “outperform” rating and issued a $51.00 target price on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th.

Willdan Group Stock Up 0.1 %

Shares of WLDN opened at $43.42 on Friday. Willdan Group, Inc. has a 52-week low of $17.23 and a 52-week 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. The stock has a fifty day simple moving average of $43.81 and a two-hundred day simple moving average of $37.54. The company has a market capitalization of $613.31 million, a PE ratio of 26.64 and a beta of 1.36.

Insider Activity at Willdan Group

In other Willdan Group news, CEO Michael A. Bieber sold 1,804 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total value of $82,731.44. Following the transaction, the chief executive officer now directly owns 173,654 shares in the company, valued at $7,963,772.44. The trade was a 1.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 9.80% of the stock is currently owned by insiders.

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.