Fmr LLC Buys 3,048 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Fmr LLC grew its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 343.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,935 shares of the construction company’s stock after buying an additional 3,048 shares during the quarter. Fmr LLC’s holdings in Willdan Group were worth $161,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of WLDN. Quantbot Technologies LP bought a new position in Willdan Group in the third quarter valued at approximately $26,000. nVerses Capital LLC lifted its stake in Willdan Group by 125.0% in the third quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after buying an additional 500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Willdan Group during the 3rd quarter worth about $44,000. ProShare Advisors LLC acquired a new stake in shares of Willdan Group in the second quarter valued at approximately $48,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Willdan Group during the third quarter worth about $201,000. Institutional investors own 72.29% of the company’s stock.

Willdan Group Stock Up 0.7 %

NASDAQ:WLDN opened at $38.77 on Monday. The company has a market cap of $547.63 million, a PE ratio of 23.79 and a beta of 1.36. The firm’s 50 day simple moving average is $43.49 and its 200 day simple moving average is $38.22. 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, Inc. has a one year low of $17.23 and a one year high of $50.00.

Analysts Set New Price Targets

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

Insider Activity at Willdan Group

In related news, Director Thomas Donald Brisbin sold 7,700 shares of the company’s stock in a transaction dated 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 $17,597,515.76. This represents a 1.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Creighton K. Early sold 4,349 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $43.13, for a total transaction of $187,572.37. Following the transaction, the chief financial officer now directly owns 69,146 shares in the company, valued at approximately $2,982,266.98. This represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,787 shares of company stock worth $936,061 over the last three months. Company 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.