Quadrature Capital Ltd Has $541,000 Stock Position in Willdan Group, Inc. (NASDAQ:WLDN)

Quadrature Capital Ltd grew its position in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 56.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,072 shares of the construction company’s stock after acquiring an additional 8,997 shares during the quarter. Quadrature Capital Ltd owned 0.18% of Willdan Group worth $541,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Rock Point Advisors LLC raised its stake in shares of Willdan Group by 1.4% during the 4th quarter. Rock Point Advisors LLC now owns 329,475 shares of the construction company’s stock worth $7,084,000 after purchasing an additional 4,464 shares in the last quarter. Kennedy Capital Management LLC boosted its stake in shares of Willdan Group by 0.7% during the third quarter. Kennedy Capital Management LLC now owns 164,272 shares of the construction company’s stock valued at $3,356,000 after purchasing an additional 1,199 shares in the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of Willdan Group by 4.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 55,283 shares of the construction company’s stock valued at $1,189,000 after purchasing an additional 2,210 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in shares of Willdan Group by 14.7% during the fourth quarter. Panagora Asset Management Inc. now owns 48,546 shares of the construction company’s stock valued at $1,044,000 after purchasing an additional 6,216 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Willdan Group during the fourth quarter valued at about $309,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Activity at Willdan Group

In related news, major shareholder Fund L.P. Forager sold 86,483 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $31.25, for a total transaction of $2,702,593.75. Following the sale, the insider now directly owns 1,641,258 shares in the company, valued at approximately $51,289,312.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Willdan Group news, major shareholder Fund L.P. Forager sold 86,483 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $31.25, for a total value of $2,702,593.75. Following the transaction, the insider now directly owns 1,641,258 shares in the company, valued at approximately $51,289,312.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Donald Brisbin sold 14,426 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $32.06, for a total value of $462,497.56. Following the completion of the transaction, the director now owns 413,908 shares in the company, valued at $13,269,890.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 282,099 shares of company stock worth $8,775,093. 9.80% of the stock is owned by company insiders.

Willdan Group Stock Up 0.6 %

WLDN stock opened at $28.27 on Friday. The stock’s fifty day simple moving average is $30.36 and its two-hundred day simple moving average is $25.15. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.43. Willdan Group, Inc. has a 1-year low of $17.09 and a 1-year high of $34.81. The stock has a market cap of $390.69 million, a P/E ratio of 30.40 and a beta of 1.44.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, May 2nd. The construction company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.20. The firm had revenue of $122.49 million for the quarter, compared to analyst estimates of $114.02 million. Willdan Group had a return on equity of 10.62% and a net margin of 2.44%. Analysts expect that Willdan Group, Inc. will post 1.54 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Roth Mkm restated a “buy” rating and set a $34.00 price objective (up from $27.00) on shares of Willdan Group in a research report on Friday, March 22nd. Wedbush reissued an “outperform” rating and issued a $35.00 price objective on shares of Willdan Group in a research note on Monday, May 6th. Finally, StockNews.com raised Willdan Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 17th.

Willdan Group 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.