Stifel Financial Corp Has $657,000 Stock Position in Willdan Group, Inc. (NASDAQ:WLDN)

Stifel Financial Corp grew its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 10.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,033 shares of the construction company’s stock after purchasing an additional 1,474 shares during the quarter. Stifel Financial Corp owned about 0.11% of Willdan Group worth $657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Quantbot Technologies LP bought a new position in Willdan Group during the third quarter valued at about $26,000. nVerses Capital LLC increased its holdings in shares of Willdan Group by 125.0% during the 3rd quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after acquiring an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willdan Group in the 3rd quarter valued at approximately $44,000. ProShare Advisors LLC acquired a new stake in Willdan Group in the 2nd quarter worth approximately $48,000. Finally, FMR LLC boosted its position in Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company’s stock worth $161,000 after purchasing an additional 3,048 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Activity at Willdan Group

In other news, CEO Michael A. Bieber sold 1,804 shares of Willdan Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $45.86, for a total transaction of $82,731.44. Following the sale, the chief executive officer now owns 173,654 shares of the company’s stock, valued at approximately $7,963,772.44. This trade represents a 1.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas Donald Brisbin sold 7,700 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $41.69, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,787 shares of company stock worth $936,061 in the last ninety days. 9.80% of the stock is currently owned by insiders.

Willdan Group Stock Performance

Shares of NASDAQ WLDN opened at $38.42 on Thursday. Willdan Group, Inc. has a 12 month low of $17.23 and a 12 month 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 company has a market cap of $542.68 million, a P/E ratio of 23.57 and a beta of 1.36. The business’s 50 day moving average is $43.24 and its two-hundred day moving average is $38.31.

Analysts Set New Price Targets

A number of research firms have recently commented on WLDN. Wedbush reissued an “outperform” rating and issued a $51.00 price target 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 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.