Barclays PLC Raises Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Barclays PLC boosted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 245.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,301 shares of the construction company’s stock after buying an additional 12,297 shares during the quarter. Barclays PLC owned 0.12% of Willdan Group worth $708,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of WLDN. Dimensional Fund Advisors LP increased its position 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 valued at $9,351,000 after purchasing an additional 41,367 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Willdan Group by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock valued at $12,075,000 after purchasing an additional 1,514 shares during the last quarter. State Street Corp increased its position in shares of Willdan Group by 2.6% during the 3rd quarter. State Street Corp now owns 240,265 shares of the construction company’s stock valued at $9,839,000 after purchasing an additional 6,178 shares during the last quarter. Essex Investment Management Co. LLC increased its position in shares of Willdan Group by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 155,761 shares of the construction company’s stock valued at $6,378,000 after purchasing an additional 538 shares during the last quarter. Finally, Millennium Management LLC increased its position 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 valued at $3,008,000 after purchasing an additional 42,533 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Activity at Willdan Group

In related news, Director Thomas Donald Brisbin sold 7,700 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 422,104 shares in the company, valued at approximately $17,597,515.76. The trade was a 1.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael A. Bieber sold 1,804 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $45.86, for a total value of $82,731.44. Following the completion of the transaction, the chief executive officer now owns 173,654 shares of the company’s stock, valued at $7,963,772.44. The trade was a 1.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,787 shares of company stock worth $936,061. 9.80% of the stock is owned by company insiders.

Willdan Group Trading Up 3.7 %

Shares of NASDAQ:WLDN opened at $37.75 on Thursday. The stock has a 50 day moving average of $40.71 and a 200 day moving average of $39.18. The company has a market cap of $533.22 million, a PE ratio of 23.16 and a beta of 1.38. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a 12-month low of $17.23 and a 12-month high of $50.00.

Wall Street Analysts Forecast Growth

WLDN has been the subject of several research reports. StockNews.com lowered shares of 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 set a $51.00 price target on shares of Willdan Group in a research report on Monday, November 4th.

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.