Willdan Group, Inc. (NASDAQ:WLDN) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its position in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 83.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,927 shares of the construction company’s stock after buying an additional 6,353 shares during the period. SG Americas Securities LLC owned about 0.10% of Willdan Group worth $530,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. American Century Companies Inc. purchased a new position in Willdan Group during the 2nd quarter valued at about $361,000. Dimensional Fund Advisors LP increased its stake in Willdan Group by 14.6% during the second quarter. Dimensional Fund Advisors LP now owns 324,145 shares of the construction company’s stock worth $9,351,000 after purchasing an additional 41,367 shares during the period. Renaissance Technologies LLC lifted its position in shares of Willdan Group by 339.9% during the second quarter. Renaissance Technologies LLC now owns 55,426 shares of the construction company’s stock worth $1,599,000 after purchasing an additional 42,826 shares in the last quarter. ProShare Advisors LLC purchased a new position in shares of Willdan Group in the second quarter valued at approximately $48,000. Finally, Marshall Wace LLP grew its holdings in shares of Willdan Group by 52.9% in the second 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. 72.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Creighton K. Early sold 4,349 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $43.13, for a total value of $187,572.37. Following the completion of the transaction, the chief financial officer now owns 69,146 shares in the company, valued at approximately $2,982,266.98. This represents a 5.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Thomas Donald Brisbin sold 7,700 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $43.45, for a total transaction of $334,565.00. Following the completion of the transaction, the director now directly owns 406,704 shares in the company, valued at $17,671,288.80. This trade represents a 1.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,787 shares of company stock valued at $936,061 in the last ninety days. Insiders own 9.80% of the company’s stock.

Willdan Group Stock Performance

Shares of Willdan Group stock opened at $35.35 on Friday. The business has a 50-day simple moving average of $39.39 and a 200-day simple moving average of $39.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. Willdan Group, Inc. has a one year low of $18.37 and a one year high of $50.00. The company has a market cap of $499.14 million, a PE ratio of 21.69 and a beta of 1.38.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, October 31st. The construction company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.46 by $0.15. The company had revenue of $158.25 million during the quarter, compared to analysts’ expectations of $141.70 million. Willdan Group had a net margin of 3.97% and a return on equity of 13.84%. During the same quarter in the previous year, the business posted $0.30 EPS. On average, equities research analysts forecast that Willdan Group, Inc. will post 1.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.