Farther Finance Advisors LLC Invests $40,000 in Willdan Group, Inc. (NASDAQ:WLDN)

Farther Finance Advisors LLC bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,056 shares of the construction company’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of Willdan Group in the 3rd quarter worth approximately $26,000. FMR LLC boosted its stake in shares of Willdan Group by 343.6% in the 3rd quarter. FMR LLC now owns 3,935 shares of the construction company’s stock worth $161,000 after buying an additional 3,048 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Willdan Group in the 3rd quarter worth approximately $201,000. Intech Investment Management LLC purchased a new position in shares of Willdan Group in the 3rd quarter worth approximately $208,000. Finally, Moran Wealth Management LLC purchased a new position in shares of Willdan Group in the 4th quarter worth approximately $201,000. 72.29% of the stock is owned by institutional investors.

Willdan Group Price Performance

Willdan Group stock opened at $41.96 on Monday. Willdan Group, Inc. has a 12 month low of $25.91 and a 12 month high of $50.00. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The business’s 50 day simple moving average is $36.38 and its 200 day simple moving average is $39.78. The company has a market cap of $604.56 million, a price-to-earnings ratio of 25.74 and a beta of 1.41.

Insider Buying and Selling at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total transaction of $89,101.60. Following the sale, the director now owns 12,767 shares of the company’s stock, valued at $500,466.40. The trade was a 15.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 9.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th. Wedbush upgraded Willdan Group to a “strong-buy” rating in a research note on Monday, March 10th.

Willdan Group Company 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.