Barclays PLC Raises 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 its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,301 shares of the construction company’s stock after buying an additional 12,297 shares during the period. Barclays PLC owned approximately 0.12% of Willdan Group worth $708,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new stake in shares of Willdan Group in the 3rd quarter valued at about $26,000. nVerses Capital LLC lifted its position in Willdan Group by 125.0% in the third quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after purchasing an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Willdan Group during the 3rd quarter valued at $44,000. ProShare Advisors LLC bought a new stake in shares of Willdan Group in the second quarter worth about $48,000. Finally, FMR LLC increased its stake in shares of Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company’s stock valued at $161,000 after buying an additional 3,048 shares during the period. 72.29% of the stock is currently owned by institutional investors.

Insider Transactions at Willdan Group

In related news, CEO Michael A. Bieber sold 1,804 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now directly 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 this link. Also, CFO Creighton K. Early sold 4,349 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $43.13, for a total value of $187,572.37. Following the sale, the chief financial officer now directly owns 69,146 shares of the company’s stock, valued at $2,982,266.98. This represents a 5.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,787 shares of company stock worth $936,061 in the last quarter. Company insiders own 9.80% of the company’s stock.

Analysts Set New Price Targets

WLDN has been the topic of several research reports. Wedbush reaffirmed an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th.

Willdan Group Trading Down 0.7 %

Shares of NASDAQ:WLDN opened at $38.09 on Wednesday. The stock’s 50-day simple moving average is $42.51 and its two-hundred day simple moving average is $38.59. The stock has a market capitalization of $538.02 million, a price-to-earnings ratio of 23.37 and a beta of 1.36. Willdan Group, Inc. has a 52-week low of $17.23 and a 52-week high of $50.00. 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 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.