Willdan Group, Inc. (NASDAQ:WLDN) Stock Position Increased by Jane Street Group LLC

Jane Street Group LLC lifted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 33.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,873 shares of the construction company’s stock after purchasing an additional 4,968 shares during the period. Jane Street Group LLC owned about 0.14% of Willdan Group worth $814,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp raised its position in shares of Willdan Group by 2.6% during the third quarter. State Street Corp now owns 240,265 shares of the construction company’s stock worth $9,839,000 after purchasing an additional 6,178 shares during the period. Stifel Financial Corp boosted its holdings in shares of Willdan Group by 10.1% in the third quarter. Stifel Financial Corp now owns 16,033 shares of the construction company’s stock worth $657,000 after buying an additional 1,474 shares during the period. Quadrature Capital Ltd increased its position in shares of Willdan Group by 31.4% in the third quarter. Quadrature Capital Ltd now owns 16,866 shares of the construction company’s stock worth $691,000 after acquiring an additional 4,029 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Willdan Group by 963.4% in the 3rd quarter. Point72 Asset Management L.P. now owns 8,114 shares of the construction company’s stock valued at $332,000 after acquiring an additional 7,351 shares in the last quarter. Finally, Centiva Capital LP purchased a new position in shares of Willdan Group during the third quarter valued at $367,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WLDN has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and set a $51.00 target price on shares of Willdan Group in a research note on Monday, November 4th. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th.

Insider Buying and Selling

In other news, CFO Creighton K. Early sold 4,349 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $43.13, for a total value of $187,572.37. Following the transaction, the chief financial officer now directly owns 69,146 shares of the company’s stock, valued at $2,982,266.98. The trade was a 5.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael A. Bieber sold 1,804 shares of Willdan Group stock in a transaction on Wednesday, November 6th. The shares were 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 approximately $7,963,772.44. The trade was a 1.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,787 shares of company stock valued at $936,061 over the last quarter. Corporate insiders own 9.80% of the company’s stock.

Willdan Group Price Performance

Shares of NASDAQ:WLDN opened at $38.09 on Thursday. The business’s 50 day moving average is $42.39 and its 200-day moving average is $38.59. The firm has a market capitalization of $538.02 million, a PE ratio of 23.37 and a beta of 1.36. Willdan Group, Inc. has a 1-year low of $17.23 and a 1-year 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.

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.