Wulff Hansen & CO. Purchases 370 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Wulff Hansen & CO. raised its position in Willdan Group, Inc. (NASDAQ:WLDN) by 1.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 22,821 shares of the construction company’s stock after buying an additional 370 shares during the period. Wulff Hansen & CO.’s holdings in Willdan Group were worth $869,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WLDN. Lord Abbett & CO. LLC bought a new position in Willdan Group in the third quarter valued at about $15,608,000. JPMorgan Chase & Co. raised its position in shares of Willdan Group by 82.8% during the third quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock worth $3,136,000 after acquiring an additional 34,699 shares during the last quarter. Ausbil Investment Management Ltd raised its position in shares of Willdan Group by 341.2% during the fourth quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company’s stock worth $1,463,000 after acquiring an additional 29,318 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Willdan Group by 364.5% during the third quarter. BNP Paribas Financial Markets now owns 25,139 shares of the construction company’s stock worth $1,029,000 after acquiring an additional 19,727 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Willdan Group by 23.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company’s stock worth $3,397,000 after acquiring an additional 16,832 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Willdan Group Trading Up 0.9 %

Shares of WLDN stock opened at $41.92 on Wednesday. The company has a market cap of $603.98 million, a P/E ratio of 25.72 and a beta of 1.41. The stock has a 50 day simple moving average of $35.99 and a two-hundred day simple moving average of $39.69. 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 fifty-two week low of $25.91 and a fifty-two week high of $50.00.

Insiders Place Their Bets

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the completion of the sale, the director now directly owns 12,767 shares in the company, valued at approximately $500,466.40. The trade was a 15.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 9.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WLDN. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Wedbush upgraded Willdan Group to a “strong-buy” rating in a research report 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.