Bard Associates Inc. Has $5.13 Million Position in Willdan Group, Inc. (NASDAQ:WLDN)

Bard Associates Inc. reduced its position in Willdan Group, Inc. (NASDAQ:WLDN) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 134,682 shares of the construction company’s stock after selling 666 shares during the period. Willdan Group comprises approximately 1.7% of Bard Associates Inc.’s holdings, making the stock its 7th largest position. Bard Associates Inc. owned approximately 0.95% of Willdan Group worth $5,130,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WLDN. Quantbot Technologies LP bought a new stake in shares of Willdan Group in the third quarter worth approximately $26,000. FMR LLC grew its position in 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 purchasing an additional 3,048 shares during the period. The Manufacturers Life Insurance Company bought a new stake in Willdan Group in the 3rd quarter worth approximately $201,000. Intech Investment Management LLC purchased a new stake in Willdan Group during the 3rd quarter valued at $208,000. Finally, Principal Financial Group Inc. bought a new position in shares of Willdan Group during the 3rd quarter valued at $308,000. 72.29% of the stock is owned by institutional investors.

Willdan Group Trading Down 3.7 %

Shares of WLDN stock opened at $31.48 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The company has a market cap of $444.66 million, a price-to-earnings ratio of 19.31 and a beta of 1.37. Willdan Group, Inc. has a 1 year low of $19.70 and a 1 year high of $50.00. The firm has a fifty day moving average price of $36.13 and a 200-day moving average price of $39.70.

Insider Activity at Willdan Group

In related 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 transaction of $187,572.37. Following the completion of the transaction, the chief financial officer now directly owns 69,146 shares in the company, valued at approximately $2,982,266.98. The trade was a 5.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 9.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Monday. Wedbush reaffirmed an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a research report on Monday, November 4th.

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.