Willdan Group, Inc. (NASDAQ:WLDN) Shares Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. lifted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 4.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,154 shares of the construction company’s stock after purchasing an additional 341 shares during the period. Navellier & Associates Inc.’s holdings in Willdan Group were worth $311,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC grew its holdings in Willdan Group by 2.4% during the 4th quarter. Inspire Investing LLC now owns 21,390 shares of the construction company’s stock worth $815,000 after acquiring an additional 501 shares in the last quarter. Rhumbline Advisers grew its holdings in Willdan Group by 2.9% during the 4th quarter. Rhumbline Advisers now owns 20,159 shares of the construction company’s stock worth $768,000 after acquiring an additional 562 shares in the last quarter. Quantbot Technologies LP acquired a new position in Willdan Group during the 3rd quarter worth approximately $26,000. Principal Financial Group Inc. grew its holdings in Willdan Group by 9.0% during the 4th quarter. Principal Financial Group Inc. now owns 8,207 shares of the construction company’s stock worth $313,000 after acquiring an additional 677 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Willdan Group by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 36,533 shares of the construction company’s stock worth $1,496,000 after acquiring an additional 964 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Wedbush reiterated an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a report on Monday, November 4th. StockNews.com upgraded shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a report on Friday.

Willdan Group Trading Down 1.5 %

Shares of Willdan Group stock opened at $32.21 on Monday. The company has a fifty day simple moving average of $36.83 and a 200-day simple moving average of $39.81. Willdan Group, Inc. has a 12-month low of $19.70 and a 12-month high of $50.00. The stock has a market cap of $454.97 million, a price-to-earnings ratio of 19.76 and a beta of 1.37. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37.

Insider Buying and Selling

In related news, CFO Creighton K. Early sold 4,349 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $43.13, for a total transaction of $187,572.37. Following the completion of the sale, the chief financial officer now owns 69,146 shares in the company, valued at $2,982,266.98. This represents a 5.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.80% of the stock is owned by company insiders.

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.