7,580 Shares in Willdan Group, Inc. (NASDAQ:WLDN) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,580 shares of the construction company’s stock, valued at approximately $289,000.

Other hedge funds also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in Willdan Group in the 3rd quarter valued at $26,000. Farther Finance Advisors LLC bought a new position in shares of Willdan Group during the fourth quarter valued at $40,000. Meeder Asset Management Inc. acquired a new stake in shares of Willdan Group in the 4th quarter valued at $125,000. FMR LLC grew its holdings in shares of 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 last quarter. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Willdan Group during the 3rd quarter worth about $201,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Willdan Group Stock Down 4.2 %

Shares of NASDAQ:WLDN opened at $38.70 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The firm has a market cap of $557.59 million, a P/E ratio of 23.74 and a beta of 1.41. Willdan Group, Inc. has a 12 month low of $25.91 and a 12 month high of $50.00. The company’s 50-day moving average price is $37.02 and its two-hundred day moving average price is $39.98.

Insider Activity

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total transaction of $89,101.60. Following the transaction, the director now owns 12,767 shares of the company’s stock, valued at approximately $500,466.40. This represents a 15.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WLDN shares. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th. Wedbush upgraded Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th.

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.