Willdan Group, Inc. (NASDAQ:WLDN) is Bard Associates Inc.’s 5th Largest Position

Bard Associates Inc. trimmed its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 1.6% during the third quarter, HoldingsChannel reports. The fund owned 135,348 shares of the construction company’s stock after selling 2,150 shares during the quarter. Willdan Group comprises approximately 1.9% of Bard Associates Inc.’s holdings, making the stock its 5th largest position. Bard Associates Inc.’s holdings in Willdan Group were worth $5,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WLDN. Wulff Hansen & CO. grew its position in shares of Willdan Group by 2,785.0% in the second quarter. Wulff Hansen & CO. now owns 668,310 shares of the construction company’s stock valued at $19,281,000 after purchasing an additional 645,145 shares during the last quarter. Swedbank AB bought a new stake in Willdan Group during the 1st quarter worth approximately $12,628,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Willdan Group in the third quarter worth approximately $2,970,000. Acadian Asset Management LLC lifted its stake in shares of Willdan Group by 1,905.2% in the 2nd quarter. Acadian Asset Management LLC now owns 55,144 shares of the construction company’s stock valued at $1,588,000 after purchasing an additional 52,394 shares during the period. Finally, Renaissance Technologies LLC increased its position in Willdan Group by 339.9% in the 2nd quarter. Renaissance Technologies LLC now owns 55,426 shares of the construction company’s stock valued at $1,599,000 after buying an additional 42,826 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Willdan Group

In other news, CEO Michael A. Bieber sold 1,804 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $45.86, for a total transaction of $82,731.44. Following the transaction, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on WLDN shares. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th. Roth Mkm boosted their target price on shares of Willdan Group from $34.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Wedbush restated an “outperform” rating and issued a $51.00 price target on shares of Willdan Group in a research report on Monday, November 4th.

Willdan Group Stock Down 3.2 %

NASDAQ WLDN opened at $42.44 on Friday. The company has a 50 day moving average of $42.55 and a 200-day moving average of $36.20. 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. The company has a market cap of $599.25 million, a price-to-earnings ratio of 26.04 and a beta of 1.39.

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.