BNP Paribas Financial Markets Purchases 19,727 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

BNP Paribas Financial Markets increased its position in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 364.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,139 shares of the construction company’s stock after acquiring an additional 19,727 shares during the quarter. BNP Paribas Financial Markets owned about 0.18% of Willdan Group worth $1,029,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WLDN. Comerica Bank increased its stake in Willdan Group by 4.2% during the 1st quarter. Comerica Bank now owns 9,864 shares of the construction company’s stock valued at $286,000 after purchasing an additional 395 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Willdan Group by 4.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,107 shares of the construction company’s stock valued at $351,000 after purchasing an additional 493 shares in the last quarter. nVerses Capital LLC increased its stake in Willdan Group by 125.0% during the 3rd quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock valued at $37,000 after purchasing an additional 500 shares in the last quarter. Essex Investment Management Co. LLC increased its stake in Willdan Group by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 155,761 shares of the construction company’s stock valued at $6,378,000 after purchasing an additional 538 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in Willdan Group during the 3rd quarter valued at approximately $26,000. Institutional investors own 72.29% of the company’s stock.

Insider Activity

In related news, CEO Michael A. Bieber sold 1,804 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total transaction of $82,731.44. Following the sale, the chief executive officer now directly owns 173,654 shares of the company’s stock, valued at approximately $7,963,772.44. This represents a 1.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Creighton K. Early sold 4,349 shares of the stock in a transaction 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 sale, the chief financial officer now directly owns 69,146 shares in the company, valued at $2,982,266.98. This trade represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,387 shares of company stock valued at $280,483 in the last ninety days. Insiders own 9.80% of the company’s stock.

Wall Street Analyst Weigh In

WLDN has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th. Wedbush restated an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a research note on Monday, November 4th.

Willdan Group Stock Up 0.5 %

WLDN stock opened at $42.87 on Wednesday. The firm’s fifty day simple moving average is $43.89 and its 200-day simple moving average is $37.74. The company has a market capitalization of $605.32 million, a P/E ratio of 26.30 and a beta of 1.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. Willdan Group, Inc. has a 12 month low of $17.23 and a 12 month high of $50.00.

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.