Willdan Group, Inc. (NASDAQ:WLDN) Shares Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC lifted its position in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 136.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 208,059 shares of the construction company’s stock after buying an additional 119,888 shares during the period. Nuveen Asset Management LLC owned approximately 1.47% of Willdan Group worth $7,925,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Willdan Group by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company’s stock valued at $275,000 after purchasing an additional 304 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Willdan Group by 54.5% during the fourth quarter. Lazard Asset Management LLC now owns 47,336 shares of the construction company’s stock worth $1,803,000 after purchasing an additional 16,703 shares during the last quarter. Graham Capital Management L.P. bought a new position in shares of Willdan Group during the fourth quarter worth about $213,000. Deutsche Bank AG lifted its holdings in Willdan Group by 358.0% in the fourth quarter. Deutsche Bank AG now owns 34,935 shares of the construction company’s stock worth $1,331,000 after acquiring an additional 27,308 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in Willdan Group by 40.9% in the fourth quarter. Cubist Systematic Strategies LLC now owns 86,371 shares of the construction company’s stock worth $3,290,000 after acquiring an additional 25,061 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group Stock Performance

NASDAQ WLDN opened at $54.11 on Thursday. The stock has a market cap of $784.43 million, a P/E ratio of 33.20 and a beta of 1.09. The company’s 50-day simple moving average is $42.13 and its 200 day simple moving average is $39.75. Willdan Group, Inc. has a twelve month low of $27.19 and a twelve month high of $54.26. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

WLDN has been the topic of a number of recent analyst reports. Wedbush raised Willdan Group to a “strong-buy” rating in a report on Monday, March 10th. Wall Street Zen lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th.

Insider Activity at Willdan Group

In related news, Director Thomas Donald Brisbin sold 1,626 shares of the company’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $51.54, for a total value of $83,804.04. Following the sale, the director now owns 422,454 shares of the company’s stock, valued at $21,773,279.16. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Micah Chen sold 10,000 shares of the company’s stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $48.20, for a total transaction of $482,000.00. Following the completion of the sale, the vice president now directly owns 38,502 shares in the company, valued at approximately $1,855,796.40. The trade was a 20.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 74,814 shares of company stock valued at $3,641,272 over the last quarter. 9.80% of the stock is owned by company insiders.

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.