Two Sigma Investments LP Reduces Position in Willdan Group, Inc. (NASDAQ:WLDN)

Two Sigma Investments LP lessened its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,477 shares of the construction company’s stock after selling 1,486 shares during the quarter. Two Sigma Investments LP owned approximately 0.18% of Willdan Group worth $970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of WLDN. Farther Finance Advisors LLC purchased a new position in shares of Willdan Group during the 4th quarter worth $40,000. Tower Research Capital LLC TRC lifted its stake in shares of Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock valued at $64,000 after buying an additional 1,387 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock valued at $99,000 after buying an additional 542 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Willdan Group during the 4th quarter valued at $125,000. Finally, Quantbot Technologies LP lifted its stake in shares of Willdan Group by 626.5% during the 4th quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company’s stock valued at $172,000 after buying an additional 3,903 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Buying and Selling at Willdan Group

In other news, Director Thomas Donald Brisbin sold 22,459 shares of the business’s stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $52.34, for a total value of $1,175,504.06. Following the sale, the director now directly owns 422,454 shares in the company, valued at $22,111,242.36. The trade was a 5.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Creighton K. Early sold 5,000 shares of the business’s stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total transaction of $266,400.00. Following the completion of the sale, the chief financial officer now owns 72,071 shares in the company, valued at approximately $3,839,942.88. This trade represents a 6.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 102,273 shares of company stock worth $5,083,176. Insiders own 8.60% of the company’s stock.

Willdan Group Stock Up 2.4%

WLDN opened at $56.99 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. Willdan Group, Inc. has a fifty-two week low of $27.19 and a fifty-two week high of $57.24. The firm’s fifty day moving average is $44.07 and its 200 day moving average is $40.32. The stock has a market cap of $826.18 million, a price-to-earnings ratio of 34.96 and a beta of 1.23.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WLDN. Wedbush upgraded shares of Willdan Group to a “strong-buy” rating in a research note on Monday, March 10th. Wall Street Zen cut shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th.

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.