Principal Financial Group Inc. Acquires 319 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Principal Financial Group Inc. grew its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 3.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,526 shares of the construction company’s stock after purchasing an additional 319 shares during the quarter. Principal Financial Group Inc. owned about 0.06% of Willdan Group worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in WLDN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Willdan Group by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company’s stock worth $275,000 after purchasing an additional 304 shares during the period. Stifel Financial Corp boosted its position in shares of Willdan Group by 2.9% during the 4th quarter. Stifel Financial Corp now owns 16,494 shares of the construction company’s stock worth $628,000 after purchasing an additional 461 shares in the last quarter. Aquatic Capital Management LLC grew its stake in shares of Willdan Group by 10.4% in the 4th quarter. Aquatic Capital Management LLC now owns 5,410 shares of the construction company’s stock valued at $206,000 after buying an additional 510 shares during the period. Legal & General Group Plc increased its position in Willdan Group by 26.4% in 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. Finally, Price T Rowe Associates Inc. MD raised its stake in Willdan Group by 6.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,359 shares of the construction company’s stock worth $395,000 after buying an additional 626 shares during the period. Institutional investors own 72.29% of the company’s stock.

Insider Buying and Selling

In related news, CFO Creighton K. Early sold 5,000 shares of the business’s stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $53.28, for a total transaction of $266,400.00. Following the transaction, the chief financial officer directly owned 72,071 shares in the company, valued at approximately $3,839,942.88. The trade was a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Micah Chen sold 10,000 shares of the company’s stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $50.50, for a total transaction of $505,000.00. Following the completion of the sale, the vice president directly owned 38,502 shares of the company’s stock, valued at $1,944,351. The trade was a 20.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,000 shares of company stock worth $4,994,075. 8.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued an “outperform” rating on shares of Willdan Group in a research note on Thursday, July 10th.

Willdan Group Stock Performance

WLDN opened at $79.64 on Monday. Willdan Group, Inc. has a 1-year low of $30.43 and a 1-year high of $81.17. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 47.12 and a beta of 1.25. The company’s fifty day moving average price is $60.16 and its two-hundred day moving average price is $45.51. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.35.

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.