Willdan Group, Inc. (NASDAQ:WLDN) is Bard Associates Inc.’s 7th Largest Position

Bard Associates Inc. trimmed its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 0.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 134,682 shares of the construction company’s stock after selling 666 shares during the period. Willdan Group accounts for about 1.7% of Bard Associates Inc.’s portfolio, making the stock its 7th largest position. Bard Associates Inc.’s holdings in Willdan Group were worth $5,130,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Lord Abbett & CO. LLC bought a new stake in Willdan Group during the 3rd quarter valued at approximately $15,608,000. JPMorgan Chase & Co. raised its position in shares of Willdan Group by 82.8% during the third quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock valued at $3,136,000 after buying an additional 34,699 shares during the last quarter. Ausbil Investment Management Ltd lifted its holdings in shares of Willdan Group by 341.2% in the fourth quarter. Ausbil Investment Management Ltd now owns 37,910 shares of the construction company’s stock worth $1,463,000 after buying an additional 29,318 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Willdan Group by 364.5% during the third quarter. BNP Paribas Financial Markets now owns 25,139 shares of the construction company’s stock valued at $1,029,000 after acquiring an additional 19,727 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in Willdan Group by 23.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company’s stock valued at $3,397,000 after acquiring an additional 16,832 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

WLDN has been the subject of several research reports. Wedbush reissued an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a report on Monday, November 4th. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Monday.

Willdan Group Price Performance

WLDN stock opened at $31.48 on Tuesday. Willdan Group, Inc. has a 52 week low of $19.70 and a 52 week high of $50.00. The firm has a market capitalization of $444.66 million, a P/E ratio of 19.31 and a beta of 1.37. The company has a fifty day simple moving average of $36.13 and a two-hundred day simple moving average of $39.70. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Insider Activity at Willdan Group

In other Willdan Group news, CFO Creighton K. Early sold 4,349 shares of the company’s stock in a transaction that occurred 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 represents a 5.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 9.80% of the stock is owned by insiders.

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.