Sei Investments Co. Has $1.34 Million Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Sei Investments Co. raised its stake in Willdan Group, Inc. (NASDAQ:WLDN) by 70.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,119 shares of the construction company’s stock after buying an additional 14,458 shares during the quarter. Sei Investments Co.’s holdings in Willdan Group were worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in WLDN. Lord Abbett & CO. LLC acquired a new stake in shares of Willdan Group in the 3rd quarter valued at approximately $15,608,000. Geode Capital Management LLC increased its stake in Willdan Group by 0.5% in the third quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock valued at $12,075,000 after purchasing an additional 1,514 shares in the last quarter. State Street Corp raised its holdings in Willdan Group by 2.6% in the third quarter. State Street Corp now owns 240,265 shares of the construction company’s stock worth $9,839,000 after purchasing an additional 6,178 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Willdan Group by 23.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 89,354 shares of the construction company’s stock worth $3,397,000 after purchasing an additional 16,832 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Willdan Group by 82.8% in the 3rd 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 period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WLDN. Wedbush raised Willdan Group to a “strong-buy” rating in a research note on Monday, March 10th. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th.

Insider Buying and Selling

In related news, Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, the director now owns 12,767 shares of the company’s stock, valued at approximately $500,466.40. This trade represents a 15.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 9.80% of the company’s stock.

Willdan Group Stock Down 4.2 %

Willdan Group stock opened at $38.70 on Monday. Willdan Group, Inc. has a twelve month low of $25.91 and a twelve month high of $50.00. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $37.02 and a 200-day moving average of $39.99. The stock has a market capitalization of $557.59 million, a PE ratio of 23.74 and a beta of 1.12.

Willdan Group 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.