Graham Capital Management L.P. Purchases Shares of 5,602 Willdan Group, Inc. (NASDAQ:WLDN)

Graham Capital Management L.P. acquired a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,602 shares of the construction company’s stock, valued at approximately $213,000.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in Willdan Group during the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC grew its position in 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 worth $64,000 after acquiring an additional 1,387 shares during the last quarter. Legal & General Group Plc grew its position in Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock worth $99,000 after acquiring an additional 542 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Willdan Group in the 4th quarter valued at $125,000. Finally, Quantbot Technologies LP boosted its position in Willdan Group by 626.5% in 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 during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on WLDN shares. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th. Wedbush upgraded Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th.

Insider Transactions at Willdan Group

In related news, Director Mohammad Shahidehpour sold 2,273 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total transaction 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 SEC, which can be accessed through this link. 9.80% of the stock is owned by corporate insiders.

Willdan Group Stock Up 2.9%

NASDAQ:WLDN opened at $48.63 on Monday. Willdan Group, Inc. has a 12-month low of $27.19 and a 12-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 firm has a market capitalization of $704.99 million, a P/E ratio of 29.83 and a beta of 1.09. The stock’s fifty day simple moving average is $40.47 and its 200-day simple moving average is $39.24.

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.