Willdan Group, Inc. (NASDAQ:WLDN) Shares Bought by Navellier & Associates Inc.

Navellier & Associates Inc. grew its stake in Willdan Group, Inc. (NASDAQ:WLDN) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,154 shares of the construction company’s stock after purchasing an additional 341 shares during the quarter. Navellier & Associates Inc. owned approximately 0.06% of Willdan Group worth $311,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of WLDN. Allspring Global Investments Holdings LLC acquired a new stake in shares of Willdan Group in the third quarter valued at about $2,970,000. Mount Yale Investment Advisors LLC acquired a new stake in shares of Willdan Group in the third quarter valued at about $284,000. Semanteon Capital Management LP acquired a new stake in shares of Willdan Group in the third quarter valued at about $579,000. Principal Financial Group Inc. acquired a new stake in shares of Willdan Group in the third quarter valued at about $308,000. Finally, Los Angeles Capital Management LLC grew its position in shares of Willdan Group by 28.9% in the third quarter. Los Angeles Capital Management LLC now owns 54,902 shares of the construction company’s stock valued at $2,248,000 after purchasing an additional 12,304 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Willdan Group Stock Performance

NASDAQ:WLDN opened at $32.21 on Monday. The company’s 50-day moving average price is $36.83 and its 200-day moving average price is $39.81. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The company has a market cap of $454.97 million, a P/E ratio of 19.76 and a beta of 1.37. Willdan Group, Inc. has a twelve month low of $19.70 and a twelve month high of $50.00.

Insider Transactions at Willdan Group

In other Willdan Group news, CFO Creighton K. Early sold 4,349 shares of Willdan Group stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $43.13, for a total transaction of $187,572.37. Following the transaction, the chief financial officer now directly owns 69,146 shares of the company’s stock, valued at $2,982,266.98. The trade was a 5.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.80% of the company’s stock.

Analysts Set New Price Targets

WLDN has been the topic of several research analyst reports. Wedbush reiterated an “outperform” rating and issued a $51.00 target price on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com raised shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a research note on Friday.

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.