Geode Capital Management LLC Has $12.08 Million Stock Position in Willdan Group, Inc. (NASDAQ:WLDN)

Geode Capital Management LLC grew its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 0.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 294,797 shares of the construction company’s stock after acquiring an additional 1,514 shares during the quarter. Geode Capital Management LLC’s holdings in Willdan Group were worth $12,075,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. DekaBank Deutsche Girozentrale bought a new stake in Willdan Group during the second quarter worth about $707,000. Los Angeles Capital Management LLC grew its stake in shares of Willdan Group by 28.9% during the third quarter. Los Angeles Capital Management LLC now owns 54,902 shares of the construction company’s stock worth $2,248,000 after buying an additional 12,304 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Willdan Group in the 3rd quarter worth about $2,970,000. FMR LLC raised its holdings in Willdan Group by 343.6% in the 3rd quarter. FMR LLC now owns 3,935 shares of the construction company’s stock valued at $161,000 after buying an additional 3,048 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Willdan Group by 52.9% during the second quarter. Marshall Wace LLP now owns 78,110 shares of the construction company’s stock worth $2,253,000 after purchasing an additional 27,009 shares during the period. 72.29% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Michael A. Bieber sold 1,804 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total value of $82,731.44. Following the transaction, the chief executive officer now directly owns 173,654 shares of the company’s stock, valued at approximately $7,963,772.44. The trade was a 1.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Creighton K. Early sold 4,349 shares of Willdan Group 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 completion of the sale, the chief financial officer now directly owns 69,146 shares in the company, valued at $2,982,266.98. This trade represents a 5.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,787 shares of company stock worth $936,061 over the last quarter. Insiders own 9.80% of the company’s stock.

Willdan Group Stock Down 0.7 %

WLDN stock opened at $38.09 on Wednesday. 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 $538.02 million, a PE ratio of 23.37 and a beta of 1.36. The stock’s 50 day moving average is $42.51 and its 200-day moving average is $38.59. Willdan Group, Inc. has a twelve month low of $17.23 and a twelve month high of $50.00.

Analysts Set New Price Targets

A number of research firms have weighed in on WLDN. StockNews.com downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th. Wedbush restated an “outperform” rating and set a $51.00 price objective on shares of Willdan Group in a report on Monday, November 4th.

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.