Goldman Sachs Group Inc. boosted its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 52.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 65,794 shares of the construction company’s stock after buying an additional 22,661 shares during the period. Goldman Sachs Group Inc. owned approximately 0.76% of Willdan Group worth $2,010,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in the business. Renaissance Technologies LLC raised its holdings in Willdan Group by 0.6% during the 2nd quarter. Renaissance Technologies LLC now owns 475,700 shares of the construction company’s stock worth $14,533,000 after buying an additional 2,984 shares during the period. Dimensional Fund Advisors LP raised its holdings in Willdan Group by 7.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 408,688 shares of the construction company’s stock worth $12,485,000 after buying an additional 30,030 shares during the period. Vanguard Group Inc. raised its holdings in Willdan Group by 12.8% during the 2nd quarter. Vanguard Group Inc. now owns 306,407 shares of the construction company’s stock worth $9,361,000 after buying an additional 34,791 shares during the period. Eagle Asset Management Inc. acquired a new stake in Willdan Group during the 2nd quarter worth approximately $5,417,000. Finally, Thrivent Financial For Lutherans acquired a new stake in Willdan Group during the 2nd quarter worth approximately $5,331,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.
WLDN has been the topic of several research analyst reports. BidaskClub downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Wedbush restated an “outperform” rating on shares of Willdan Group in a report on Wednesday, July 12th. ValuEngine upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Seaport Global Securities restated a “buy” rating and set a $37.00 target price on shares of Willdan Group in a report on Wednesday, October 11th. Finally, Zacks Investment Research upgraded shares of Willdan Group from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Thursday, October 19th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $36.50.
In other Willdan Group news, insider Marc Tipermas sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $35.78, for a total value of $178,900.00. Following the transaction, the insider now directly owns 43,333 shares of the company’s stock, valued at $1,550,454.74. The sale was disclosed in a legal filing with the SEC, which is available through this link. 13.30% of the stock is currently owned by insiders.
Shares of Willdan Group, Inc. (NASDAQ WLDN) opened at 30.06 on Wednesday. The firm’s 50-day moving average is $30.78 and its 200 day moving average is $31.54. The firm has a market capitalization of $260.41 million, a P/E ratio of 26.72 and a beta of 1.30. Willdan Group, Inc. has a one year low of $15.95 and a one year high of $36.87.
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Willdan Group Profile
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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