Bard Associates Inc. Has $5.54 Million Stake in Willdan Group, Inc. (NASDAQ:WLDN)

Bard Associates Inc. reduced its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 135,348 shares of the construction company’s stock after selling 2,150 shares during the period. Willdan Group makes up approximately 1.9% of Bard Associates Inc.’s holdings, making the stock its 5th biggest holding. Bard Associates Inc. owned 0.96% of Willdan Group worth $5,543,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Quadrature Capital Ltd lifted its holdings in Willdan Group by 85.6% during the 1st quarter. Quadrature Capital Ltd now owns 46,531 shares of the construction company’s stock worth $1,339,000 after buying an additional 21,459 shares during the period. Swedbank AB purchased a new stake in shares of Willdan Group in the first quarter worth $12,628,000. Tidal Investments LLC purchased a new stake in Willdan Group during the first quarter valued at about $1,239,000. DekaBank Deutsche Girozentrale purchased a new stake in Willdan Group during the second quarter valued at about $707,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Willdan Group during the third quarter valued at approximately $2,970,000. Institutional investors own 72.29% of the company’s stock.

Willdan Group Price Performance

Shares of WLDN opened at $42.44 on Friday. The stock’s fifty day moving average is $42.55 and its 200-day moving average is $36.20. The firm has a market capitalization of $599.25 million, a price-to-earnings ratio of 26.04 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. Willdan Group, Inc. has a one year low of $17.23 and a one year high of $50.00.

Insider Buying and Selling at Willdan Group

In other news, CEO Michael A. Bieber sold 1,804 shares of Willdan Group stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total transaction of $82,731.44. Following the transaction, the chief executive officer now owns 173,654 shares in the company, valued at $7,963,772.44. This trade represents a 1.03 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 9.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on WLDN. Wedbush reaffirmed an “outperform” rating and issued a $51.00 price target on shares of Willdan Group in a report on Monday, November 4th. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th. Finally, Roth Mkm lifted their target price on Willdan Group from $34.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, August 2nd.

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.