Mount Yale Investment Advisors LLC Makes New $201,000 Investment in Willdan Group, Inc. (NASDAQ:WLDN)

Mount Yale Investment Advisors LLC purchased a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,926 shares of the construction company’s stock, valued at approximately $201,000. Mount Yale Investment Advisors LLC owned 0.05% of Willdan Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. Acadian Asset Management LLC lifted its holdings in Willdan Group by 168.3% in the first quarter. Acadian Asset Management LLC now owns 2,750 shares of the construction company’s stock valued at $78,000 after buying an additional 1,725 shares during the period. EntryPoint Capital LLC bought a new stake in Willdan Group in the 1st quarter worth about $90,000. SG Americas Securities LLC grew its position in Willdan Group by 27.2% in the 4th quarter. SG Americas Securities LLC now owns 6,776 shares of the construction company’s stock worth $146,000 after purchasing an additional 1,448 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Willdan Group by 82.5% in the first quarter. BNP Paribas Financial Markets now owns 6,080 shares of the construction company’s stock valued at $176,000 after acquiring an additional 2,748 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Willdan Group by 73.6% in the first quarter. Lazard Asset Management LLC now owns 6,800 shares of the construction company’s stock valued at $197,000 after acquiring an additional 2,882 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Buying and Selling at Willdan Group

In other Willdan Group news, major shareholder Fund L.P. Forager sold 86,483 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $31.25, for a total transaction of $2,702,593.75. Following the completion of the sale, the insider now owns 1,641,258 shares of the company’s stock, valued at approximately $51,289,312.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Willdan Group news, CEO Michael A. Bieber sold 3,333 shares of the stock in a transaction on Monday, June 10th. The shares were sold at an average price of $31.03, for a total transaction of $103,422.99. Following the completion of the sale, the chief executive officer now owns 164,361 shares of the company’s stock, valued at approximately $5,100,121.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Fund L.P. Forager sold 86,483 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $31.25, for a total transaction of $2,702,593.75. Following the sale, the insider now directly owns 1,641,258 shares of the company’s stock, valued at approximately $51,289,312.50. The disclosure for this sale can be found here. Insiders sold 460,333 shares of company stock valued at $14,110,383 in the last quarter. Company insiders own 9.80% of the company’s stock.

Willdan Group Price Performance

NASDAQ WLDN traded up $0.06 on Tuesday, hitting $33.58. The stock had a trading volume of 2,982 shares, compared to its average volume of 62,531. Willdan Group, Inc. has a 52-week low of $17.09 and a 52-week high of $34.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market capitalization of $464.08 million, a price-to-earnings ratio of 36.04 and a beta of 1.39. The firm has a 50-day moving average of $31.04 and a 200-day moving average of $26.99.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.20. Willdan Group had a net margin of 2.44% and a return on equity of 10.62%. The firm had revenue of $122.49 million for the quarter, compared to analyst estimates of $114.02 million. Equities analysts expect that Willdan Group, Inc. will post 1.54 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Wedbush restated an “outperform” rating and set a $35.00 price target on shares of Willdan Group in a research note on Monday, May 6th. StockNews.com cut shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Friday.

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.