Sherbrooke Park Advisers LLC Invests $375,000 in Willdan Group, Inc. (NASDAQ:WLDN)

Sherbrooke Park Advisers LLC bought a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the fourth quarter, Holdings Channel.com reports. The fund bought 9,839 shares of the construction company’s stock, valued at approximately $375,000.

A number of other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in Willdan Group during the fourth quarter worth $40,000. Tower Research Capital LLC TRC grew its holdings in Willdan Group by 470.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock worth $64,000 after buying an additional 1,387 shares in the last quarter. Legal & General Group Plc grew its holdings in Willdan Group by 26.4% during the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock worth $99,000 after buying an additional 542 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Willdan Group during the fourth quarter worth $125,000. Finally, Quantbot Technologies LP grew its holdings in Willdan Group by 626.5% during the fourth quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company’s stock worth $172,000 after buying an additional 3,903 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WLDN shares. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 19th. Wedbush upgraded Willdan Group to a “strong-buy” rating in a report on Monday, March 10th.

Willdan Group Stock Up 2.9%

Shares of NASDAQ:WLDN opened at $48.63 on Monday. The company has a market capitalization of $704.99 million, a PE ratio of 29.83 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The business has a fifty day moving average price of $40.47 and a two-hundred day moving average price of $39.24. Willdan Group, Inc. has a 1 year low of $27.19 and a 1 year high of $50.00.

Insider Buying and Selling at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the completion of the transaction, the director now owns 12,767 shares in the company, valued at $500,466.40. This represents a 15.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 9.80% of the company’s stock.

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.