BidaskClub cut shares of Willdan Group, Inc. (NASDAQ:WLDN) from a strong-buy rating to a buy rating in a report issued on Tuesday.

Several other equities analysts have also weighed in on WLDN. Canaccord Genuity started coverage on shares of Willdan Group in a report on Thursday, March 30th. They issued a buy rating on the stock. Zacks Investment Research lowered shares of Willdan Group from a hold rating to a sell rating in a report on Thursday, May 11th. Finally, Wedbush restated an outperform rating and issued a $40.00 price objective (up from $35.00) on shares of Willdan Group in a report on Friday, May 12th.

Willdan Group (NASDAQ WLDN) traded up 2.76% on Tuesday, reaching $34.21. 79,813 shares of the company’s stock traded hands. Willdan Group has a 52-week low of $10.21 and a 52-week high of $36.39. The firm’s 50 day moving average price is $31.62 and its 200 day moving average price is $30.56. The firm has a market capitalization of $294.48 million, a PE ratio of 30.14 and a beta of 1.31.

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In other Willdan Group news, COO Daniel Chow sold 1,203 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $30.43, for a total value of $36,607.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Raymond W. Holdsworth, Jr. bought 1,000 shares of the stock in a transaction on Tuesday, May 9th. The stock was purchased at an average cost of $31.70 per share, with a total value of $31,700.00. The disclosure for this purchase can be found here. Corporate insiders own 13.30% of the company’s stock.

Large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. purchased a new stake in shares of Willdan Group during the fourth quarter valued at approximately $479,000. Dimensional Fund Advisors LP increased its stake in shares of Willdan Group by 22.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 302,315 shares of the construction company’s stock valued at $6,829,000 after buying an additional 56,149 shares during the last quarter. Creative Planning purchased a new stake in shares of Willdan Group during the first quarter valued at approximately $107,000. Rice Hall James & Associates LLC purchased a new stake in shares of Willdan Group during the first quarter valued at approximately $317,000. Finally, Navellier & Associates Inc increased its stake in shares of Willdan Group by 108.4% in the first quarter. Navellier & Associates Inc now owns 30,364 shares of the construction company’s stock valued at $980,000 after buying an additional 15,792 shares during the last quarter. 47.88% of the stock is owned by hedge funds and other institutional investors.

About Willdan Group

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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