Campbell & CO Investment Adviser LLC Purchases New Holdings in Willdan Group, Inc. $WLDN

Campbell & CO Investment Adviser LLC acquired a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 23,991 shares of the construction company’s stock, valued at approximately $1,500,000. Campbell & CO Investment Adviser LLC owned approximately 0.17% of Willdan Group at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Concurrent Investment Advisors LLC increased its position in shares of Willdan Group by 4.5% during the second quarter. Concurrent Investment Advisors LLC now owns 7,091 shares of the construction company’s stock worth $443,000 after purchasing an additional 307 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Willdan Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock worth $307,000 after purchasing an additional 312 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Willdan Group by 3.9% during the 1st quarter. Principal Financial Group Inc. now owns 8,526 shares of the construction company’s stock worth $347,000 after purchasing an additional 319 shares during the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of Willdan Group during the second quarter worth $30,000. Finally, CWM LLC raised its position in shares of Willdan Group by 82.6% in the second quarter. CWM LLC now owns 2,042 shares of the construction company’s stock valued at $128,000 after buying an additional 924 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Willdan Group Stock Down 1.1%

Shares of NASDAQ WLDN opened at $93.12 on Wednesday. The company has a market capitalization of $1.37 billion, a P/E ratio of 38.96 and a beta of 1.26. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.43 and a quick ratio of 1.43. The company has a 50 day simple moving average of $96.40 and a 200-day simple moving average of $80.49. Willdan Group, Inc. has a 1 year low of $30.43 and a 1 year high of $121.00.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, November 6th. The construction company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.40. The company had revenue of $94.97 million during the quarter, compared to analyst estimates of $164.00 million. Willdan Group had a return on equity of 18.60% and a net margin of 5.60%. Willdan Group has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Willdan Group, Inc. will post 1.82 earnings per share for the current year.

Insider Activity

In related news, Director Thomas Donald Brisbin sold 5,182 shares of the firm’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $118.15, for a total transaction of $612,253.30. Following the completion of the sale, the director directly owned 70,696 shares of the company’s stock, valued at approximately $8,352,732.40. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Wanda Kay Reder sold 850 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $119.46, for a total transaction of $101,541.00. Following the completion of the transaction, the director directly owned 10,676 shares in the company, valued at $1,275,354.96. The trade was a 7.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 406,175 shares of company stock worth $43,729,723. 8.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a report on Thursday, October 30th. Wedbush restated an “outperform” rating and issued a $120.00 price target on shares of Willdan Group in a research report on Monday, October 6th. Finally, Roth Capital reiterated a “buy” rating and set a $103.00 price objective (up previously from $62.00) on shares of Willdan Group in a research report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $111.50.

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.