Pure Financial Advisors LLC purchased a new position in Willdan Group, Inc. (NASDAQ:WLDN – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 7,860 shares of the construction company’s stock, valued at approximately $622,000.
Several other hedge funds have also recently added to or reduced their stakes in WLDN. Transamerica Financial Advisors LLC grew its holdings in shares of Willdan Group by 203.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after buying an additional 244 shares in the last quarter. Leonteq Securities AG acquired a new position in Willdan Group during the first quarter worth about $29,000. International Assets Investment Management LLC purchased a new stake in Willdan Group during the 4th quarter valued at about $47,000. NewEdge Advisors LLC acquired a new stake in Willdan Group in the 3rd quarter valued at about $48,000. Finally, State of Wyoming raised its holdings in Willdan Group by 104.0% in the 1st quarter. State of Wyoming now owns 720 shares of the construction company’s stock valued at $55,000 after acquiring an additional 367 shares during the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.
Willdan Group Stock Up 0.6%
NASDAQ:WLDN opened at $85.94 on Thursday. Willdan Group, Inc. has a 52 week low of $64.67 and a 52 week high of $137.00. The stock’s fifty day moving average is $78.29 and its two-hundred day moving average is $85.66. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 20.17 and a beta of 1.14. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on WLDN shares. Wedbush restated an “outperform” rating and issued a $130.00 price target on shares of Willdan Group in a research report on Tuesday, August 18th. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $127.50.
Get Our Latest Analysis on Willdan Group
About Willdan Group
Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.
Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.
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