Integrated Quantitative Investments LLC Buys Shares of 7,580 Willdan Group, Inc. (NASDAQ:WLDN)

Integrated Quantitative Investments LLC purchased a new position in Willdan Group, Inc. (NASDAQ:WLDN) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,580 shares of the construction company’s stock, valued at approximately $289,000. Integrated Quantitative Investments LLC owned about 0.05% of Willdan Group at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quantbot Technologies LP purchased a new position in Willdan Group in the third quarter valued at about $26,000. Farther Finance Advisors LLC bought a new stake in shares of Willdan Group in the 4th quarter valued at approximately $40,000. Meeder Asset Management Inc. bought a new position in Willdan Group during the fourth quarter valued at approximately $125,000. FMR LLC lifted its stake in Willdan Group by 343.6% in the third quarter. FMR LLC now owns 3,935 shares of the construction company’s stock valued at $161,000 after acquiring an additional 3,048 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in Willdan Group in the third quarter worth approximately $201,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 12,767 shares of the company’s stock, valued at $500,466.40. This trade represents a 15.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 9.80% of the company’s stock.

Willdan Group Price Performance

Shares of Willdan Group stock opened at $38.70 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $37.02 and a 200-day simple moving average of $39.98. The stock has a market capitalization of $557.59 million, a price-to-earnings ratio of 23.74 and a beta of 1.41. Willdan Group, Inc. has a 1-year low of $25.91 and a 1-year high of $50.00.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WLDN. Wedbush upgraded shares of Willdan Group to a “strong-buy” rating in a report on Monday, March 10th. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th.

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.