Summit Creek Advisors LLC Purchases 6,119 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Summit Creek Advisors LLC increased its position in Willdan Group, Inc. (NASDAQ:WLDN) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 365,153 shares of the construction company’s stock after purchasing an additional 6,119 shares during the period. Willdan Group makes up approximately 1.8% of Summit Creek Advisors LLC’s holdings, making the stock its 28th biggest position. Summit Creek Advisors LLC’s holdings in Willdan Group were worth $13,909,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Lord Abbett & CO. LLC bought a new position in Willdan Group in the 3rd quarter worth about $15,608,000. JPMorgan Chase & Co. raised its position in Willdan Group by 82.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock worth $3,136,000 after buying an additional 34,699 shares during the last quarter. Franklin Resources Inc. purchased a new position in Willdan Group in the 3rd quarter worth about $351,000. Geode Capital Management LLC raised its position in Willdan Group by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock worth $12,075,000 after buying an additional 1,514 shares during the last quarter. Finally, Barclays PLC raised its position in Willdan Group by 245.7% in the 3rd quarter. Barclays PLC now owns 17,301 shares of the construction company’s stock worth $708,000 after buying an additional 12,297 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Insider Activity

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

Analyst Upgrades and Downgrades

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

Willdan Group Price Performance

NASDAQ WLDN opened at $41.96 on Monday. Willdan Group, Inc. has a 52 week low of $25.91 and a 52 week high of $50.00. The firm has a market capitalization of $604.56 million, a P/E ratio of 25.74 and a beta of 1.41. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $36.38 and a 200-day moving average price of $39.78.

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.