Willdan Group, Inc. (NASDAQ:WLDN) Shares Acquired by Summit Creek Advisors LLC

Summit Creek Advisors LLC raised its stake in shares of Willdan Group, Inc. (NASDAQ:WLDNGet Rating) by 0.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 385,406 shares of the construction company’s stock after purchasing an additional 1,502 shares during the quarter. Summit Creek Advisors LLC owned about 2.92% of Willdan Group worth $11,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WLDN. Mutual of America Capital Management LLC increased its stake in shares of Willdan Group by 10.8% in the fourth quarter. Mutual of America Capital Management LLC now owns 96,086 shares of the construction company’s stock worth $3,382,000 after acquiring an additional 9,388 shares during the period. Victory Capital Management Inc. increased its stake in shares of Willdan Group by 21.7% in the fourth quarter. Victory Capital Management Inc. now owns 105,153 shares of the construction company’s stock worth $3,701,000 after acquiring an additional 18,743 shares during the period. Northern Trust Corp increased its stake in shares of Willdan Group by 40.6% in the fourth quarter. Northern Trust Corp now owns 193,697 shares of the construction company’s stock worth $6,817,000 after acquiring an additional 55,950 shares during the period. First Trust Advisors LP increased its stake in shares of Willdan Group by 48.6% in the fourth quarter. First Trust Advisors LP now owns 36,382 shares of the construction company’s stock worth $1,281,000 after acquiring an additional 11,905 shares during the period. Finally, Handelsbanken Fonder AB increased its stake in shares of Willdan Group by 3.8% in the fourth quarter. Handelsbanken Fonder AB now owns 1,035,077 shares of the construction company’s stock worth $36,435,000 after acquiring an additional 37,647 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock.

Willdan Group Stock Performance

NASDAQ:WLDN opened at $27.50 on Friday. Willdan Group, Inc. has a 1-year low of $23.11 and a 1-year high of $43.22. The company’s fifty day moving average price is $26.46 and its 200-day moving average price is $28.49. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.57.

Willdan Group (NASDAQ:WLDNGet Rating) last announced its quarterly earnings results on Thursday, May 5th. The construction company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.06. Willdan Group had a negative net margin of 2.12% and a positive return on equity of 2.06%. The firm had revenue of $91.84 million for the quarter, compared to the consensus estimate of $91.26 million. During the same period in the prior year, the firm posted ($0.08) earnings per share. As a group, analysts anticipate that Willdan Group, Inc. will post 0.49 EPS for the current year.

Insider Buying and Selling

In related news, Director Dennis V. Mcginn sold 3,000 shares of the stock in a transaction on Monday, June 6th. The shares were sold at an average price of $26.81, for a total transaction of $80,430.00. Following the sale, the director now directly owns 8,425 shares of the company’s stock, valued at $225,874.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 12.30% of the stock is currently owned by insiders.

Willdan Group Profile

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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, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services, as well as software and data analytics.

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Institutional Ownership by Quarter for Willdan Group (NASDAQ:WLDN)

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