Willdan Group, Inc. $WLDN Shares Sold by Summit Creek Advisors LLC

Summit Creek Advisors LLC cut its position in Willdan Group, Inc. (NASDAQ:WLDNFree Report) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,188 shares of the construction company’s stock after selling 13,235 shares during the quarter. Willdan Group accounts for 2.8% of Summit Creek Advisors LLC’s holdings, making the stock its 4th largest holding. Summit Creek Advisors LLC’s holdings in Willdan Group were worth $17,538,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WLDN. SBI Securities Co. Ltd. grew its stake in shares of Willdan Group by 1,915.4% in the third quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock valued at $25,000 after buying an additional 249 shares in the last quarter. Spire Wealth Management acquired a new stake in shares of Willdan Group in the fourth quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willdan Group in the fourth quarter valued at $28,000. International Assets Investment Management LLC acquired a new stake in shares of Willdan Group in the fourth quarter valued at $47,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Willdan Group in the third quarter valued at $48,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on WLDN. Weiss Ratings cut Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Wall Street Zen cut Willdan Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Wedbush began coverage on Willdan Group in a research note on Thursday, April 9th. They issued an “outperform” rating and a $110.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.67.

Get Our Latest Report on Willdan Group

Willdan Group Trading Up 4.4%

WLDN opened at $92.60 on Thursday. Willdan Group, Inc. has a 12 month low of $49.74 and a 12 month high of $137.00. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 24.96 and a beta of 1.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.68 and a quick ratio of 1.68. The business has a fifty day moving average price of $80.42 and a 200 day moving average price of $98.58.

Willdan Group (NASDAQ:WLDNGet Free Report) last released its earnings results on Thursday, May 7th. The construction company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.81 by $0.10. Willdan Group had a return on equity of 23.36% and a net margin of 8.24%.The firm had revenue of $92.43 million during the quarter, compared to analysts’ expectations of $92.17 million. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. Sell-side analysts expect that Willdan Group, Inc. will post 3.88 earnings per share for the current fiscal year.

Insider Buying and Selling at Willdan Group

In related news, CEO Michael A. Bieber sold 56,676 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $91.58, for a total transaction of $5,190,388.08. Following the completion of the transaction, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at $22,851,499.50. The trade was a 18.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven A. Cohen sold 6,000 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $81.82, for a total value of $490,920.00. Following the transaction, the director directly owned 20,849 shares of the company’s stock, valued at $1,705,865.18. The trade was a 22.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 72,667 shares of company stock valued at $6,606,974 over the last three months. 5.60% of the stock is currently owned by insiders.

Willdan Group Company Profile

(Free Report)

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.

Further Reading

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

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