Calamos Advisors LLC Lowers Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Calamos Advisors LLC decreased its position in Willdan Group, Inc. (NASDAQ:WLDN) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,067 shares of the construction company’s stock after selling 645 shares during the period. Calamos Advisors LLC’s holdings in Willdan Group were worth $574,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in shares of Willdan Group in the third quarter worth $26,000. nVerses Capital LLC grew its stake in shares of Willdan Group by 125.0% in the third quarter. nVerses Capital LLC now owns 900 shares of the construction company’s stock worth $37,000 after acquiring an additional 500 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Willdan Group during the third quarter valued at approximately $44,000. FMR LLC lifted its position in Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company’s stock valued at $161,000 after purchasing an additional 3,048 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in Willdan Group in the third quarter worth approximately $201,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on WLDN. Wedbush reissued an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a report on Monday, November 4th. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th.

Willdan Group Stock Up 0.4 %

Shares of WLDN stock opened at $35.19 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a 12 month low of $18.78 and a 12 month high of $50.00. The stock has a market cap of $497.06 million, a P/E ratio of 21.59 and a beta of 1.37. The company has a 50 day simple moving average of $38.91 and a two-hundred day simple moving average of $39.79.

Insider Activity

In other Willdan Group news, Director Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $43.45, for a total transaction of $334,565.00. Following the transaction, the director now owns 406,704 shares of the company’s stock, valued at $17,671,288.80. The trade was a 1.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Creighton K. Early sold 4,349 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $43.13, for a total transaction of $187,572.37. Following the completion of the sale, the chief financial officer now directly owns 69,146 shares of the company’s stock, valued at approximately $2,982,266.98. This trade represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,983 shares of company stock valued at $853,329 in the last 90 days. Company insiders own 9.80% of the company’s stock.

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.