EntryPoint Capital LLC Purchases Shares of 11,590 Willdan Group, Inc. (NASDAQ:WLDN)

EntryPoint Capital LLC acquired a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,590 shares of the construction company’s stock, valued at approximately $441,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WLDN. Quantbot Technologies LP bought a new position in Willdan Group during the 3rd quarter valued at about $26,000. Farther Finance Advisors LLC acquired a new stake in shares of Willdan Group during the fourth quarter worth approximately $40,000. FMR LLC increased its holdings in shares of Willdan Group by 343.6% during the third quarter. FMR LLC now owns 3,935 shares of the construction company’s stock worth $161,000 after buying an additional 3,048 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Willdan Group in the 3rd quarter worth approximately $201,000. Finally, Moran Wealth Management LLC bought a new stake in Willdan Group during the 4th quarter worth approximately $201,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Willdan Group Price Performance

WLDN opened at $41.73 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a market capitalization of $601.25 million, a P/E ratio of 25.60 and a beta of 1.41. The company’s 50 day simple moving average is $36.62 and its 200-day simple moving average is $39.84. Willdan Group, Inc. has a one year low of $25.91 and a one year high of $50.00.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 19th. Wedbush raised Willdan Group to a “strong-buy” rating in a report on Monday, March 10th.

Insider Buying and Selling at Willdan Group

In other Willdan Group 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 transaction, the director now directly owns 12,767 shares in the company, valued at approximately $500,466.40. This represents a 15.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 9.80% of the company’s stock.

About Willdan Group

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.