Willdan Group, Inc. (NASDAQ:WLDN) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Tuesday.

WLDN has been the subject of a number of other research reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Willdan Group in a research note on Friday, June 2nd. Wedbush reissued an “outperform” rating on shares of Willdan Group in a research report on Wednesday, July 12th. Finally, Zacks Investment Research lowered shares of Willdan Group from a “hold” rating to a “sell” rating in a report on Thursday, May 11th.

Shares of Willdan Group (NASDAQ WLDN) traded down 0.493% during mid-day trading on Tuesday, reaching $33.275. 50,442 shares of the company’s stock were exchanged. Willdan Group has a 52-week low of $10.21 and a 52-week high of $36.39. The firm has a market cap of $286.43 million, a P/E ratio of 29.317 and a beta of 1.31. The company has a 50 day moving average price of $31.61 and a 200 day moving average price of $30.35.

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In other Willdan Group news, Director Raymond W. Holdsworth, Jr. acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The shares were bought at an average price of $30.39 per share, with a total value of $30,390.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Marc Tipermas sold 4,714 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $31.05, for a total transaction of $146,369.70. Following the completion of the transaction, the insider now directly owns 48,333 shares in the company, valued at approximately $1,500,739.65. The disclosure for this sale can be found here. Company insiders own 13.30% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. Thomson Horstmann & Bryant Inc. purchased a new position in Willdan Group during the second quarter valued at approximately $2,779,000. Tower Research Capital LLC TRC purchased a new position in shares of Willdan Group during the first quarter worth approximately $105,000. Goldman Sachs Group Inc. increased its position in shares of Willdan Group by 121.7% in the first quarter. Goldman Sachs Group Inc. now owns 43,133 shares of the construction company’s stock worth $1,391,000 after buying an additional 23,674 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of Willdan Group during the first quarter worth approximately $248,000. Finally, Highbridge Capital Management LLC purchased a new position in shares of Willdan Group during the first quarter worth approximately $627,000. 47.88% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group Company Profile

Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.

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