Willdan Group, Inc. (NASDAQ:WLDN)‘s stock had its “buy” rating restated by analysts at Seaport Global Securities in a note issued to investors on Wednesday. They currently have a $37.00 price target on the construction company’s stock. Seaport Global Securities’ price objective indicates a potential upside of 12.91% from the company’s current price.

Several other analysts have also recently commented on the stock. ValuEngine cut shares of Willdan Group from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub cut shares of Willdan Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Finally, Wedbush restated an “outperform” rating on shares of Willdan Group in a research report on Wednesday, July 12th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $37.67.

Shares of Willdan Group (WLDN) traded down 1.07% on Wednesday, hitting $32.42. 21,397 shares of the company’s stock were exchanged. The stock has a market cap of $283.80 million, a price-to-earnings ratio of 27.47 and a beta of 1.30. The company’s 50-day moving average price is $31.01 and its 200 day moving average price is $31.70. Willdan Group has a 12-month low of $15.25 and a 12-month high of $36.87.

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In other Willdan Group news, insider Marc Tipermas sold 5,000 shares of Willdan Group stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $35.78, for a total transaction of $178,900.00. Following the completion of the transaction, the insider now owns 43,333 shares in the company, valued at $1,550,454.74. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 13.30% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Alps Advisors Inc. raised its position in Willdan Group by 0.3% during the second quarter. Alps Advisors Inc. now owns 14,146 shares of the construction company’s stock worth $432,000 after acquiring an additional 36 shares during the last quarter. Rice Hall James & Associates LLC raised its position in Willdan Group by 1.0% during the second quarter. Rice Hall James & Associates LLC now owns 9,926 shares of the construction company’s stock worth $303,000 after acquiring an additional 103 shares during the last quarter. Geode Capital Management LLC raised its position in Willdan Group by 2.0% during the first quarter. Geode Capital Management LLC now owns 44,623 shares of the construction company’s stock worth $1,439,000 after acquiring an additional 856 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Willdan Group by 4.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 19,684 shares of the construction company’s stock worth $601,000 after acquiring an additional 891 shares during the last quarter. Finally, Navellier & Associates Inc raised its position in Willdan Group by 3.2% during the second quarter. Navellier & Associates Inc now owns 31,331 shares of the construction company’s stock worth $957,000 after acquiring an additional 967 shares during the last quarter. Institutional investors own 57.22% of the company’s stock.

About Willdan Group

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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