Calamos Advisors LLC Sells 645 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

Calamos Advisors LLC cut its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,067 shares of the construction company’s stock after selling 645 shares during the period. Calamos Advisors LLC owned approximately 0.11% of Willdan Group worth $574,000 at the end of the most recent reporting period.

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

Willdan Group Stock Performance

NASDAQ:WLDN opened at $35.19 on Thursday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. The firm’s fifty day simple moving average is $38.91 and its 200 day simple moving average is $39.79. The stock has a market cap of $497.06 million, a P/E ratio of 21.59 and a beta of 1.37. Willdan Group, Inc. has a twelve month low of $18.78 and a twelve month high of $50.00.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WLDN. Wedbush reissued an “outperform” rating and issued a $51.00 price target on shares of Willdan Group in a report on Monday, November 4th. StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th.

Insider Transactions at Willdan Group

In related news, Director Thomas Donald Brisbin sold 7,700 shares of Willdan Group stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $43.45, for a total transaction of $334,565.00. Following the sale, the director now directly owns 406,704 shares in the company, valued at $17,671,288.80. The trade was a 1.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value of $187,572.37. Following the completion of the transaction, the chief financial officer now 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,983 shares of company stock valued at $853,329. Company 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.