Willdan Group, Inc. $WLDN Shares Sold by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP cut its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 9.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 253,121 shares of the construction company’s stock after selling 25,834 shares during the period. Willdan Group makes up about 1.1% of Divisadero Street Capital Management LP’s investment portfolio, making the stock its 25th largest holding. Divisadero Street Capital Management LP owned about 1.72% of Willdan Group worth $24,474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WLDN. Boothbay Fund Management LLC bought a new stake in Willdan Group during the 3rd quarter valued at $1,116,000. Aquatic Capital Management LLC bought a new position in shares of Willdan Group in the third quarter worth $4,540,000. Algert Global LLC increased its holdings in shares of Willdan Group by 2,679.9% during the third quarter. Algert Global LLC now owns 102,301 shares of the construction company’s stock valued at $9,891,000 after purchasing an additional 98,621 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Willdan Group by 30.1% during the third quarter. Ameriprise Financial Inc. now owns 105,966 shares of the construction company’s stock valued at $10,246,000 after purchasing an additional 24,492 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of Willdan Group during the third quarter valued at about $840,000. 72.29% of the stock is owned by institutional investors.

Willdan Group Trading Down 0.6%

Shares of NASDAQ:WLDN opened at $79.49 on Monday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 22.84 and a beta of 1.04. Willdan Group, Inc. has a 1-year low of $36.43 and a 1-year high of $137.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 1.56. The company has a 50 day moving average price of $113.16 and a 200 day moving average price of $104.44.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.78. Willdan Group had a net margin of 7.71% and a return on equity of 23.34%. The firm had revenue of $89.51 million for the quarter, compared to analyst estimates of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. On average, research analysts anticipate that Willdan Group, Inc. will post 1.82 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on WLDN shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willdan Group in a report on Monday, December 29th. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Compass Point set a $125.00 price target on Willdan Group in a research report on Friday, January 2nd. Wedbush upped their price objective on Willdan Group from $120.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Finally, Wall Street Zen cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

Insider Activity

In other news, Director Steven A. Cohen sold 6,000 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $81.82, for a total transaction of $490,920.00. Following the sale, the director directly owned 20,849 shares of the company’s stock, valued at $1,705,865.18. The trade was a 22.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 8.60% of the stock is owned by company insiders.

About Willdan Group

Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.

Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.