Exponent, Inc. (NASDAQ:EXPO) VP Sells $149,174.48 in Stock

Exponent, Inc. (NASDAQ:EXPO) VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total transaction of $149,174.48. Following the completion of the sale, the vice president now directly owns 1,800 shares of the company’s stock, valued at approximately $154,674. This trade represents a 49.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Exponent Trading Down 1.1 %

NASDAQ:EXPO opened at $84.66 on Friday. Exponent, Inc. has a 12 month low of $77.21 and a 12 month high of $115.75. The company has a market cap of $4.30 billion, a PE ratio of 39.93 and a beta of 0.71. The company has a 50 day simple moving average of $89.78 and a two-hundred day simple moving average of $98.93.

Exponent (NASDAQ:EXPO) last posted its earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Exponent had a net margin of 19.52% and a return on equity of 27.27%. During the same period in the prior year, the firm posted $0.41 earnings per share. Research analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Exponent’s previous quarterly dividend of $0.28. Exponent’s dividend payout ratio (DPR) is currently 56.60%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Exponent by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 5,345,503 shares of the business services provider’s stock worth $476,284,000 after acquiring an additional 67,296 shares during the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of Exponent by 1.6% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 2,806,517 shares of the business services provider’s stock worth $323,535,000 after acquiring an additional 43,257 shares during the last quarter. State Street Corp boosted its stake in shares of Exponent by 0.7% during the 3rd quarter. State Street Corp now owns 1,840,313 shares of the business services provider’s stock worth $212,151,000 after acquiring an additional 13,644 shares during the last quarter. Geneva Capital Management LLC boosted its stake in shares of Exponent by 1.7% during the 3rd quarter. Geneva Capital Management LLC now owns 1,590,804 shares of the business services provider’s stock worth $183,388,000 after acquiring an additional 27,339 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Exponent by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,519,584 shares of the business services provider’s stock valued at $135,419,000 after buying an additional 13,932 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Exponent Company Profile

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.