John Pye Sells 3,956 Shares of Exponent, Inc. (NASDAQ:EXPO) Stock

Exponent, Inc. (NASDAQ:EXPO) VP John Pye sold 3,956 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $105.00, for a total value of $415,380.00. Following the transaction, the vice president now owns 28,422 shares of the company’s stock, valued at $2,984,310. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Exponent Price Performance

Shares of EXPO stock traded down $0.15 during trading hours on Wednesday, hitting $106.81. 58,478 shares of the company’s stock were exchanged, compared to its average volume of 269,291. The stock’s 50-day moving average is $97.52 and its 200-day moving average is $88.64. Exponent, Inc. has a 52 week low of $64.61 and a 52 week high of $108.80. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of 54.02 and a beta of 0.65.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.07. The firm had revenue of $132.43 million for the quarter, compared to the consensus estimate of $130.83 million. Exponent had a return on equity of 28.39% and a net margin of 19.35%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 EPS. Equities research analysts forecast that Exponent, Inc. will post 2.04 earnings per share for the current fiscal year.

Exponent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, September 6th will be issued a dividend of $0.28 per share. The ex-dividend date is Friday, September 6th. This represents a $1.12 annualized dividend and a yield of 1.05%. Exponent’s dividend payout ratio is currently 56.57%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its position in shares of Exponent by 67.7% during the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after buying an additional 153 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in Exponent by 866.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 512 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 459 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Exponent by 166.5% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock worth $49,000 after acquiring an additional 323 shares during the period. Janiczek Wealth Management LLC raised its position in shares of Exponent by 293.7% during the 1st quarter. Janiczek Wealth Management LLC now owns 626 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 467 shares during the last quarter. Finally, Principal Securities Inc. acquired a new position in shares of Exponent in the 4th quarter valued at $69,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Truist Financial reissued a “buy” rating and set a $120.00 price target (up from $100.00) on shares of Exponent in a report on Friday, July 26th.

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.