Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston Sells 7,000 Shares of Stock

Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston sold 7,000 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $103.83, for a total transaction of $726,810.00. Following the transaction, the director now owns 80,742 shares of the company’s stock, valued at $8,383,441.86. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Exponent Stock Down 0.4 %

Shares of Exponent stock opened at $102.56 on Thursday. The company’s fifty day moving average is $107.46 and its 200 day moving average is $101.96. Exponent, Inc. has a twelve month low of $68.70 and a twelve month high of $115.75. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 49.55 and a beta of 0.69.

Exponent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a $0.28 dividend. The ex-dividend date is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.09%. Exponent’s dividend payout ratio (DPR) is currently 54.11%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Exponent

A number of large investors have recently bought and sold shares of the business. Empowered Funds LLC grew its stake in Exponent by 11.9% in the first quarter. Empowered Funds LLC now owns 7,189 shares of the business services provider’s stock valued at $594,000 after acquiring an additional 764 shares during the period. SG Americas Securities LLC increased its holdings in Exponent by 601.1% during the 1st quarter. SG Americas Securities LLC now owns 12,866 shares of the business services provider’s stock worth $1,064,000 after purchasing an additional 11,031 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Exponent by 5.2% in the first quarter. Russell Investments Group Ltd. now owns 16,038 shares of the business services provider’s stock worth $1,326,000 after purchasing an additional 786 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of Exponent by 13.5% during the first quarter. State Board of Administration of Florida Retirement System now owns 16,469 shares of the business services provider’s stock valued at $1,362,000 after buying an additional 1,960 shares during the last quarter. Finally, Lindenwold Advisors INC grew its holdings in Exponent by 8.7% during the first quarter. Lindenwold Advisors INC now owns 3,921 shares of the business services provider’s stock worth $324,000 after buying an additional 315 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

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.