Certified Advisory Corp Sells 310 Shares of Exponent, Inc. (NASDAQ:EXPO)

Certified Advisory Corp reduced its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 6.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,723 shares of the business services provider’s stock after selling 310 shares during the period. Certified Advisory Corp’s holdings in Exponent were worth $544,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Quarry LP acquired a new position in shares of Exponent during the 2nd quarter worth $25,000. GAMMA Investing LLC grew its position in Exponent by 67.7% in the second quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 153 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in Exponent by 166.5% during the second 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 in the last quarter. USA Financial Formulas bought a new position in shares of Exponent in the third quarter worth about $60,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Exponent by 70.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 361 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Insider Transactions at Exponent

In other news, Director Paul R. Johnston sold 7,000 shares of Exponent stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $103.83, for a total transaction of $726,810.00. Following the sale, the director now directly owns 80,742 shares of the company’s stock, valued at approximately $8,383,441.86. This trade represents a 7.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Carol Lindstrom sold 1,039 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the completion of the transaction, the director now directly owns 5,871 shares of the company’s stock, valued at $565,494.72. This represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,339 shares of company stock worth $3,103,065. Corporate insiders own 2.10% of the company’s stock.

Exponent Trading Up 2.3 %

Shares of Exponent stock opened at $98.04 on Friday. The firm’s 50 day moving average is $106.31 and its 200 day moving average is $102.12. The firm has a market capitalization of $4.98 billion, a PE ratio of 47.36 and a beta of 0.69. Exponent, Inc. has a 1 year low of $68.70 and a 1 year high of $115.75.

Exponent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.14%. Exponent’s payout ratio is presently 54.11%.

About Exponent

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.