Exponent, Inc. (NASDAQ:EXPO) CEO Paul R. Johnston sold 5,000 shares of Exponent stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $64.41, for a total transaction of $322,050.00. Following the transaction, the chief executive officer now owns 66,335 shares in the company, valued at $4,272,637.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Exponent, Inc. (NASDAQ EXPO) traded down 1.01% during trading on Friday, reaching $63.85. 90,699 shares of the company’s stock traded hands. The firm’s 50 day moving average is $62.98 and its 200 day moving average is $60.12. The company has a market cap of $1.65 billion, a P/E ratio of 33.10 and a beta of 0.62. Exponent, Inc. has a 12 month low of $48.42 and a 12 month high of $68.30.

Exponent (NASDAQ:EXPO) last posted its earnings results on Tuesday, July 18th. The business services provider reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The company had revenue of $84.10 million for the quarter, compared to analyst estimates of $79.30 million. Exponent had a net margin of 15.94% and a return on equity of 16.52%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. Analysts anticipate that Exponent, Inc. will post $1.97 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 1st will be issued a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.84 annualized dividend and a yield of 1.32%. Exponent’s dividend payout ratio (DPR) is presently 43.52%.

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Large investors have recently modified their holdings of the company. UBS Asset Management Americas Inc. increased its stake in shares of Exponent by 37.2% in the first quarter. UBS Asset Management Americas Inc. now owns 56,173 shares of the business services provider’s stock valued at $3,345,000 after buying an additional 15,221 shares in the last quarter. Comerica Bank increased its stake in shares of Exponent by 2.3% in the first quarter. Comerica Bank now owns 28,895 shares of the business services provider’s stock valued at $1,785,000 after buying an additional 637 shares in the last quarter. Suntrust Banks Inc. increased its stake in shares of Exponent by 1.8% in the first quarter. Suntrust Banks Inc. now owns 7,652 shares of the business services provider’s stock valued at $455,000 after buying an additional 136 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Exponent by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 401,314 shares of the business services provider’s stock valued at $23,899,000 after buying an additional 21,735 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Exponent by 13.5% in the first quarter. US Bancorp DE now owns 6,998 shares of the business services provider’s stock valued at $417,000 after buying an additional 834 shares in the last quarter. 90.37% of the stock is owned by institutional investors.

EXPO has been the topic of several research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $69.00 price objective (up from $64.00) on shares of Exponent in a research report on Saturday, April 22nd. Zacks Investment Research upgraded shares of Exponent from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a research report on Thursday, July 20th. ValuEngine upgraded shares of Exponent from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Finally, BidaskClub cut shares of Exponent from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 27th.

Exponent Company Profile

Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.

Insider Buying and Selling by Quarter for Exponent (NASDAQ:EXPO)

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