Exponent, Inc. (NASDAQ:EXPO) VP Bradley A. James Sells 3,528 Shares

Exponent, Inc. (NASDAQ:EXPO) VP Bradley A. James sold 3,528 shares of Exponent stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $95.00, for a total value of $335,160.00. Following the completion of the transaction, the vice president now owns 2,030 shares of the company’s stock, valued at approximately $192,850. The sale was disclosed in a document filed with the SEC, which is available at this link.

Exponent Price Performance

Shares of NASDAQ EXPO opened at $94.50 on Tuesday. Exponent, Inc. has a 1-year low of $64.61 and a 1-year high of $102.72. The firm has a market capitalization of $4.79 billion, a PE ratio of 47.73 and a beta of 0.64. The business’s fifty day moving average price is $81.77 and its two-hundred day moving average price is $82.01.

Exponent (NASDAQ:EXPO) last released its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. The business had revenue of $137.21 million for the quarter, compared to analysts’ expectations of $125.98 million. Exponent had a net margin of 18.72% and a return on equity of 28.13%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 EPS. Equities research analysts expect that Exponent, Inc. will post 1.92 earnings per share for the current fiscal year.

Exponent Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, June 7th. This represents a $1.12 annualized dividend and a dividend yield of 1.19%. Exponent’s dividend payout ratio is presently 56.57%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EXPO. StockNews.com upgraded Exponent from a “sell” rating to a “hold” rating in a research note on Monday, March 4th. Truist Financial lifted their price target on shares of Exponent from $95.00 to $100.00 and gave the company a “buy” rating in a report on Monday, April 29th.

Hedge Funds Weigh In On Exponent

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXPO. SG Americas Securities LLC boosted its position 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 acquiring an additional 11,031 shares during the period. Empowered Funds LLC grew its position in Exponent by 11.9% in the 1st quarter. Empowered Funds LLC now owns 7,189 shares of the business services provider’s stock valued at $594,000 after buying an additional 764 shares in the last quarter. Texas Permanent School Fund Corp increased its stake in Exponent by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 44,304 shares of the business services provider’s stock valued at $3,663,000 after buying an additional 574 shares during the period. FORA Capital LLC bought a new stake in shares of Exponent during the 1st quarter worth about $539,000. Finally, Hardy Reed LLC acquired a new stake in shares of Exponent in the 1st quarter worth approximately $328,000. 92.37% of the stock is owned by institutional investors.

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.