Yousif Capital Management LLC Sells 497 Shares of Exponent, Inc. (NASDAQ:EXPO)

Yousif Capital Management LLC trimmed its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 2.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,445 shares of the business services provider’s stock after selling 497 shares during the quarter. Yousif Capital Management LLC’s holdings in Exponent were worth $1,414,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in EXPO. Private Trust Co. NA grew its position in Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Atala Financial Inc bought a new stake in shares of Exponent during the fourth quarter worth $25,000. Whipplewood Advisors LLC grew its holdings in shares of Exponent by 5,333.3% during the first quarter. Whipplewood Advisors LLC now owns 326 shares of the business services provider’s stock worth $26,000 after purchasing an additional 320 shares during the last quarter. Tortoise Investment Management LLC grew its holdings in shares of Exponent by 76.7% during the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock worth $39,000 after purchasing an additional 191 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Exponent during the fourth quarter worth $50,000. 92.37% of the stock is owned by institutional investors.

Insider Buying and Selling at Exponent

In other news, VP Bradley A. James sold 2,694 shares of the firm’s stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $79.52, for a total value of $214,226.88. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP John Pye sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $76.32, for a total transaction of $152,640.00. Following the completion of the transaction, the vice president now directly owns 29,204 shares in the company, valued at $2,228,849.28. This trade represents a 6.41% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,267 shares of company stock worth $489,120. Insiders own 1.60% of the company’s stock.

Exponent Stock Performance

Shares of EXPO stock opened at $74.57 on Wednesday. Exponent, Inc. has a 52 week low of $73.37 and a 52 week high of $115.75. The stock’s fifty day moving average is $77.82 and its 200-day moving average is $84.40. The stock has a market capitalization of $3.78 billion, a PE ratio of 36.38 and a beta of 0.92.

Exponent (NASDAQ:EXPO) last issued its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. Exponent had a net margin of 18.87% and a return on equity of 25.33%. The firm had revenue of $137.44 million for the quarter, compared to analyst estimates of $134.63 million. During the same quarter in the prior year, the firm earned $0.59 EPS. The company’s revenue was up .2% on a year-over-year basis. As a group, analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.61%. Exponent’s dividend payout ratio (DPR) is currently 58.54%.

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.