Signaturefd LLC Has $41,000 Position in Exponent, Inc. $EXPO

Signaturefd LLC lowered its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 23.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 544 shares of the business services provider’s stock after selling 171 shares during the quarter. Signaturefd LLC’s holdings in Exponent were worth $41,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Exponent by 1.2% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,791,747 shares of the business services provider’s stock valued at $388,419,000 after buying an additional 55,190 shares during the period. Geneva Capital Management LLC boosted its holdings in shares of Exponent by 11.2% in the first quarter. Geneva Capital Management LLC now owns 1,745,828 shares of the business services provider’s stock valued at $141,517,000 after buying an additional 176,152 shares during the period. Resona Asset Management Co. Ltd. boosted its holdings in shares of Exponent by 17.3% in the first quarter. Resona Asset Management Co. Ltd. now owns 506,784 shares of the business services provider’s stock valued at $41,250,000 after buying an additional 74,605 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Exponent by 2.0% in the first quarter. Envestnet Asset Management Inc. now owns 441,646 shares of the business services provider’s stock valued at $35,800,000 after buying an additional 8,501 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Exponent by 543.1% in the first quarter. Millennium Management LLC now owns 305,230 shares of the business services provider’s stock valued at $24,742,000 after buying an additional 257,766 shares during the period. Institutional investors own 92.37% of the company’s stock.

Insider Buying and Selling at Exponent

In other Exponent news, VP Joseph Sala sold 1,595 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $70.64, for a total transaction of $112,670.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Catherine Corrigan sold 4,905 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $69.91, for a total transaction of $342,908.55. Following the sale, the chief executive officer directly owned 82,753 shares in the company, valued at $5,785,262.23. This trade represents a 5.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,396 shares of company stock worth $803,636 over the last ninety days. Insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Exponent in a report on Saturday, September 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Exponent Stock Up 0.3%

Shares of EXPO stock opened at $67.27 on Tuesday. The company’s fifty day simple moving average is $70.22 and its 200-day simple moving average is $74.61. Exponent, Inc. has a 12 month low of $63.81 and a 12 month high of $115.75. The firm has a market cap of $3.40 billion, a PE ratio of 33.64 and a beta of 0.91.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings results on Thursday, July 31st. The business services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04. Exponent had a net margin of 18.35% and a return on equity of 24.19%. The firm had revenue of $132.87 million for the quarter, compared to analyst estimates of $130.82 million. During the same period in the prior year, the firm posted $0.57 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, September 5th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, September 5th. Exponent’s dividend payout ratio is 60.00%.

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.