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

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

Exponent Stock Down 0.7 %

Shares of Exponent stock opened at $94.05 on Thursday. Exponent, Inc. has a fifty-two week low of $64.61 and a fifty-two week high of $102.72. The business’s fifty day moving average is $82.39 and its two-hundred day moving average is $82.15. The firm has a market cap of $4.76 billion, a PE ratio of 47.50 and a beta of 0.64.

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

Exponent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.12 dividend on an annualized basis and a yield of 1.19%. Exponent’s payout ratio is 56.57%.

Hedge Funds Weigh In On Exponent

Several institutional investors and hedge funds have recently bought and sold shares of EXPO. Operose Advisors LLC purchased a new stake in shares of Exponent during the 3rd quarter valued at $39,000. Benjamin F. Edwards & Company Inc. raised its holdings in Exponent by 866.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 512 shares of the business services provider’s stock valued at $42,000 after buying an additional 459 shares during the period. Janiczek Wealth Management LLC raised its stake in shares of Exponent by 293.7% in the 1st quarter. Janiczek Wealth Management LLC now owns 626 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 467 shares during the period. Principal Securities Inc. acquired a new position in shares of Exponent during the 4th quarter valued at $69,000. Finally, YHB Investment Advisors Inc. purchased a new stake in shares of Exponent in the first quarter worth about $75,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Wall Street Analyst Weigh In

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

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.