Rep. Jefferson Shreve Purchases Shares of Exponent, Inc. (NASDAQ:EXPO)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Exponent, Inc. (NASDAQ:EXPO). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in Exponent stock on February 24th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Royal Gold (NASDAQ:RGLD) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of QUALCOMM (NASDAQ:QCOM) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 2/24/2025.
• Sold $15,001 – $50,000 in shares of Norfolk Southern (NYSE:NSC) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 2/24/2025.
• Purchased $50,001 – $100,000 in shares of AbbVie (NYSE:ABBV) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of The Cigna Group (NYSE:CI) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 2/24/2025.

Exponent Stock Performance

NASDAQ:EXPO traded down $1.21 during trading hours on Tuesday, reaching $82.89. The stock had a trading volume of 150,337 shares, compared to its average volume of 265,668. The stock has a market capitalization of $4.21 billion, a PE ratio of 38.94 and a beta of 0.77. Exponent, Inc. has a 52 week low of $77.21 and a 52 week high of $115.75. The company has a 50 day moving average price of $89.04 and a two-hundred day moving average price of $98.02.

Exponent (NASDAQ:EXPO) last announced its earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same period in the previous year, the business posted $0.41 earnings per share. Equities research analysts predict that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.20 annualized dividend and a yield of 1.45%. This is a boost from Exponent’s previous quarterly dividend of $0.28. Exponent’s payout ratio is presently 56.60%.

Hedge Funds Weigh In On Exponent

A number of large investors have recently bought and sold shares of EXPO. Private Trust Co. NA lifted its holdings in Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after buying an additional 157 shares in the last quarter. Atala Financial Inc bought a new stake in shares of Exponent during the fourth quarter valued at approximately $25,000. Westside Investment Management Inc. purchased a new stake in shares of Exponent in the third quarter valued at approximately $26,000. Tortoise Investment Management LLC boosted its holdings in shares of Exponent by 76.7% in the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 191 shares during the period. Finally, Trust Co. of Vermont bought a new position in Exponent in the fourth quarter worth approximately $45,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insiders Place Their Bets

In other Exponent news, VP Richard Reiss sold 1,736 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total transaction of $149,174.48. Following the transaction, the vice president now directly owns 1,800 shares in the company, valued at $154,674. This represents a 49.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.10% of the stock is currently owned by company insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.