Wells Fargo & Company MN Has $65.91 Million Position in Exponent, Inc. (NASDAQ:EXPO)

Wells Fargo & Company MN increased its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 739,710 shares of the business services provider’s stock after acquiring an additional 4,704 shares during the period. Wells Fargo & Company MN’s holdings in Exponent were worth $65,908,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of Exponent by 219.0% in the third quarter. Barclays PLC now owns 96,526 shares of the business services provider’s stock worth $11,127,000 after acquiring an additional 66,263 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Exponent by 223.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,158 shares of the business services provider’s stock worth $541,000 after purchasing an additional 4,254 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Exponent by 63.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock valued at $72,701,000 after purchasing an additional 245,086 shares during the last quarter. Argent Capital Management LLC boosted its position in Exponent by 17.3% in the fourth quarter. Argent Capital Management LLC now owns 28,323 shares of the business services provider’s stock valued at $2,524,000 after buying an additional 4,173 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Exponent by 4.8% during the third quarter. Geode Capital Management LLC now owns 1,505,652 shares of the business services provider’s stock worth $173,597,000 after buying an additional 69,099 shares during the last quarter. 92.37% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Exponent news, VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction dated Wednesday, February 26th. The stock was 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 of the company’s stock, valued at approximately $154,674. The trade was a 49.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.10% of the stock is owned by corporate insiders.

Exponent Stock Performance

Shares of EXPO opened at $75.72 on Wednesday. Exponent, Inc. has a 52 week low of $73.83 and a 52 week high of $115.75. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of 35.72 and a beta of 0.84. The stock has a fifty day moving average of $84.51 and a 200-day moving average of $94.03.

Exponent (NASDAQ:EXPO) last posted its earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate 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 prior year, the firm earned $0.41 earnings per share. As a group, equities analysts forecast that Exponent, Inc. will post 1.98 EPS for the current year.

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.