Exponent, Inc. (NASDAQ:EXPO) VP Bradley A. James Sells 1,500 Shares

Exponent, Inc. (NASDAQ:EXPO – Get Rating) VP Bradley A. James sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $89.36, for a total value of $134,040.00. Following the sale, the vice president now owns 7,584 shares of the company’s stock, valued at approximately $677,706.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Exponent Trading Up 1.7 %

NASDAQ EXPO opened at $90.24 on Tuesday. Exponent, Inc. has a 1-year low of $80.97 and a 1-year high of $112.75. The company has a 50 day moving average of $94.60 and a 200-day moving average of $99.50. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 46.04 and a beta of 0.64.

Exponent (NASDAQ:EXPO – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The business services provider reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. Exponent had a net margin of 19.39% and a return on equity of 30.86%. The business had revenue of $140.30 million during the quarter, compared to the consensus estimate of $127.17 million. During the same period in the previous year, the business earned $0.56 earnings per share. The company’s revenue was up 19.0% on a year-over-year basis. On average, equities research analysts forecast that Exponent, Inc. will post 2.1 earnings per share for the current year.

Exponent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 23rd. Shareholders of record on Friday, June 9th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $1.04 annualized dividend and a yield of 1.15%. Exponent’s dividend payout ratio is currently 53.06%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EXPO. Venturi Wealth Management LLC acquired a new position in Exponent during the first quarter valued at approximately $25,000. IFP Advisors Inc lifted its stake in shares of Exponent by 152.6% in the 3rd quarter. IFP Advisors Inc now owns 245 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 148 shares during the last quarter. Dark Forest Capital Management LP bought a new position in shares of Exponent in the 1st quarter valued at $45,000. Benjamin Edwards Inc. lifted its stake in shares of Exponent by 92.1% in the 1st quarter. Benjamin Edwards Inc. now owns 465 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 223 shares during the last quarter. Finally, CI Investments Inc. lifted its stake in shares of Exponent by 24.6% in the 4th quarter. CI Investments Inc. now owns 521 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 103 shares during the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPO has been the subject of a number of analyst reports. TheStreet downgraded shares of Exponent from a “b” rating to a “c+” rating in a research report on Wednesday, May 17th. StockNews.com initiated coverage on shares of Exponent in a research report on Thursday, May 18th. They issued a “hold” rating for the company.

About Exponent

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Exponent, Inc is an engineering and scientific consulting company, which engages in the provision of engineering, scientific, environmental, and health consulting services. It operates through the Engineering and Other Scientific, and Environmental and Health segments. The Engineering and Other Scientific segment includes technical consulting in different practices primarily in engineering.