Exponent, Inc. (NASDAQ:EXPO) Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd increased its holdings in Exponent, Inc. (NASDAQ:EXPO) by 56.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,847 shares of the business services provider’s stock after buying an additional 1,395 shares during the period. Quadrature Capital Ltd’s holdings in Exponent were worth $339,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of EXPO. Operose Advisors LLC acquired a new position in shares of Exponent in the 3rd quarter valued at about $39,000. Principal Securities Inc. bought a new stake in Exponent in the 4th quarter valued at about $69,000. Eagle Bay Advisors LLC lifted its position in Exponent by 104.4% in the 4th quarter. Eagle Bay Advisors LLC now owns 1,308 shares of the business services provider’s stock valued at $115,000 after purchasing an additional 668 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Exponent by 10.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,468 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 140 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its position in Exponent by 14,975.0% in the 4th quarter. TFO Wealth Partners LLC now owns 1,809 shares of the business services provider’s stock valued at $159,000 after purchasing an additional 1,797 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Buying and Selling at Exponent

In other news, insider Eric Guyer sold 1,650 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $92.58, for a total transaction of $152,757.00. Following the completion of the sale, the insider now directly owns 1,846 shares of the company’s stock, valued at approximately $170,902.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Paul R. Johnston sold 7,000 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $95.50, for a total transaction of $668,500.00. Following the completion of the sale, the director now directly owns 80,742 shares of the company’s stock, valued at approximately $7,710,861. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Eric Guyer sold 1,650 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $92.58, for a total value of $152,757.00. Following the sale, the insider now directly owns 1,846 shares of the company’s stock, valued at $170,902.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,067 shares of company stock valued at $4,734,995. 2.10% of the stock is owned by corporate insiders.

Exponent Stock Performance

Shares of NASDAQ EXPO opened at $96.22 on Tuesday. The stock has a fifty day moving average price of $92.32 and a two-hundred day moving average price of $86.33. The firm has a market cap of $4.88 billion, a P/E ratio of 48.60 and a beta of 0.65. Exponent, Inc. has a 1 year low of $64.61 and a 1 year high of $102.72.

Exponent (NASDAQ:EXPO) last issued its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.13. The firm had revenue of $137.21 million during the quarter, compared to analyst estimates of $125.98 million. Exponent had a return on equity of 28.13% and a net margin of 18.72%. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the company posted $0.56 EPS. On average, research analysts predict that Exponent, Inc. will post 1.92 earnings per share for the current fiscal year.

Exponent Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Friday, June 7th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Friday, June 7th. Exponent’s payout ratio is currently 56.57%.

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.