Townsquare Capital LLC Increases Stock Holdings in Exponent, Inc. (NASDAQ:EXPO)

Townsquare Capital LLC boosted its position in Exponent, Inc. (NASDAQ:EXPO) by 7.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 25,981 shares of the business services provider’s stock after acquiring an additional 1,707 shares during the quarter. Townsquare Capital LLC’s holdings in Exponent were worth $2,995,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Inspire Advisors LLC boosted its holdings in Exponent by 1.3% in the second quarter. Inspire Advisors LLC now owns 7,615 shares of the business services provider’s stock valued at $724,000 after purchasing an additional 98 shares during the last quarter. Caprock Group LLC grew its position in shares of Exponent by 4.2% during the second quarter. Caprock Group LLC now owns 3,296 shares of the business services provider’s stock worth $314,000 after buying an additional 134 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Exponent by 67.7% in the second quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after buying an additional 153 shares during the last quarter. Raymond James Trust N.A. raised its holdings in Exponent by 2.8% in the second quarter. Raymond James Trust N.A. now owns 6,230 shares of the business services provider’s stock valued at $593,000 after acquiring an additional 172 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Exponent by 11.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,008 shares of the business services provider’s stock valued at $191,000 after acquiring an additional 199 shares during the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Exponent Stock Performance

EXPO opened at $98.71 on Friday. The company has a market capitalization of $5.01 billion, a P/E ratio of 47.69 and a beta of 0.69. The company has a 50-day moving average of $105.52 and a 200-day moving average of $102.20. Exponent, Inc. has a 1-year low of $68.70 and a 1-year high of $115.75.

Exponent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Friday, December 6th. Exponent’s dividend payout ratio is presently 54.11%.

Insider Transactions at Exponent

In other Exponent news, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $96.32, for a total transaction of $100,076.48. Following the sale, the director now directly owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This represents a 15.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul R. Johnston sold 1,300 shares of Exponent stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total transaction of $123,539.00. Following the completion of the transaction, the director now directly owns 59,406 shares of the company’s stock, valued at $5,645,352.18. This trade represents a 2.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,339 shares of company stock worth $3,103,065. 2.10% of the stock is currently owned by corporate insiders.

Exponent 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.