Exponent, Inc. (NASDAQ:EXPO) Shares Sold by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC reduced its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,807 shares of the business services provider’s stock after selling 398 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Exponent were worth $255,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Private Trust Co. NA grew 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 worth $25,000 after acquiring an additional 157 shares in the last quarter. Atala Financial Inc bought a new position in shares of Exponent during the fourth quarter worth about $25,000. Westside Investment Management Inc. bought a new stake in Exponent in the third quarter valued at about $26,000. Tortoise Investment Management LLC raised its stake in Exponent by 76.7% during the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after buying an additional 191 shares in the last quarter. Finally, Trust Co. of Vermont bought a new position in Exponent during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Exponent Trading Down 4.0 %

EXPO stock opened at $78.52 on Friday. The stock’s 50 day simple moving average is $85.79 and its 200 day simple moving average is $95.06. Exponent, Inc. has a 12-month low of $77.30 and a 12-month high of $115.75. The firm has a market cap of $3.99 billion, a P/E ratio of 37.04 and a beta of 0.77.

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

Insiders Place Their Bets

In related news, VP Richard Reiss sold 1,736 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the sale, the vice president now owns 1,800 shares of the company’s stock, valued at approximately $154,674. This trade represents a 49.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.