Carol Lindstrom Sells 1,039 Shares of Exponent, Inc. (NASDAQ:EXPO) Stock

Exponent, Inc. (NASDAQ:EXPO) Director Carol Lindstrom sold 1,039 shares of Exponent stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 5,871 shares in the company, valued at approximately $565,494.72. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Exponent Trading Up 6.7 %

Shares of Exponent stock opened at $104.77 on Thursday. The company’s fifty day simple moving average is $107.79 and its 200-day simple moving average is $101.20. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 50.61 and a beta of 0.69. Exponent, Inc. has a 1 year low of $68.70 and a 1 year high of $115.75.

Exponent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a $0.28 dividend. The ex-dividend date is Friday, December 6th. This represents a $1.12 annualized dividend and a dividend yield of 1.07%. Exponent’s payout ratio is 54.11%.

Institutional Investors Weigh In On Exponent

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Empowered Funds LLC boosted its stake in Exponent by 22.1% during the third quarter. Empowered Funds LLC now owns 9,525 shares of the business services provider’s stock worth $1,098,000 after buying an additional 1,724 shares in the last quarter. Curi RMB Capital LLC boosted its stake in Exponent by 1.1% during the third quarter. Curi RMB Capital LLC now owns 105,346 shares of the business services provider’s stock worth $12,144,000 after buying an additional 1,157 shares in the last quarter. Saturna Capital Corp boosted its stake in Exponent by 5.6% during the third quarter. Saturna Capital Corp now owns 7,394 shares of the business services provider’s stock worth $852,000 after buying an additional 394 shares in the last quarter. Geneva Capital Management LLC boosted its stake in Exponent by 1.7% during the third quarter. Geneva Capital Management LLC now owns 1,590,804 shares of the business services provider’s stock worth $183,388,000 after buying an additional 27,339 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in Exponent by 58.8% during the third quarter. Venturi Wealth Management LLC now owns 2,420 shares of the business services provider’s stock worth $279,000 after buying an additional 896 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Truist Financial restated a “buy” rating and issued a $120.00 price objective (up previously from $100.00) on shares of Exponent in a research note on Friday, July 26th.

About Exponent

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.