Teachers Retirement System of The State of Kentucky Decreases Holdings in Exponent, Inc. (NASDAQ:EXPO)

Teachers Retirement System of The State of Kentucky lowered its stake in Exponent, Inc. (NASDAQ:EXPO) by 2.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,280 shares of the business services provider’s stock after selling 440 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Exponent were worth $1,992,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Quarry LP bought a new stake in shares of Exponent in the 2nd quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Exponent by 166.5% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock valued at $49,000 after buying an additional 323 shares during the period. USA Financial Formulas bought a new stake in Exponent in the third quarter worth $60,000. GAMMA Investing LLC boosted its stake in Exponent by 64.6% during the third quarter. GAMMA Investing LLC now owns 624 shares of the business services provider’s stock worth $72,000 after buying an additional 245 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its position in Exponent by 70.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock valued at $83,000 after acquiring an additional 361 shares during the last quarter. 92.37% of the stock is owned by institutional investors.

Insider Buying and Selling at Exponent

In related news, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the transaction, the director now owns 5,871 shares of the company’s stock, valued at $565,494.72. This trade represents a 15.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul R. Johnston sold 1,300 shares of the business’s 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 sale, the director now directly owns 59,406 shares of the company’s stock, valued at approximately $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. Insiders sold 30,339 shares of company stock worth $3,103,065 over the last 90 days. Company insiders own 2.10% of the company’s stock.

Exponent Trading Down 0.1 %

Exponent stock opened at $93.06 on Tuesday. Exponent, Inc. has a 12-month low of $68.70 and a 12-month high of $115.75. The firm has a 50-day moving average price of $101.47 and a 200-day moving average price of $102.38. The firm has a market capitalization of $4.72 billion, a PE ratio of 44.96 and a beta of 0.70.

Exponent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Friday, December 6th. Exponent’s payout ratio is currently 54.11%.

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.