6,723 Shares in Exponent, Inc. (NASDAQ:EXPO) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new position in Exponent, Inc. (NASDAQ:EXPO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,723 shares of the business services provider's stock, valued at approximately $599,000.

Several other institutional investors have also bought and sold shares of the stock. Venturi Wealth Management LLC lifted its holdings in Exponent by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider's stock worth $226,000 after purchasing an additional 111 shares during the period. Bank of Montreal Can lifted its holdings in Exponent by 1.5% in the fourth quarter. Bank of Montreal Can now owns 8,747 shares of the business services provider's stock worth $779,000 after purchasing an additional 131 shares during the period. Arizona State Retirement System lifted its holdings in Exponent by 0.9% in the fourth quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider's stock worth $1,312,000 after purchasing an additional 133 shares during the period. Private Trust Co. NA lifted its holdings in Exponent by 129.8% in the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider's stock worth $25,000 after purchasing an additional 157 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its holdings in Exponent by 3.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,418 shares of the business services provider's stock worth $394,000 after purchasing an additional 161 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Exponent Stock Down 0.8%

EXPO stock opened at $79.32 on Wednesday. The company has a market capitalization of $4.03 billion, a P/E ratio of 37.42 and a beta of 0.95. The company has a 50-day simple moving average of $79.17 and a 200 day simple moving average of $87.58. Exponent, Inc. has a fifty-two week low of $73.37 and a fifty-two week high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. Exponent had a net margin of 19.52% and a return on equity of 27.27%. The company had revenue of $137.44 million during the quarter, compared to the consensus estimate of $134.63 million. During the same period in the prior year, the company earned $0.59 EPS. Exponent's revenue was up .2% on a year-over-year basis. Equities analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Friday, June 6th. Exponent's payout ratio is 58.54%.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the sale, the vice president now directly owns 1,800 shares of the company's stock, valued at approximately $154,674. This represents a 49.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.10% of the stock is owned by corporate insiders.

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.

Want to see what other hedge funds are holding EXPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exponent, Inc. (NASDAQ:EXPO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.