State of Wyoming Lowers Stock Holdings in Exponent, Inc. (NASDAQ:EXPO)

State of Wyoming lowered its position in Exponent, Inc. (NASDAQ:EXPO - Free Report) by 53.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,248 shares of the business services provider's stock after selling 3,755 shares during the period. State of Wyoming's holdings in Exponent were worth $289,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Venturi Wealth Management LLC lifted its holdings in shares of 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 buying an additional 111 shares in the last quarter. Bank of Montreal Can increased its stake in Exponent by 1.5% during the fourth quarter. Bank of Montreal Can now owns 8,747 shares of the business services provider's stock worth $779,000 after acquiring an additional 131 shares during the last quarter. Arizona State Retirement System increased its position in shares of Exponent by 0.9% during the 4th quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider's stock valued at $1,312,000 after purchasing an additional 133 shares during the last quarter. Private Trust Co. NA raised 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 valued at $25,000 after buying an additional 157 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position 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 buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Insider Buying and Selling at Exponent

In related news, VP Richard Reiss sold 1,736 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total transaction of $149,174.48. Following the completion of the transaction, the vice president now owns 1,800 shares in the company, valued at $154,674. The trade was a 49.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Bradley A. James sold 2,694 shares of the company's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $79.52, for a total value of $214,226.88. The disclosure for this sale can be found here. Company insiders own 2.10% of the company's stock.

Exponent Stock Up 0.0%

NASDAQ EXPO opened at $77.43 on Friday. Exponent, Inc. has a 52 week low of $73.37 and a 52 week high of $115.75. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 36.52 and a beta of 0.95. The company has a fifty day moving average of $78.95 and a two-hundred day moving average of $87.37.

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

Exponent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Friday, June 6th. Exponent's payout ratio is currently 58.54%.

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.

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