Two Sigma Investments LP Makes New Investment in Exponent, Inc. (NASDAQ:EXPO)

Two Sigma Investments LP bought a new position in Exponent, Inc. (NASDAQ:EXPO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,110 shares of the business services provider's stock, valued at approximately $366,000.

Other large investors have also added to or reduced their stakes in the company. Sherbrooke Park Advisers LLC purchased a new stake in shares of Exponent in the 4th quarter valued at about $256,000. Silvercrest Asset Management Group LLC raised its holdings in shares of Exponent by 4.2% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 288,240 shares of the business services provider's stock valued at $25,682,000 after acquiring an additional 11,720 shares in the last quarter. ProShare Advisors LLC raised its holdings in shares of Exponent by 21.9% in the 4th quarter. ProShare Advisors LLC now owns 97,046 shares of the business services provider's stock valued at $8,647,000 after acquiring an additional 17,440 shares in the last quarter. Malaga Cove Capital LLC raised its holdings in shares of Exponent by 147.1% in the 4th quarter. Malaga Cove Capital LLC now owns 5,327 shares of the business services provider's stock valued at $475,000 after acquiring an additional 3,171 shares in the last quarter. Finally, Man Group plc raised its holdings in shares of Exponent by 1.8% in the 4th quarter. Man Group plc now owns 230,243 shares of the business services provider's stock valued at $20,515,000 after acquiring an additional 4,153 shares in the last quarter. Institutional investors own 92.37% of the company's stock.

Exponent Price Performance

Shares of NASDAQ:EXPO traded down $0.59 on Thursday, hitting $75.63. The company's stock had a trading volume of 314,918 shares, compared to its average volume of 250,988. The company has a 50-day simple moving average of $77.94 and a 200 day simple moving average of $84.99. Exponent, Inc. has a 1 year low of $73.37 and a 1 year high of $115.75. The company has a market capitalization of $3.84 billion, a PE ratio of 35.67 and a beta of 0.92.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.04. The firm had revenue of $137.44 million for the quarter, compared to analysts' expectations of $134.63 million. Exponent had a return on equity of 27.27% and a net margin of 19.52%. The company's revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. On average, equities research analysts expect that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, June 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.59%. Exponent's dividend payout ratio is 58.54%.

Insider Activity at Exponent

In other Exponent news, VP Bradley A. James sold 2,694 shares of Exponent stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $79.52, for a total value of $214,226.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP John Pye sold 2,000 shares of Exponent stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $76.32, for a total value of $152,640.00. Following the completion of the transaction, the vice president now directly owns 29,204 shares in the company, valued at $2,228,849.28. This trade represents a 6.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,267 shares of company stock valued at $489,120. Corporate insiders own 2.10% of the company's stock.

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.