Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston Sells 1,300 Shares of Stock

Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston sold 1,300 shares of Exponent stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total value of $123,539.00. Following the sale, the director now owns 59,406 shares of the company’s stock, valued at approximately $5,645,352.18. This represents a 2.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Exponent Stock Performance

NASDAQ EXPO opened at $95.05 on Thursday. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 45.92 and a beta of 0.69. Exponent, Inc. has a one year low of $68.70 and a one year high of $115.75. The company’s 50 day moving average price is $106.69 and its 200 day moving average price is $102.09.

Exponent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.18%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

Wall Street Analyst Weigh In

Separately, Truist Financial reiterated a “buy” rating and issued a $120.00 price target (up from $100.00) on shares of Exponent in a report on Friday, July 26th.

Institutional Trading of Exponent

Hedge funds have recently made changes to their positions in the company. Quarry LP purchased a new position in Exponent in the 2nd quarter valued at about $25,000. Westside Investment Management Inc. purchased a new position in Exponent in the third quarter valued at about $26,000. GAMMA Investing LLC grew its stake in Exponent by 67.7% during the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 153 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake 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 purchasing an additional 323 shares in the last quarter. Finally, USA Financial Formulas acquired a new position in shares of Exponent in the 3rd quarter valued at approximately $60,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

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.