Exponent, Inc. (NASDAQ:EXPO) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors lowered its position in Exponent, Inc. (NASDAQ:EXPO) by 11.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,151 shares of the business services provider’s stock after selling 3,019 shares during the quarter. Captrust Financial Advisors’ holdings in Exponent were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EXPO. GAMMA Investing LLC lifted its stake in Exponent by 67.7% in the second quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock valued at $36,000 after buying an additional 153 shares during the last quarter. OLD National Bancorp IN purchased a new stake in Exponent in the second quarter valued at approximately $338,000. SG Americas Securities LLC lifted its stake in Exponent by 39.9% in the second quarter. SG Americas Securities LLC now owns 17,994 shares of the business services provider’s stock valued at $1,712,000 after buying an additional 5,128 shares during the last quarter. Thrive Wealth Management LLC purchased a new stake in Exponent in the second quarter valued at approximately $200,000. Finally, MJP Associates Inc. ADV purchased a new stake in shares of Exponent during the second quarter worth approximately $246,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Transactions at Exponent

In other news, Director Paul R. Johnston sold 14,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the completion of the sale, the director now owns 80,742 shares in the company, valued at $8,445,613.20. This represents a 14.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Carol Lindstrom sold 1,039 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $96.32, for a total value of $100,076.48. Following the sale, 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 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. 2.10% of the stock is currently owned by insiders.

Exponent Price Performance

Exponent stock opened at $98.17 on Thursday. Exponent, Inc. has a 12 month low of $68.70 and a 12 month high of $115.75. The business has a 50 day simple moving average of $104.73 and a 200-day simple moving average of $102.38. The stock has a market capitalization of $4.98 billion, a PE ratio of 47.43 and a beta of 0.70.

Exponent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

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.