Xponance Inc. Raises Stake in Exponent, Inc. (NASDAQ:EXPO)

Xponance Inc. boosted its holdings in Exponent, Inc. (NASDAQ:EXPO) by 4.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 7,148 shares of the business services provider’s stock after buying an additional 296 shares during the period. Xponance Inc.’s holdings in Exponent were worth $637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Private Trust Co. NA boosted its position in shares of 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 buying an additional 157 shares during the period. Atala Financial Inc acquired a new position in Exponent during the 4th quarter worth approximately $25,000. Westside Investment Management Inc. purchased a new position in Exponent in the 3rd quarter worth approximately $26,000. Tortoise Investment Management LLC grew its position in Exponent by 76.7% in the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 191 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of Exponent during the fourth quarter valued at approximately $45,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Exponent Trading Down 0.2 %

Shares of EXPO stock opened at $80.05 on Wednesday. The firm has a fifty day simple moving average of $87.42 and a 200-day simple moving average of $96.11. The company has a market capitalization of $4.07 billion, a PE ratio of 37.76 and a beta of 0.77. Exponent, Inc. has a twelve month low of $77.30 and a twelve month high of $115.75.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. Exponent had a net margin of 19.52% and a return on equity of 27.27%. During the same period in the previous year, the company posted $0.41 earnings per share. Equities research analysts predict that Exponent, Inc. will post 1.98 EPS for the current year.

Insider Activity at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the transaction, the vice president now directly owns 1,800 shares of the company’s stock, valued at $154,674. This represents a 49.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by company 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.