Exponent, Inc. (NASDAQ:EXPO) Shares Sold by Eagle Asset Management Inc.

Eagle Asset Management Inc. trimmed its position in Exponent, Inc. (NASDAQ:EXPO) by 28.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 51,898 shares of the business services provider’s stock after selling 20,517 shares during the quarter. Eagle Asset Management Inc.’s holdings in Exponent were worth $5,448,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quarry LP purchased a new position in Exponent in the 2nd quarter worth approximately $25,000. GAMMA Investing LLC lifted its stake in Exponent by 67.7% in the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after purchasing an additional 153 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Exponent by 166.5% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock worth $49,000 after purchasing an additional 323 shares in the last quarter. USA Financial Formulas purchased a new position in Exponent in the 3rd quarter worth approximately $60,000. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Exponent by 70.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock worth $83,000 after purchasing an additional 361 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Exponent Price Performance

EXPO opened at $98.04 on Monday. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 47.36 and a beta of 0.69. The company’s 50 day simple moving average is $106.31 and its two-hundred day simple moving average is $102.18. Exponent, Inc. has a 1-year low of $68.70 and a 1-year high of $115.75.

Exponent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, December 6th. Exponent’s payout ratio is 54.11%.

Insider Buying and Selling at Exponent

In other Exponent news, Director Paul R. Johnston sold 1,300 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total value of $123,539.00. Following the completion of the transaction, the director now owns 59,406 shares in the company, valued at $5,645,352.18. The trade was a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Carol Lindstrom sold 1,039 shares of the business’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the transaction, the director now owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,339 shares of company stock valued at $3,103,065 over the last quarter. 2.10% of the stock is owned by company insiders.

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.