Exponent, Inc. (NASDAQ:EXPO) Shares Acquired by Bridge City Capital LLC

Bridge City Capital LLC increased its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 7.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 53,286 shares of the business services provider’s stock after acquiring an additional 3,739 shares during the period. Exponent makes up about 1.3% of Bridge City Capital LLC’s portfolio, making the stock its 27th largest holding. Bridge City Capital LLC’s holdings in Exponent were worth $4,748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of EXPO. LPL Financial LLC grew its holdings in Exponent by 16.0% in the fourth quarter. LPL Financial LLC now owns 69,873 shares of the business services provider’s stock valued at $6,226,000 after purchasing an additional 9,658 shares during the period. Fox Run Management L.L.C. purchased a new position in shares of Exponent during the 4th quarter valued at approximately $708,000. KLP Kapitalforvaltning AS purchased a new stake in Exponent in the 4th quarter worth $1,631,000. Quantbot Technologies LP acquired a new position in Exponent during the fourth quarter worth $2,048,000. Finally, Teacher Retirement System of Texas lifted its holdings in Exponent by 64.0% during the fourth quarter. Teacher Retirement System of Texas now owns 96,663 shares of the business services provider’s stock valued at $8,613,000 after purchasing an additional 37,716 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Exponent Stock Down 1.6 %

EXPO stock opened at $78.90 on Friday. Exponent, Inc. has a 52 week low of $77.30 and a 52 week high of $115.75. The firm has a 50-day simple moving average of $87.84 and a 200-day simple moving average of $96.51. The stock has a market capitalization of $4.01 billion, a P/E ratio of 37.22 and a beta of 0.77.

Exponent (NASDAQ:EXPO) last released its earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same period in the prior year, the firm earned $0.41 EPS. On average, analysts expect that Exponent, Inc. will post 1.98 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Richard Reiss sold 1,736 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total transaction of $149,174.48. Following the transaction, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Exponent 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.