Nicolet Advisory Services LLC Has $897,000 Position in Exponent, Inc. (NASDAQ:EXPO)

Nicolet Advisory Services LLC raised its holdings in Exponent, Inc. (NASDAQ:EXPO) by 6.9% in the third quarter, Holdings Channel.com reports. The fund owned 7,898 shares of the business services provider’s stock after acquiring an additional 513 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Exponent were worth $897,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Russell Investments Group Ltd. boosted its stake in shares of Exponent by 5.2% during the 1st quarter. Russell Investments Group Ltd. now owns 16,038 shares of the business services provider’s stock worth $1,326,000 after acquiring an additional 786 shares in the last quarter. Vanguard Group Inc. grew its stake in Exponent by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 5,286,652 shares of the business services provider’s stock valued at $437,153,000 after buying an additional 291,047 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Exponent by 0.5% during the first quarter. CANADA LIFE ASSURANCE Co now owns 38,341 shares of the business services provider’s stock valued at $3,165,000 after acquiring an additional 206 shares during the period. Quadrature Capital Ltd grew its position in shares of Exponent by 18.6% in the first quarter. Quadrature Capital Ltd now owns 4,562 shares of the business services provider’s stock valued at $377,000 after purchasing an additional 715 shares during the last quarter. Finally, LRI Investments LLC bought a new position in shares of Exponent in the first quarter worth about $123,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity

In related news, Director Paul R. Johnston sold 14,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the transaction, the director now owns 80,742 shares of the company’s stock, valued at approximately $8,445,613.20. The trade was a 14.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the sale, the director now directly owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,339 shares of company stock valued at $3,103,065. 2.10% of the stock is owned by company insiders.

Exponent Stock Performance

NASDAQ EXPO opened at $98.04 on Friday. The stock has a 50-day simple moving average of $106.31 and a 200 day simple moving average of $102.12. Exponent, Inc. has a twelve month low of $68.70 and a twelve month high of $115.75. The stock has a market capitalization of $4.98 billion, a PE ratio of 47.36 and a beta of 0.69.

Exponent Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a dividend of $0.28 per share. The ex-dividend date is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.14%. 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.