Paul R. Johnston Sells 1,300 Shares of Exponent, Inc. (NASDAQ:EXPO) Stock

Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston sold 1,300 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total transaction of $123,539.00. Following the sale, the director now owns 59,406 shares of the company’s stock, valued at $5,645,352.18. This represents a 2.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Exponent Price Performance

Exponent stock opened at $95.86 on Friday. The business has a 50 day simple moving average of $106.50 and a 200-day simple moving average of $102.05. Exponent, Inc. has a 12 month low of $68.70 and a 12 month high of $115.75. The stock has a market capitalization of $4.87 billion, a PE ratio of 46.31 and a beta of 0.69.

Exponent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Friday, December 6th. Exponent’s payout ratio is 54.11%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EXPO. Westside Investment Management Inc. purchased a new position in Exponent in the 3rd quarter valued at approximately $26,000. Quarry LP acquired a new position in Exponent during the second quarter valued at approximately $25,000. GAMMA Investing LLC lifted its position in Exponent by 67.7% during the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after acquiring an additional 153 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Exponent by 166.5% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock worth $49,000 after acquiring an additional 323 shares in the last quarter. Finally, USA Financial Formulas acquired a new position in Exponent during the 3rd quarter worth $60,000. 92.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Truist Financial restated a “buy” rating and set a $120.00 target price (up from $100.00) on shares of Exponent in a research report on Friday, July 26th.

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.