TD Private Client Wealth LLC Reduces Stock Holdings in Exponent, Inc. (NASDAQ:EXPO)

TD Private Client Wealth LLC lowered its position in Exponent, Inc. (NASDAQ:EXPO) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,101 shares of the business services provider’s stock after selling 672 shares during the quarter. TD Private Client Wealth LLC’s holdings in Exponent were worth $1,345,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of EXPO. Barclays PLC lifted its position in Exponent by 219.0% in the third quarter. Barclays PLC now owns 96,526 shares of the business services provider’s stock valued at $11,127,000 after buying an additional 66,263 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Exponent by 223.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 6,158 shares of the business services provider’s stock valued at $541,000 after buying an additional 4,254 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Exponent by 63.6% in the third quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock valued at $72,701,000 after buying an additional 245,086 shares during the last quarter. Argent Capital Management LLC lifted its position in Exponent by 17.3% in the fourth quarter. Argent Capital Management LLC now owns 28,323 shares of the business services provider’s stock valued at $2,524,000 after buying an additional 4,173 shares during the last quarter. Finally, Citigroup Inc. lifted its position in Exponent by 174.7% in the third quarter. Citigroup Inc. now owns 48,309 shares of the business services provider’s stock valued at $5,569,000 after buying an additional 30,723 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Transactions at Exponent

In other news, VP Richard Reiss sold 1,736 shares of the 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 sale, the vice president now owns 1,800 shares of the company’s stock, valued at approximately $154,674. This represents a 49.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.10% of the company’s stock.

Exponent Price Performance

NASDAQ EXPO opened at $78.90 on Friday. The firm’s 50-day moving average is $87.84 and its two-hundred day moving average is $96.51. Exponent, Inc. has a 12 month low of $77.30 and a 12 month high of $115.75. 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 posted its earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS 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 earned $0.41 EPS. As a group, analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current year.

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.