Trust Point Inc. Decreases Stock Holdings in Exponent, Inc. (NASDAQ:EXPO)

Trust Point Inc. lessened its holdings in Exponent, Inc. (NASDAQ:EXPO) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,129 shares of the business services provider’s stock after selling 1,451 shares during the quarter. Trust Point Inc.’s holdings in Exponent were worth $992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Westside Investment Management Inc. acquired a new position in shares of Exponent during the third quarter worth about $26,000. Quarry LP purchased a new stake in shares of Exponent during the 2nd quarter valued at about $25,000. Trust Co. of Vermont acquired a new position in Exponent during the 4th quarter worth approximately $45,000. USA Financial Formulas purchased a new position in Exponent in the 3rd quarter worth approximately $60,000. Finally, Anchor Investment Management LLC purchased a new position in Exponent in the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity at Exponent

In other Exponent news, Director Paul R. Johnston sold 7,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $98.32, for a total transaction of $688,240.00. Following the transaction, the director now owns 59,406 shares of the company’s stock, valued at $5,840,797.92. This trade represents a 10.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold 15,300 shares of company stock valued at $1,538,589 over the last ninety days. Corporate insiders own 2.10% of the company’s stock.

Exponent Trading Up 0.5 %

EXPO opened at $92.27 on Wednesday. Exponent, Inc. has a twelve month low of $74.30 and a twelve month high of $115.75. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 44.58 and a beta of 0.71. The company has a fifty day simple moving average of $92.43 and a 200 day simple moving average of $100.97.

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.