Exponent (NASDAQ:EXPO) CEO Sells $342,908.55 in Stock

Exponent, Inc. (NASDAQ:EXPO) CEO Catherine Corrigan sold 4,905 shares of Exponent stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $69.91, for a total transaction of $342,908.55. Following the sale, the chief executive officer directly owned 82,753 shares of the company’s stock, valued at $5,785,262.23. The trade was a 5.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Catherine Corrigan also recently made the following trade(s):

• On Thursday, August 14th, Catherine Corrigan sold 4,896 shares of Exponent stock. The stock was sold at an average price of $71.09, for a total transaction of $348,056.64.

Exponent Stock Performance

Shares of EXPO stock opened at $69.67 on Wednesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 34.84 and a beta of 0.94. The company has a 50-day simple moving average of $71.37 and a 200 day simple moving average of $76.00. Exponent, Inc. has a 52 week low of $63.81 and a 52 week high of $115.75.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, July 31st. The business services provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $132.87 million during the quarter, compared to the consensus estimate of $130.82 million. Exponent had a net margin of 18.35% and a return on equity of 24.19%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.57 EPS. Sell-side analysts forecast that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, September 5th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. Exponent’s payout ratio is currently 60.00%.

Institutional Trading of Exponent

Institutional investors have recently bought and sold shares of the business. Brooklyn Investment Group boosted its holdings in Exponent by 10,200.0% in the 1st quarter. Brooklyn Investment Group now owns 309 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 306 shares during the period. Whipplewood Advisors LLC raised its position in shares of Exponent by 5,333.3% in the 1st quarter. Whipplewood Advisors LLC now owns 326 shares of the business services provider’s stock valued at $26,000 after buying an additional 320 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Exponent in the 2nd quarter valued at approximately $34,000. UMB Bank n.a. raised its position in shares of Exponent by 859.1% in the 1st quarter. UMB Bank n.a. now owns 633 shares of the business services provider’s stock valued at $51,000 after buying an additional 567 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Exponent by 103.3% in the 1st quarter. Bessemer Group Inc. now owns 681 shares of the business services provider’s stock valued at $55,000 after buying an additional 346 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

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.