Redwood Park Advisors LLC Buys Shares of 2,258 Exponent, Inc. (NASDAQ:EXPO)

Redwood Park Advisors LLC bought a new position in Exponent, Inc. (NASDAQ:EXPO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,258 shares of the business services provider’s stock, valued at approximately $201,000.

A number of other institutional investors have also modified their holdings of the stock. Private Trust Co. NA lifted its holdings in Exponent by 129.8% in the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 157 shares during the last quarter. Atala Financial Inc acquired a new stake in Exponent in the 4th quarter valued at about $25,000. Westside Investment Management Inc. acquired a new stake in Exponent in the 3rd quarter valued at about $26,000. Tortoise Investment Management LLC raised its position in shares of Exponent by 76.7% during the 4th quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock worth $39,000 after acquiring an additional 191 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of Exponent during the 4th quarter worth about $45,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Exponent Trading Up 5.4 %

Shares of EXPO stock opened at $79.79 on Thursday. The business’s 50 day moving average is $84.02 and its two-hundred day moving average is $93.72. Exponent, Inc. has a twelve month low of $73.83 and a twelve month high of $115.75. The company has a market capitalization of $4.05 billion, a P/E ratio of 37.64 and a beta of 0.84.

Exponent (NASDAQ:EXPO) last issued its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same quarter in the previous year, the firm earned $0.41 earnings per share. As a group, equities analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total transaction of $149,174.48. Following the completion of the sale, the vice president now owns 1,800 shares in the company, valued at $154,674. This trade represents a 49.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

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.