Dimensional Fund Advisors LP Trims Stake in Exponent, Inc. (NASDAQ:EXPO)

Dimensional Fund Advisors LP cut its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 4.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 931,495 shares of the business services provider’s stock after selling 42,271 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Exponent were worth $82,996,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Westside Investment Management Inc. bought a new stake in Exponent in the third quarter worth about $26,000. Private Trust Co. NA lifted its stake in shares of Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Atala Financial Inc purchased a new position in Exponent during the 4th quarter valued at $25,000. Tortoise Investment Management LLC grew its position in Exponent by 76.7% in the 4th quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 191 shares during the last quarter. Finally, Trust Co. of Vermont bought a new position in Exponent in the 4th quarter valued at $45,000. 92.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the sale, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. This represents a 49.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.10% of the stock is owned by insiders.

Exponent Trading Up 0.9 %

NASDAQ:EXPO opened at $78.88 on Wednesday. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 37.21 and a beta of 0.84. Exponent, Inc. has a twelve month low of $73.83 and a twelve month high of $115.75. The stock has a fifty day simple moving average of $81.04 and a 200-day simple moving average of $90.42.

Exponent (NASDAQ:EXPO) last announced its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 earnings per share 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 quarter last year, the business posted $0.41 earnings per share. As a group, equities research analysts predict that Exponent, Inc. will post 1.98 EPS for the current fiscal 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.