Lindenwold Advisors INC Sells 180 Shares of Exponent, Inc. (NASDAQ:EXPO)

Lindenwold Advisors INC decreased its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,761 shares of the business services provider’s stock after selling 180 shares during the period. Lindenwold Advisors INC’s holdings in Exponent were worth $335,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Venturi Wealth Management LLC boosted its holdings in shares of Exponent by 4.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock worth $226,000 after buying an additional 111 shares in the last quarter. Heritage Family Offices LLP boosted its stake in Exponent by 3.8% during the fourth quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock worth $278,000 after acquiring an additional 114 shares in the last quarter. Arizona State Retirement System increased its stake in Exponent by 0.9% in the fourth quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider’s stock valued at $1,312,000 after purchasing an additional 133 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of Exponent by 129.8% during the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 157 shares during the period. Finally, Pacer Advisors Inc. boosted its position in shares of Exponent by 2.4% during the 4th quarter. Pacer Advisors Inc. now owns 7,574 shares of the business services provider’s stock worth $675,000 after purchasing an additional 180 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Exponent Price Performance

Shares of Exponent stock opened at $82.60 on Wednesday. The business has a 50-day simple moving average of $88.37 and a 200 day simple moving average of $97.00. Exponent, Inc. has a one year low of $77.30 and a one year high of $115.75. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 38.96 and a beta of 0.77.

Exponent (NASDAQ:EXPO) last issued its earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $0.41 EPS. On average, sell-side analysts expect that Exponent, Inc. will post 1.98 EPS for the current year.

Insiders Place Their Bets

In other news, VP Richard Reiss sold 1,736 shares of the business’s 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 completion of the sale, the vice president now directly owns 1,800 shares of the company’s stock, valued at $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.10% of the company’s stock.

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.