Exponent VP Unloads $313,760 in Stock (EXPO)
Exponent (NASDAQ:EXPO) VP Paul Boehm unloaded 4,000 shares of the stock on the open market in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $78.44, for a total transaction of $313,760.00. Following the completion of the sale, the vice president now directly owns 9,980 shares in the company, valued at approximately $782,831. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of Exponent from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, October 18th. They now have a $77.00 price target on the stock.
Shares of Exponent (NASDAQ:EXPO) traded up 0.09% during mid-day trading on Wednesday, hitting $78.99. The stock had a trading volume of 13,523 shares. Exponent has a one year low of $47.17 and a one year high of $69.81. The stock has a 50-day moving average of $66.7 and a 200-day moving average of $58.6. The company has a market cap of $1.074 billion and a P/E ratio of 29.04.
Exponent (NASDAQ:EXPO) last announced its earnings results on Wednesday, October 16th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.18. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $67.15 million. Analysts expect that Exponent will post $2.64 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 20th. Stockholders of record on Friday, November 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Tuesday, November 26th.
Exponent, Inc is a science and engineering consulting firm that provides solutions to complex problems.
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