Exponent, Inc. (NASDAQ:EXPO) insider Harri Kytomaa sold 12,000 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $66.38, for a total transaction of $796,560.00. Following the sale, the insider now owns 11,360 shares in the company, valued at approximately $754,076.80. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Exponent, Inc. (NASDAQ:EXPO) traded up 0.37% during trading on Tuesday, reaching $67.15. 102,622 shares of the company were exchanged. Exponent, Inc. has a one year low of $48.42 and a one year high of $68.30. The stock has a 50-day moving average price of $60.42 and a 200-day moving average price of $59.43. The stock has a market capitalization of $1.77 billion, a PE ratio of 34.81 and a beta of 0.62.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings results on Tuesday, July 18th. The business services provider reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.10. Exponent had a net margin of 15.94% and a return on equity of 16.52%. The company had revenue of $84.10 million during the quarter, compared to analyst estimates of $79.30 million. During the same period in the prior year, the business posted $0.38 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. Analysts forecast that Exponent, Inc. will post $1.97 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 1st will be issued a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.84 annualized dividend and a yield of 1.25%. Exponent’s dividend payout ratio (DPR) is presently 43.52%.

TRADEMARK VIOLATION WARNING: This story was published by American Banking News and is owned by of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/08/harri-kytomaa-sells-12000-shares-of-exponent-inc-expo-stock.html.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. raised its position in shares of Exponent by 17.7% in the second quarter. Victory Capital Management Inc. now owns 3,157 shares of the business services provider’s stock valued at $184,000 after buying an additional 474 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of Exponent by 68.9% in the second quarter. BNP Paribas Arbitrage SA now owns 8,731 shares of the business services provider’s stock valued at $509,000 after buying an additional 3,562 shares during the period. Legal & General Group Plc raised its position in shares of Exponent by 9.3% in the second quarter. Legal & General Group Plc now owns 50,587 shares of the business services provider’s stock valued at $2,948,000 after buying an additional 4,318 shares during the period. Alps Advisors Inc. raised its position in shares of Exponent by 0.3% in the second quarter. Alps Advisors Inc. now owns 8,206 shares of the business services provider’s stock valued at $478,000 after buying an additional 21 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Exponent during the second quarter valued at approximately $278,000. Institutional investors and hedge funds own 90.55% of the company’s stock.

EXPO has been the subject of several research reports. Zacks Investment Research downgraded shares of Exponent from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $69.00 price target (up previously from $64.00) on shares of Exponent in a research note on Saturday, April 22nd. BidaskClub downgraded shares of Exponent from a “hold” rating to a “sell” rating in a research note on Tuesday, June 20th. Finally, ValuEngine raised shares of Exponent from a “sell” rating to a “hold” rating in a research note on Thursday, July 20th.

Exponent Company Profile

Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.

Insider Buying and Selling by Quarter for Exponent (NASDAQ:EXPO)

Receive News & Ratings for Exponent Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exponent Inc. and related companies with MarketBeat.com's FREE daily email newsletter.