Insider Selling: Exponent, Inc. (EXPO) VP Sells 3,000 Shares of Stock

Exponent, Inc. (NASDAQ:EXPO) VP Harri Kytomaa sold 3,000 shares of Exponent stock in a transaction on Monday, November 5th. The shares were sold at an average price of $51.50, for a total transaction of $154,500.00. Following the completion of the sale, the vice president now owns 6,090 shares in the company, valued at $313,635. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Harri Kytomaa also recently made the following trade(s):

  • On Friday, October 26th, Harri Kytomaa sold 7,000 shares of Exponent stock. The shares were sold at an average price of $49.00, for a total transaction of $343,000.00.

Exponent stock opened at $52.83 on Friday. Exponent, Inc. has a twelve month low of $34.90 and a twelve month high of $54.58. The stock has a market capitalization of $2.77 billion, a PE ratio of 44.42 and a beta of 0.61.

Exponent (NASDAQ:EXPO) last posted its earnings results on Thursday, October 18th. The business services provider reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. Exponent had a net margin of 13.98% and a return on equity of 20.92%. The firm had revenue of $88.71 million for the quarter, compared to the consensus estimate of $88.52 million. During the same period in the previous year, the firm posted $0.27 EPS. The business’s quarterly revenue was up 7.7% on a year-over-year basis. On average, research analysts anticipate that Exponent, Inc. will post 1.31 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Friday, December 7th will be issued a $0.13 dividend. The ex-dividend date is Thursday, December 6th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.98%. Exponent’s dividend payout ratio (DPR) is presently 48.60%.

Several institutional investors have recently bought and sold shares of EXPO. Strs Ohio bought a new stake in shares of Exponent in the 2nd quarter worth about $101,000. Fort L.P. bought a new stake in shares of Exponent in the 2nd quarter worth about $117,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Exponent by 100.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,952 shares of the business services provider’s stock worth $143,000 after buying an additional 1,476 shares during the last quarter. KBC Group NV bought a new stake in shares of Exponent in the 2nd quarter worth about $150,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Exponent by 2,500.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,250 shares of the business services provider’s stock worth $157,000 after buying an additional 3,125 shares during the last quarter. Hedge funds and other institutional investors own 89.14% of the company’s stock.

A number of analysts have issued reports on EXPO shares. Zacks Investment Research upgraded shares of Exponent from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a report on Monday, October 22nd. BidaskClub downgraded shares of Exponent from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 20th. Berenberg Bank started coverage on shares of Exponent in a report on Wednesday, September 12th. They issued a “buy” rating on the stock. Finally, SunTrust Banks lifted their price target on shares of Exponent to $56.00 and gave the company a “buy” rating in a report on Friday, July 20th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $45.00.

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About Exponent

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company worldwide. Its services include analysis of product development, product recall, regulatory compliance, and the discovery of potential problems related to products, people, property, and impending litigation.

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