22,985 Shares in Exponent, Inc. (NASDAQ:EXPO) Purchased by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in Exponent, Inc. (NASDAQ:EXPO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 22,985 shares of the business services provider’s stock, valued at approximately $2,048,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC increased its stake in Exponent by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock valued at $226,000 after buying an additional 111 shares during the last quarter. Heritage Family Offices LLP increased its stake in Exponent by 3.8% in the 4th quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock valued at $278,000 after buying an additional 114 shares during the last quarter. Arizona State Retirement System increased its stake in Exponent by 0.9% in the 4th quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider’s stock valued at $1,312,000 after buying an additional 133 shares during the last quarter. Private Trust Co. NA increased its stake in Exponent by 129.8% in the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after buying an additional 157 shares during the last quarter. Finally, Pacer Advisors Inc. increased its stake in Exponent by 2.4% in the 4th quarter. Pacer Advisors Inc. now owns 7,574 shares of the business services provider’s stock valued at $675,000 after buying an additional 180 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity

In other news, VP Richard Reiss sold 1,736 shares of the stock in a transaction that occurred on 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 transaction, the vice president now directly owns 1,800 shares of the company’s stock, valued at $154,674. This represents a 49.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.10% of the company’s stock.

Exponent Stock Performance

NASDAQ:EXPO opened at $78.90 on Monday. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 37.22 and a beta of 0.77. Exponent, Inc. has a 52 week low of $77.30 and a 52 week high of $115.75. The firm has a 50-day moving average price of $87.84 and a two-hundred day moving average price of $96.44.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate 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 period last year, the business posted $0.41 earnings per share. As a group, sell-side analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current 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.