Exponent, Inc. (NASDAQ:EXPO) Shares Sold by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. reduced its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 43.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 511 shares of the business services provider’s stock after selling 392 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Exponent were worth $46,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of EXPO. Pathstone Holdings LLC raised its position in shares of Exponent by 7.9% during the 3rd quarter. Pathstone Holdings LLC now owns 23,606 shares of the business services provider’s stock worth $2,721,000 after buying an additional 1,722 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Exponent by 2.2% during the third quarter. PNC Financial Services Group Inc. now owns 11,134 shares of the business services provider’s stock worth $1,284,000 after purchasing an additional 239 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Exponent in the third quarter worth approximately $933,000. Charles Schwab Investment Management Inc. lifted its position in Exponent by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 517,612 shares of the business services provider’s stock worth $59,670,000 after purchasing an additional 7,163 shares during the period. Finally, Raymond James Trust N.A. boosted its stake in Exponent by 4.2% during the 3rd quarter. Raymond James Trust N.A. now owns 6,489 shares of the business services provider’s stock valued at $748,000 after purchasing an additional 259 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Buying and Selling

In other Exponent news, VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total value of $149,174.48. Following the transaction, the vice president now owns 1,800 shares in the company, valued at approximately $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.10% of the company’s stock.

Exponent Stock Performance

EXPO opened at $80.19 on Tuesday. The stock’s fifty day moving average is $87.63 and its 200-day moving average is $96.27. Exponent, Inc. has a one year low of $77.30 and a one year high of $115.75. The company has a market capitalization of $4.08 billion, a PE ratio of 37.83 and a beta of 0.77.

Exponent (NASDAQ:EXPO) last issued its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, topping 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 in the previous year, the firm earned $0.41 EPS. On average, equities research analysts forecast that Exponent, Inc. will post 1.98 EPS for the current fiscal year.

Exponent Company 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.