Intech Investment Management LLC Has $2.31 Million Stock Position in Exponent, Inc. (NASDAQ:EXPO)

Intech Investment Management LLC lifted its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 220.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,973 shares of the business services provider’s stock after purchasing an additional 17,880 shares during the quarter. Intech Investment Management LLC’s holdings in Exponent were worth $2,314,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Empowered Funds LLC lifted its position in shares of Exponent by 22.1% during the 3rd quarter. Empowered Funds LLC now owns 9,525 shares of the business services provider’s stock worth $1,098,000 after buying an additional 1,724 shares during the last quarter. Pathstone Holdings LLC lifted 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 during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Exponent by 2.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 11,134 shares of the business services provider’s stock worth $1,284,000 after buying an additional 239 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Exponent by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 517,612 shares of the business services provider’s stock worth $59,670,000 after buying an additional 7,163 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its position in shares of 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 worth $748,000 after buying an additional 259 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Exponent Stock Down 2.5 %

Shares of EXPO stock opened at $80.22 on Friday. Exponent, Inc. has a twelve month low of $77.30 and a twelve month high of $115.75. The company has a market cap of $4.08 billion, a P/E ratio of 37.84 and a beta of 0.77. The business has a fifty day simple moving average of $88.04 and a 200 day simple moving average of $96.78.

Exponent (NASDAQ:EXPO) last posted its earnings results 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 return on equity of 27.27% and a net margin of 19.52%. During the same period in the prior year, the firm earned $0.41 earnings per share. As a group, equities research analysts anticipate that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the transaction, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. This trade represents a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.10% of the company’s stock.

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.