Exponent, Inc. (NASDAQ:EXPO) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC boosted its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 20.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,823 shares of the business services provider’s stock after purchasing an additional 3,659 shares during the period. Cerity Partners LLC’s holdings in Exponent were worth $2,516,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Inspire Advisors LLC increased its stake in shares of Exponent by 1.3% during the second quarter. Inspire Advisors LLC now owns 7,615 shares of the business services provider’s stock worth $724,000 after purchasing an additional 98 shares in the last quarter. Caprock Group LLC raised its holdings in Exponent by 4.2% in the 2nd quarter. Caprock Group LLC now owns 3,296 shares of the business services provider’s stock valued at $314,000 after buying an additional 134 shares during the period. GAMMA Investing LLC boosted its position in shares of Exponent by 67.7% during the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after purchasing an additional 153 shares during the period. Raymond James Trust N.A. grew its stake in shares of Exponent by 2.8% in the second quarter. Raymond James Trust N.A. now owns 6,230 shares of the business services provider’s stock valued at $593,000 after buying an additional 172 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in Exponent by 11.0% during the second quarter. Parkside Financial Bank & Trust now owns 2,008 shares of the business services provider’s stock worth $191,000 after purchasing an additional 199 shares during the period. Institutional investors and hedge funds own 92.37% of the company’s stock.

Exponent Stock Up 0.1 %

NASDAQ:EXPO opened at $98.71 on Monday. The company has a fifty day simple moving average of $105.28 and a two-hundred day simple moving average of $102.29. Exponent, Inc. has a 52 week low of $68.70 and a 52 week high of $115.75. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 47.69 and a beta of 0.69.

Exponent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be issued a $0.28 dividend. The ex-dividend date is Friday, December 6th. This represents a $1.12 annualized dividend and a yield of 1.13%. Exponent’s dividend payout ratio (DPR) is 54.11%.

Insider Transactions at Exponent

In other news, Director Paul R. Johnston sold 14,000 shares of Exponent stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the sale, the director now owns 80,742 shares in the company, valued at approximately $8,445,613.20. The trade was a 14.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the transaction, the director now owns 5,871 shares in the company, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 30,339 shares of company stock valued at $3,103,065. Insiders own 2.10% of the company’s stock.

About Exponent

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.