HighTower Advisors LLC Has $792,000 Stake in Exponent, Inc. (NASDAQ:EXPO)

HighTower Advisors LLC reduced its holdings in Exponent, Inc. (NASDAQ:EXPO) by 11.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,799 shares of the business services provider’s stock after selling 851 shares during the quarter. HighTower Advisors LLC’s holdings in Exponent were worth $792,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Exponent by 6.5% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,640,600 shares of the business services provider’s stock valued at $441,414,000 after acquiring an additional 284,179 shares in the last quarter. International Assets Investment Management LLC bought a new position in Exponent in the third quarter valued at approximately $11,261,000. Conestoga Capital Advisors LLC increased its position in shares of Exponent by 2.8% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 2,763,260 shares of the business services provider’s stock worth $262,841,000 after purchasing an additional 75,909 shares during the last quarter. TimesSquare Capital Management LLC raised its stake in shares of Exponent by 21.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 280,090 shares of the business services provider’s stock worth $32,289,000 after purchasing an additional 48,859 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Exponent by 173.8% during the 2nd quarter. Squarepoint Ops LLC now owns 58,303 shares of the business services provider’s stock worth $5,546,000 after purchasing an additional 37,012 shares in the last quarter. 92.37% of the stock is owned by institutional investors.

Insider Transactions at Exponent

In other Exponent news, Director Paul R. Johnston sold 14,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now owns 80,742 shares of the company’s stock, valued at $8,445,613.20. The trade was a 14.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carol Lindstrom sold 1,039 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the completion of the sale, the director now owns 5,871 shares in the company, valued at $565,494.72. This represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,339 shares of company stock worth $3,103,065 in the last ninety days. Insiders own 2.10% of the company’s stock.

Exponent Trading Down 3.3 %

NASDAQ:EXPO opened at $90.72 on Thursday. The stock has a market capitalization of $4.61 billion, a PE ratio of 43.83 and a beta of 0.70. Exponent, Inc. has a 1-year low of $68.70 and a 1-year high of $115.75. The firm has a fifty day simple moving average of $100.66 and a 200 day simple moving average of $102.29.

Exponent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

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.