Kingfisher Capital LLC Sells 2,206 Shares of Exponent, Inc. (NASDAQ:EXPO)

Kingfisher Capital LLC trimmed its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 6.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 29,978 shares of the business services provider’s stock after selling 2,206 shares during the quarter. Kingfisher Capital LLC’s holdings in Exponent were worth $3,456,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Quarry LP purchased a new stake in shares of Exponent during the 2nd quarter valued at approximately $25,000. GAMMA Investing LLC boosted its holdings in shares of Exponent by 67.7% in the second quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock worth $36,000 after acquiring an additional 153 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of Exponent by 166.5% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 323 shares in the last quarter. USA Financial Formulas purchased a new position in shares of Exponent in the third quarter valued at $60,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Exponent by 70.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 361 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Exponent news, Director Paul R. Johnston sold 1,300 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total value of $123,539.00. Following the completion of the sale, the director now owns 59,406 shares of the company’s stock, valued at $5,645,352.18. This represents a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carol Lindstrom sold 1,039 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the sale, the director now directly owns 5,871 shares of the company’s stock, valued at $565,494.72. This trade represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,339 shares of company stock worth $3,103,065. Corporate insiders own 2.10% of the company’s stock.

Exponent Stock Down 0.4 %

EXPO stock opened at $98.61 on Friday. The stock has a 50-day simple moving average of $105.78 and a two-hundred day simple moving average of $102.23. Exponent, Inc. has a twelve month low of $68.70 and a twelve month high of $115.75. The firm has a market capitalization of $5.01 billion, a PE ratio of 47.64 and a beta of 0.69.

Exponent Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.14%. 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.