Redwood Park Advisors LLC Takes $201,000 Position in Exponent, Inc. (NASDAQ:EXPO)

Redwood Park Advisors LLC purchased a new stake in shares of Exponent, Inc. (NASDAQ:EXPO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,258 shares of the business services provider’s stock, valued at approximately $201,000.

A number of other institutional investors have also recently bought and sold shares of EXPO. Westside Investment Management Inc. acquired a new stake in shares of Exponent in the third quarter worth about $26,000. Private Trust Co. NA lifted its position in shares of Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after purchasing an additional 157 shares during the last quarter. Atala Financial Inc bought a new position in Exponent during the fourth quarter valued at about $25,000. Tortoise Investment Management LLC grew its stake in shares of Exponent by 76.7% in the 4th quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 191 shares during the period. Finally, Trust Co. of Vermont bought a new stake in shares of Exponent in the 4th quarter valued at approximately $45,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total transaction of $149,174.48. Following the sale, the vice president now owns 1,800 shares of the company’s stock, 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 the SEC website. 2.10% of the stock is currently owned by company insiders.

Exponent Price Performance

NASDAQ EXPO opened at $79.79 on Thursday. The stock’s 50 day simple moving average is $84.02 and its 200 day simple moving average is $93.72. Exponent, Inc. has a one year low of $73.83 and a one year high of $115.75. The firm has a market cap of $4.05 billion, a PE ratio of 37.64 and a beta of 0.84.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 company posted $0.41 EPS. As a group, equities analysts expect that Exponent, Inc. will post 1.98 earnings per share for the current year.

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.