Dynamic Technology Lab Private Ltd Invests $296,000 in Exponent, Inc. (NASDAQ:EXPO)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Exponent, Inc. (NASDAQ:EXPO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,319 shares of the business services provider’s stock, valued at approximately $296,000.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Exponent by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 5,345,503 shares of the business services provider’s stock worth $476,284,000 after buying an additional 67,296 shares during the last quarter. State Street Corp raised its holdings in shares of Exponent by 0.7% during the third quarter. State Street Corp now owns 1,840,313 shares of the business services provider’s stock valued at $212,151,000 after acquiring an additional 13,644 shares in the last quarter. Geode Capital Management LLC lifted its stake in Exponent by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,519,584 shares of the business services provider’s stock worth $135,419,000 after acquiring an additional 13,932 shares during the period. Wells Fargo & Company MN boosted its holdings in Exponent by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 739,710 shares of the business services provider’s stock valued at $65,908,000 after acquiring an additional 4,704 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Exponent by 63.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock valued at $72,701,000 after purchasing an additional 245,086 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Transactions at Exponent

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

Exponent Trading Down 1.0 %

Shares of NASDAQ EXPO opened at $79.00 on Friday. The firm has a fifty day simple moving average of $83.77 and a two-hundred day simple moving average of $93.48. Exponent, Inc. has a 12 month low of $73.83 and a 12 month high of $115.75. The firm has a market capitalization of $4.01 billion, a PE ratio of 37.26 and a beta of 0.84.

Exponent (NASDAQ:EXPO) last announced its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06. Exponent had a net margin of 19.52% and a return on equity of 27.27%. During the same quarter in the previous year, the company earned $0.41 EPS. On average, sell-side analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Company 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.