Exponent, Inc. (NASDAQ:EXPO) Stock Holdings Decreased by Retirement Systems of Alabama

Retirement Systems of Alabama reduced its position in Exponent, Inc. (NASDAQ:EXPO) by 1.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 61,626 shares of the business services provider’s stock after selling 914 shares during the period. Retirement Systems of Alabama’s holdings in Exponent were worth $7,104,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPO. Sanctuary Advisors LLC lifted its stake in Exponent by 16.0% during the third quarter. Sanctuary Advisors LLC now owns 20,768 shares of the business services provider’s stock worth $2,394,000 after purchasing an additional 2,871 shares during the last quarter. Anchor Investment Management LLC acquired a new position in shares of Exponent in the 3rd quarter valued at about $64,000. Westside Investment Management Inc. acquired a new stake in Exponent during the third quarter worth about $26,000. Coldstream Capital Management Inc. acquired a new position in Exponent in the third quarter valued at approximately $556,000. Finally, Geode Capital Management LLC grew its holdings in shares of Exponent by 4.8% during the third quarter. Geode Capital Management LLC now owns 1,505,652 shares of the business services provider’s stock valued at $173,597,000 after purchasing an additional 69,099 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity at Exponent

In other news, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction 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 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul R. Johnston sold 1,300 shares of the firm’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 transaction of $123,539.00. Following the completion of the transaction, the director now directly owns 59,406 shares of the company’s stock, valued at $5,645,352.18. This represents a 2.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,339 shares of company stock worth $3,103,065 in the last three months. 2.10% of the stock is owned by company insiders.

Exponent Price Performance

Shares of EXPO opened at $93.78 on Wednesday. Exponent, Inc. has a 12 month low of $68.70 and a 12 month high of $115.75. The stock has a fifty day moving average price of $101.10 and a 200 day moving average price of $102.37. The company has a market cap of $4.76 billion, a P/E ratio of 45.30 and a beta of 0.70.

Exponent Announces Dividend

The firm also recently disclosed 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. This represents a $1.12 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is 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.