Exponent, Inc. (NASDAQ:EXPO) Shares Sold by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC trimmed its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 18.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 784 shares of the business services provider’s stock after selling 181 shares during the period. Eagle Bay Advisors LLC’s holdings in Exponent were worth $70,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPO. Quarry LP purchased a new position in shares of Exponent during the 2nd quarter valued at approximately $25,000. Westside Investment Management Inc. bought a new position in Exponent during the 3rd quarter valued at $26,000. USA Financial Formulas bought a new position in Exponent during the 3rd quarter valued at $60,000. Anchor Investment Management LLC acquired a new position in Exponent during the 3rd quarter worth $64,000. Finally, GAMMA Investing LLC increased its position in shares of Exponent by 64.6% in the 3rd quarter. GAMMA Investing LLC now owns 624 shares of the business services provider’s stock worth $72,000 after purchasing an additional 245 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Activity

In related news, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $96.32, for a total transaction of $100,076.48. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul R. Johnston sold 14,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 80,742 shares in the company, valued at $8,445,613.20. This represents a 14.78 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,339 shares of company stock worth $3,103,065. 2.10% of the stock is currently owned by insiders.

Exponent Stock Performance

Shares of EXPO stock opened at $90.45 on Tuesday. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 43.70 and a beta of 0.71. Exponent, Inc. has a one year low of $68.70 and a one year high of $115.75. The company’s 50-day simple moving average is $94.88 and its 200-day simple moving average is $101.60.

Exponent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a $0.28 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $1.12 annualized dividend and a dividend yield of 1.24%. Exponent’s payout ratio 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.