Westside Investment Management Inc. Takes $26,000 Position in Exponent, Inc. (NASDAQ:EXPO)

Westside Investment Management Inc. bought a new position in Exponent, Inc. (NASDAQ:EXPO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 227 shares of the business services provider’s stock, valued at approximately $26,000.

A number of other institutional investors have also added to or reduced their stakes in EXPO. Quarry LP bought a new position in shares of Exponent during the 2nd quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. boosted its stake in 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 worth $49,000 after buying an additional 323 shares in the last quarter. USA Financial Formulas bought a new position in Exponent during the third quarter valued at approximately $60,000. GAMMA Investing LLC raised its stake in shares of Exponent by 64.6% during the third quarter. GAMMA Investing LLC now owns 624 shares of the business services provider’s stock worth $72,000 after acquiring an additional 245 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Exponent by 70.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock worth $83,000 after acquiring an additional 361 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insider Activity

In related news, Director Paul R. Johnston sold 1,300 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total transaction of $123,539.00. Following the completion of the sale, the director now directly owns 59,406 shares in the company, valued at $5,645,352.18. This represents a 2.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Carol Lindstrom sold 1,039 shares of the business’s 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 completion of the transaction, the director now owns 5,871 shares in the company, valued at $565,494.72. The trade was a 15.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,339 shares of company stock valued at $3,103,065. Insiders own 2.10% of the company’s stock.

Exponent Stock Performance

EXPO stock opened at $94.74 on Friday. The firm has a market cap of $4.81 billion, a P/E ratio of 45.77 and a beta of 0.70. The firm’s fifty day moving average is $102.29 and its 200 day moving average is $102.29. Exponent, Inc. has a 52 week low of $68.70 and a 52 week high of $115.75.

Exponent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a $0.28 dividend. The ex-dividend date is Friday, December 6th. This represents a $1.12 annualized dividend and a dividend yield of 1.18%. Exponent’s dividend payout ratio is currently 54.11%.

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.