4,730 Shares in Exponent, Inc. (NASDAQ:EXPO) Bought by Cibc World Markets Corp

Cibc World Markets Corp bought a new stake in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,730 shares of the business services provider's stock, valued at approximately $421,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Westside Investment Management Inc. purchased a new stake in Exponent in the third quarter worth $26,000. Private Trust Co. NA grew its holdings in shares of Exponent by 129.8% in the fourth 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 purchased a new position in Exponent in the 4th quarter worth about $25,000. Tortoise Investment Management LLC lifted its holdings in Exponent by 76.7% during the 4th quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider's stock valued at $39,000 after buying an additional 191 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new stake in Exponent in the 4th quarter valued at about $45,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exponent

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

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Exponent Price Performance

EXPO stock traded up $1.63 during mid-day trading on Thursday, reaching $82.04. The company had a trading volume of 263,223 shares, compared to its average volume of 216,892. The company has a market capitalization of $4.17 billion, a PE ratio of 38.70 and a beta of 0.77. The firm has a 50 day moving average of $87.20 and a 200 day moving average of $96.00. Exponent, Inc. has a 12 month low of $77.30 and a 12 month high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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 previous year, the company earned $0.41 EPS. Analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent 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.