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

Dynamic Technology Lab Private Ltd bought a new stake in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,319 shares of the business services provider's stock, valued at approximately $296,000.

Several other hedge funds also recently bought and sold shares of EXPO. Barclays PLC grew its position in shares of Exponent by 219.0% during the 3rd quarter. Barclays PLC now owns 96,526 shares of the business services provider's stock worth $11,127,000 after buying an additional 66,263 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Exponent by 223.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 6,158 shares of the business services provider's stock worth $541,000 after buying an additional 4,254 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Exponent by 63.6% in the third quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider's stock worth $72,701,000 after purchasing an additional 245,086 shares during the last quarter. Argent Capital Management LLC raised its position in Exponent by 17.3% during the 4th quarter. Argent Capital Management LLC now owns 28,323 shares of the business services provider's stock worth $2,524,000 after buying an additional 4,173 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in 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 period. Institutional investors own 92.37% of the company's stock.

Insider Activity at Exponent

In other news, VP Richard Reiss sold 1,736 shares of the business's stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 1,800 shares in the company, valued at $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is owned by company insiders.

Exponent Stock Performance

Exponent stock traded down $0.01 during midday trading on Wednesday, hitting $79.89. 45,485 shares of the company were exchanged, compared to its average volume of 240,961. The firm has a market capitalization of $4.06 billion, a PE ratio of 37.69 and a beta of 0.84. Exponent, Inc. has a fifty-two week low of $73.83 and a fifty-two week high of $115.75. The business has a fifty day simple moving average of $83.10 and a two-hundred day simple moving average of $92.80.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 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 last year, the firm earned $0.41 EPS. As a group, equities analysts expect that Exponent, Inc. will post 1.98 earnings per share 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.