Charles Schwab Investment Management Inc. Increases Stock Position in Exponent, Inc. (NASDAQ:EXPO)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 1.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 525,378 shares of the business services provider's stock after purchasing an additional 7,766 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.04% of Exponent worth $46,811,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp grew its position in Exponent by 0.7% during the 3rd quarter. State Street Corp now owns 1,840,313 shares of the business services provider's stock worth $212,151,000 after purchasing an additional 13,644 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Exponent by 4.8% in 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 acquiring an additional 69,099 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings 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 valued at $72,701,000 after acquiring an additional 245,086 shares in the last quarter. TimesSquare Capital Management LLC boosted its holdings in shares of Exponent by 22.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 342,850 shares of the business services provider's stock valued at $30,548,000 after acquiring an additional 62,760 shares in the last quarter. Finally, Roffman Miller Associates Inc. PA boosted its holdings in shares of Exponent by 0.3% in the third quarter. Roffman Miller Associates Inc. PA now owns 311,802 shares of the business services provider's stock valued at $35,945,000 after acquiring an additional 877 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling 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 shares were sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the transaction, the vice president now owns 1,800 shares of the company's stock, 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 SEC, which is available at the SEC website. Insiders own 2.10% of the company's stock.

Exponent Trading Down 0.5 %

Shares of NASDAQ:EXPO traded down $0.42 during midday trading on Tuesday, hitting $82.60. The stock had a trading volume of 261,841 shares, compared to its average volume of 215,338. The company has a market capitalization of $4.20 billion, a PE ratio of 38.96 and a beta of 0.77. The stock has a 50 day moving average price of $88.45 and a two-hundred day moving average price of $97.18. Exponent, Inc. has a 1 year low of $77.30 and a 1 year high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, topping analysts' consensus estimates 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 in the prior year, the company earned $0.41 EPS. As a group, equities analysts expect that Exponent, Inc. will post 1.98 EPS for the current year.

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.