LPL Financial LLC Has $6.23 Million Holdings in Exponent, Inc. (NASDAQ:EXPO)

LPL Financial LLC increased its holdings in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 16.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,873 shares of the business services provider's stock after acquiring an additional 9,658 shares during the period. LPL Financial LLC owned about 0.14% of Exponent worth $6,226,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EXPO. Barclays PLC raised its stake in Exponent by 219.0% during the third quarter. Barclays PLC now owns 96,526 shares of the business services provider's stock worth $11,127,000 after acquiring an additional 66,263 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Exponent by 223.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,158 shares of the business services provider's stock worth $541,000 after purchasing an additional 4,254 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Exponent by 63.6% during the 3rd 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 in the last quarter. Argent Capital Management LLC lifted its holdings 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 valued at $2,524,000 after purchasing an additional 4,173 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in 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 buying an additional 69,099 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related 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 in the company, valued at $154,674. The trade was a 49.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.10% of the company's stock.

Exponent Stock Performance

Shares of NASDAQ EXPO traded up $1.32 during mid-day trading on Friday, hitting $80.32. 307,072 shares of the stock were exchanged, compared to its average volume of 242,311. Exponent, Inc. has a twelve month low of $73.83 and a twelve month high of $115.75. The stock's fifty day simple moving average is $83.53 and its two-hundred day simple moving average is $93.26. The company has a market cap of $4.08 billion, a P/E ratio of 37.89 and a beta of 0.84.

Exponent (NASDAQ:EXPO - Get Free Report) last posted 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 return on equity of 27.27% and a net margin of 19.52%. During the same period last year, the company earned $0.41 EPS. As a group, equities research analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current fiscal 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.