New Age Alpha Advisors LLC Invests $481,000 in Exponent, Inc. (NASDAQ:EXPO)

New Age Alpha Advisors LLC purchased a new position in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,398 shares of the business services provider's stock, valued at approximately $481,000.

Other hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC grew its holdings in Exponent by 4.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider's stock valued at $226,000 after purchasing an additional 111 shares during the last quarter. Heritage Family Offices LLP grew its stake in Exponent by 3.8% in the 4th quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider's stock valued at $278,000 after buying an additional 114 shares during the last quarter. Arizona State Retirement System raised its holdings in Exponent by 0.9% in the 4th quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider's stock worth $1,312,000 after acquiring an additional 133 shares during the period. Private Trust Co. NA lifted its position in Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider's stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in Exponent by 2.4% during the fourth quarter. Pacer Advisors Inc. now owns 7,574 shares of the business services provider's stock valued at $675,000 after acquiring an additional 180 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Exponent Stock Performance

Shares of NASDAQ:EXPO traded down $1.46 during midday trading on Friday, hitting $77.06. The company's stock had a trading volume of 763,027 shares, compared to its average volume of 236,070. The stock's 50 day simple moving average is $85.49 and its 200 day simple moving average is $94.66. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 36.35 and a beta of 0.84. Exponent, Inc. has a fifty-two week low of $76.18 and a fifty-two week high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 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 prior year, the company posted $0.41 EPS. As a group, analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current year.

Insider Buying and Selling

In related news, VP Richard Reiss sold 1,736 shares of the company's stock in a transaction 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 transaction, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. This represents a 49.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

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.