Exponent, Inc. (NASDAQ:EXPO) Shares Purchased by Van ECK Associates Corp

Van ECK Associates Corp grew its stake in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 40.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,194 shares of the business services provider's stock after acquiring an additional 10,342 shares during the quarter. Van ECK Associates Corp owned about 0.07% of Exponent worth $3,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPO. Quarry LP acquired a new stake in shares of Exponent in the second quarter valued at about $25,000. GAMMA Investing LLC boosted its position in Exponent by 67.7% in the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider's stock valued at $36,000 after buying an additional 153 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in Exponent by 166.5% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider's stock valued at $49,000 after buying an additional 323 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of Exponent during the third quarter valued at about $60,000. Finally, Benjamin F. Edwards & Company Inc. increased its position in shares of Exponent by 70.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider's stock worth $83,000 after acquiring an additional 361 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Insider Transactions at Exponent

In other Exponent news, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the transaction, the director now owns 5,871 shares of the company's stock, valued at $565,494.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Carol Lindstrom sold 1,039 shares of the business's stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the sale, the director now owns 5,871 shares of the company's stock, valued at $565,494.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul R. Johnston sold 14,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the completion of the transaction, the director now directly owns 80,742 shares in the company, valued at $8,445,613.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company's stock.

Analyst Ratings Changes

Separately, Truist Financial reissued a "buy" rating and issued a $120.00 price target (up previously from $100.00) on shares of Exponent in a report on Friday, July 26th.

Exponent Price Performance

Shares of NASDAQ:EXPO traded up $0.77 during midday trading on Friday, reaching $104.97. The company had a trading volume of 326,443 shares, compared to its average volume of 208,036. The stock has a market capitalization of $5.33 billion, a P/E ratio of 50.71 and a beta of 0.69. The stock's fifty day moving average price is $107.64 and its 200-day moving average price is $101.57. Exponent, Inc. has a one year low of $68.70 and a one year high of $115.75.

Exponent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a $0.28 dividend. The ex-dividend date is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.07%. Exponent's dividend payout ratio (DPR) is presently 54.11%.

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.