Heritage Family Offices LLP Acquires 114 Shares of Exponent, Inc. (NASDAQ:EXPO)

Heritage Family Offices LLP lifted its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 3.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,123 shares of the business services provider’s stock after acquiring an additional 114 shares during the quarter. Heritage Family Offices LLP’s holdings in Exponent were worth $278,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Quarry LP purchased a new stake in shares of Exponent during the 2nd quarter valued at $25,000. Westside Investment Management Inc. bought a new position in Exponent during the third quarter valued at about $26,000. USA Financial Formulas purchased a new stake in Exponent during the third quarter worth about $60,000. Anchor Investment Management LLC bought a new stake in Exponent in the third quarter worth about $64,000. Finally, GAMMA Investing LLC raised its position in Exponent by 64.6% in the third quarter. GAMMA Investing LLC now owns 624 shares of the business services provider’s stock worth $72,000 after acquiring an additional 245 shares during the period. 92.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Exponent

In related news, Director Paul R. Johnston sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $103.83, for a total value of $726,810.00. Following the completion of the transaction, the director now directly owns 80,742 shares of the company’s stock, valued at approximately $8,383,441.86. This trade represents a 7.98 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carol Lindstrom sold 1,039 shares of Exponent stock in a transaction on Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the completion of the transaction, the director now owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,339 shares of company stock worth $3,103,065 over the last ninety days. 2.10% of the stock is currently owned by company insiders.

Exponent Stock Up 0.9 %

Exponent stock opened at $91.46 on Thursday. The firm has a 50 day moving average price of $94.46 and a 200-day moving average price of $101.50. Exponent, Inc. has a twelve month low of $68.70 and a twelve month high of $115.75. The company has a market capitalization of $4.64 billion, a P/E ratio of 44.18 and a beta of 0.71.

Exponent Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Friday, December 6th. Exponent’s dividend payout ratio is currently 54.11%.

About Exponent

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.