Exponent, Inc. (NASDAQ:EXPO) Position Raised by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC raised its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,898 shares of the business services provider’s stock after purchasing an additional 513 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Exponent were worth $897,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EXPO. Vanguard Group Inc. raised its holdings in shares of Exponent by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 5,286,652 shares of the business services provider’s stock worth $437,153,000 after purchasing an additional 291,047 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of Exponent by 6.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,640,600 shares of the business services provider’s stock valued at $441,414,000 after buying an additional 284,179 shares in the last quarter. Conestoga Capital Advisors LLC increased its holdings in shares of Exponent by 1.6% in the third quarter. Conestoga Capital Advisors LLC now owns 2,806,517 shares of the business services provider’s stock valued at $323,535,000 after buying an additional 43,257 shares in the last quarter. Geneva Capital Management LLC lifted its position in shares of Exponent by 1.7% during the 3rd quarter. Geneva Capital Management LLC now owns 1,590,804 shares of the business services provider’s stock valued at $183,388,000 after acquiring an additional 27,339 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Exponent by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,019,085 shares of the business services provider’s stock worth $96,937,000 after acquiring an additional 6,108 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, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction that occurred 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul R. Johnston sold 1,300 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total transaction of $123,539.00. Following the sale, the director now directly owns 59,406 shares in the company, valued at approximately $5,645,352.18. This trade represents a 2.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders 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 2.3 %

Shares of Exponent stock opened at $98.04 on Friday. Exponent, Inc. has a 12-month low of $68.70 and a 12-month high of $115.75. The firm has a market capitalization of $4.98 billion, a PE ratio of 47.36 and a beta of 0.69. The stock’s fifty day moving average is $106.31 and its 200-day moving average is $102.12.

Exponent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio 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.