Exponent (NASDAQ:EXPO) Sets New 12-Month Low – Time to Sell?

Exponent, Inc. (NASDAQ:EXPO)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $76.64 and last traded at $76.78, with a volume of 403 shares. The stock had previously closed at $78.52.

Exponent Trading Down 1.9 %

The stock’s 50-day moving average is $85.49 and its 200-day moving average is $94.75. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 36.35 and a beta of 0.84.

Exponent (NASDAQ:EXPO) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Exponent had a net margin of 19.52% and a return on equity of 27.27%. During the same period last year, the company earned $0.41 earnings per share. On average, equities analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the 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 sale, the vice president now owns 1,800 shares of the company’s stock, valued at $154,674. This trade represents a 49.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EXPO. Private Trust Co. NA grew its holdings in Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 157 shares in the last quarter. Atala Financial Inc purchased a new stake in shares of Exponent during the fourth quarter worth about $25,000. Westside Investment Management Inc. purchased a new stake in shares of Exponent during the third quarter worth about $26,000. Tortoise Investment Management LLC boosted its holdings in Exponent by 76.7% in the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 191 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new stake in Exponent during the 4th quarter valued at approximately $45,000. 92.37% of the stock is owned by institutional investors and hedge funds.

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.