Arrowstreet Capital Limited Partnership Has $7.64 Million Position in Exponent, Inc. (NASDAQ:EXPO)

Arrowstreet Capital Limited Partnership boosted its stake in Exponent, Inc. (NASDAQ:EXPO) by 1,061.1% in the fourth quarter, HoldingsChannel reports. The firm owned 85,790 shares of the business services provider’s stock after buying an additional 78,401 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Exponent were worth $7,644,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its position in shares of Exponent by 4.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock worth $226,000 after purchasing an additional 111 shares in the last quarter. Heritage Family Offices LLP increased its position 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 in the last quarter. Arizona State Retirement System raised its stake in Exponent by 0.9% during the 4th quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider’s stock worth $1,312,000 after buying an additional 133 shares during the period. Private Trust Co. NA boosted its holdings in Exponent by 129.8% in the fourth 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 in the last quarter. Finally, Pacer Advisors Inc. grew its stake in Exponent by 2.4% in 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. 92.37% of the stock is owned by institutional investors.

Insider Transactions at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total transaction of $149,174.48. Following the completion of the transaction, the vice president now owns 1,800 shares in the company, valued at approximately $154,674. The trade was a 49.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.10% of the stock is currently owned by insiders.

Exponent Stock Down 1.9 %

NASDAQ EXPO opened at $77.06 on Monday. Exponent, Inc. has a 52 week low of $76.18 and a 52 week high of $115.75. The business has a 50 day moving average price of $85.49 and a 200-day moving average price of $94.66. The company 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 announced its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates 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 quarter last year, the firm posted $0.41 earnings per share. On average, equities research analysts anticipate that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent 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.