LVW Advisors LLC Sells 493 Shares of Exponent, Inc. (NASDAQ:EXPO)

LVW Advisors LLC trimmed its position in Exponent, Inc. (NASDAQ:EXPO) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,547 shares of the business services provider’s stock after selling 493 shares during the period. LVW Advisors LLC’s holdings in Exponent were worth $494,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of EXPO. Quarry LP bought a new stake in Exponent in the 2nd quarter valued at approximately $25,000. Westside Investment Management Inc. bought a new stake in shares of Exponent in the third quarter worth $26,000. Trust Co. of Vermont acquired a new position in Exponent during the fourth quarter worth $45,000. USA Financial Formulas acquired a new position in Exponent during the third quarter worth $60,000. Finally, Anchor Investment Management LLC bought a new position in Exponent in the third quarter valued at $64,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Exponent Price Performance

Shares of NASDAQ:EXPO opened at $92.34 on Tuesday. The company’s 50-day moving average price is $93.71 and its two-hundred day moving average price is $101.52. Exponent, Inc. has a one year low of $68.70 and a one year high of $115.75. The stock has a market capitalization of $4.69 billion, a PE ratio of 44.61 and a beta of 0.71.

Exponent Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $1.12 annualized dividend and a yield of 1.21%. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

Insider Buying and Selling at Exponent

In related news, Director Carol Lindstrom sold 1,039 shares of Exponent stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the transaction, the director now owns 5,871 shares in the company, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. 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 company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total value of $123,539.00. Following the completion of the sale, the director now owns 59,406 shares in the company, valued at $5,645,352.18. This represents a 2.14 % decrease in their position. 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 corporate insiders.

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.