Janney Montgomery Scott LLC Sells 3,069 Shares of Exponent, Inc. (NASDAQ:EXPO)

Janney Montgomery Scott LLC lessened its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,831 shares of the business services provider’s stock after selling 3,069 shares during the quarter. Janney Montgomery Scott LLC owned 0.10% of Exponent worth $4,529,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EXPO. Conestoga Capital Advisors LLC raised its position in Exponent by 1.6% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 2,806,517 shares of the business services provider’s stock valued at $323,535,000 after purchasing an additional 43,257 shares during the last quarter. State Street Corp raised its position in Exponent by 0.7% in the 3rd quarter. State Street Corp now owns 1,840,313 shares of the business services provider’s stock valued at $212,151,000 after purchasing an additional 13,644 shares during the last quarter. Geneva Capital Management LLC raised its position in Exponent by 1.7% in 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 purchasing an additional 27,339 shares during the last quarter. Geode Capital Management LLC raised its position in Exponent by 4.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,505,652 shares of the business services provider’s stock valued at $173,597,000 after purchasing an additional 69,099 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Exponent by 63.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock valued at $72,701,000 after purchasing an additional 245,086 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insider Buying and Selling at Exponent

In other news, Director Carol Lindstrom sold 1,039 shares of Exponent stock in a transaction on Monday, November 4th. The stock was sold at an average price of $96.32, for a total value of $100,076.48. Following the completion of the sale, the director now directly 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul R. Johnston sold 14,000 shares of Exponent stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $104.60, for a total value of $1,464,400.00. Following the completion of the sale, the director now directly owns 80,742 shares of the company’s stock, valued at $8,445,613.20. This trade represents a 14.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,339 shares of company stock worth $3,103,065. 2.10% of the stock is currently owned by insiders.

Exponent Stock Performance

Shares of EXPO opened at $91.26 on Thursday. The stock has a fifty day moving average price of $92.93 and a two-hundred day moving average price of $101.33. Exponent, Inc. has a 52-week low of $68.70 and a 52-week high of $115.75. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 44.09 and a beta of 0.71.

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.