Fifth Third Bancorp Sells 274 Shares of Exponent, Inc. (NASDAQ:EXPO)

Fifth Third Bancorp lessened its holdings in Exponent, Inc. (NASDAQ:EXPO) by 4.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,977 shares of the business services provider’s stock after selling 274 shares during the period. Fifth Third Bancorp’s holdings in Exponent were worth $533,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Conestoga Capital Advisors LLC raised its holdings 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 buying an additional 43,257 shares during the last quarter. State Street Corp raised its holdings in Exponent by 0.7% during the 3rd quarter. State Street Corp now owns 1,840,313 shares of the business services provider’s stock worth $212,151,000 after purchasing an additional 13,644 shares during the last quarter. Geneva Capital Management LLC raised its holdings in 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 worth $183,388,000 after purchasing an additional 27,339 shares during the last quarter. Geode Capital Management LLC raised its holdings in Exponent by 4.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,505,652 shares of the business services provider’s stock worth $173,597,000 after purchasing an additional 69,099 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Exponent by 63.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock worth $72,701,000 after purchasing an additional 245,086 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insiders Place Their Bets

In other 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 transaction of $100,076.48. Following the completion of the sale, the director now owns 5,871 shares of the company’s stock, valued at $565,494.72. This trade represents a 15.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Paul R. Johnston sold 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was 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 of the company’s stock, valued at approximately $5,645,352.18. This trade represents a 2.14 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, 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

Exponent stock opened at $92.24 on Friday. Exponent, Inc. has a 52-week low of $68.70 and a 52-week high of $115.75. The firm has a 50 day moving average price of $92.86 and a two-hundred day moving average price of $101.27. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 44.56 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.