Exponent NasdaqGS:EXPO Stock Report

Insider notifies of intention to sell stock

Maureen T. Reitman intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of August. If the sale is conducted around the recent share price of US$98.90, it would amount to US$297k. Since December 2021, Maureen T.'s direct individual holding has increased from 26.96k shares to 32.44k. Company insiders have collectively sold US$8.4m more than they bought, via options and on-market transactions in the last 12 months.

Insider recently sold US$157k worth of stock

On the 5th of August, Harri Kytomaa sold around 2k shares on-market at roughly US$98.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.

Second quarter 2022 earnings: EPS exceeds analyst expectations

Second quarter 2022 results: EPS: US$0.50 (up from US$0.48 in 2Q 2021). Revenue: US$118.2m (up 5.1% from 2Q 2021). Net income: US$25.8m (up 1.4% from 2Q 2021). Profit margin: 22% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Over the next year, revenue is forecast to grow 7.5%, compared to a 6.8% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year.

Exponent, Inc. Declares Quarterly Cash Dividend, Payable on September 23, 2022