MENLO PARK, CA—Richard Reiss, Group Vice President at Exponent Inc. (NASDAQ:EXPO), executed a sale of 1,736 shares of the company’s common stock on February 26, according to a recent SEC filing. The shares were sold at an average price of $85.93, totaling approximately $149,175. The transaction comes as InvestingPro analysis indicates EXPO is trading above its Fair Value, with the $4.37 billion market cap company maintaining strong financial health metrics and a 13-year track record of consistent dividend payments.
Following the transaction, Reiss retains ownership of 1,800 shares in the company. The transaction was documented in a Form 4 filing with the Securities and Exchange Commission and was signed by Wendy Whitehouse on behalf of Reiss. According to InvestingPro data, EXPO maintains a healthy current ratio of 2.74 and holds more cash than debt, with 14 additional exclusive ProTips available to subscribers through the comprehensive Pro Research Report.
In other recent news, Exponent Inc. reported strong financial results for the fourth quarter of 2024, surpassing analyst expectations. The company’s earnings per share reached $0.46, exceeding the forecast of $0.41, while revenue hit $136.8 million, beating the anticipated $120.93 million. For the full year, Exponent’s revenue grew by 4% to $558.5 million, and the company achieved a 28.4% EBITDA margin. Analysts have noted Exponent’s continued focus on emerging technologies, which has contributed to its growth across various sectors, including consumer electronics and utilities. The firm William Blair highlighted the company’s robust performance in both proactive and reactive services. Exponent’s strategic initiatives are expected to drive revenue growth in the coming years, with projections indicating high single to low double-digit growth by 2026. The company’s outlook for 2025 includes net revenue growth in the low single digits and an EBITDA margin between 26.25% and 27%. Exponent’s management remains confident in its ability to navigate market demands and technological advancements, positioning itself for sustained growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.