On July 31, 2024, Richard Reiss, Group Vice President of Exponent Inc (EXPO, Financial), sold 2,206 shares of the company. The transaction was executed at a price of $107.46 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 3,536 shares of Exponent Inc.
Exponent Inc is a science and engineering consulting firm known for its work in analyzing accidents and failures, and testing products and materials. The company's expertise is often sought in litigation, where its findings can provide critical evidence.
Over the past year, Richard Reiss has sold a total of 3,062 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend at Exponent Inc, where there have been 23 insider sells and no insider buys over the past year.
The shares of Exponent Inc were trading at $107.46 on the day of the sale, giving the company a market cap of approximately $5.26 billion. The price-earnings ratio of the company stands at 50.67, significantly above both the industry median of 15.5 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Exponent Inc is $104.91 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.02.
This sale by the insider might be of interest to current and potential investors, as it reflects insider activity and sentiment within the company. For more detailed information, investors are encouraged to review the official SEC filings and consider the broader market and industry trends.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
