Group Vice President Joseph Rakow of Exponent Inc (EXPO, Financial) sold 1,971 shares of the company on May 7, 2024, as reported in a recent SEC Filing. The transaction occurred at a price of $95 per share.
Exponent Inc is a science and engineering consulting firm known for its work in analyzing accidents and failures, as well as evaluating regulatory compliance and the human health effects of consumer products and industrial chemicals.
Over the past year, the insider has sold a total of 3,359 shares of Exponent Inc and has not purchased any shares. This recent transaction follows a pattern observed over the last year, where there have been 13 insider sells and no insider buys.
On the date of the sale, Exponent Inc had a market cap of approximately $4.80 billion. The stock's price-earnings ratio was 47.82, significantly above both the industry median of 15.57 and the company's historical median.
According to the GF Value, the intrinsic value of Exponent Inc's stock is estimated at $106.26, suggesting that the stock was modestly undervalued at the time of the insider's sale.
The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market performance metrics.
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.
