Pinestone Asset Management Reduces $7M in Exponent, Inc. ($EXPO)
Key Points
- Pinestone Asset Management changed its Exponent, Inc. ($EXPO) stake by 87.8% last quarter, cutting to 16,994 shares worth $970,018.
- $EXPO last traded around $57.08.
Pinestone Asset Management reduced its position in Exponent, Inc. ($EXPO) by 87.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,994 shares of Exponent, Inc. after selling 122,500 shares during the quarter. Pinestone Asset Management's holdings in Exponent, Inc. were worth $970,018 as of its most recent filing.
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About Exponent, Inc.
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. It provides services in the areas of biomechanics, biomedical engineering and sciences, civil and structural engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, metallurgical and corrosion engineering polymer and chemistry, thermal sciences, and vehicle engineering. The company also offers services in the areas of chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences, and health sciences. In addition, it provides proactive and reactive product safety, litigation support, and technical, regulatory services. It serves clients in chemical, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors. The company was formerly known as The Failure Group, Inc. and changed its name to Exponent, Inc. in 1998. The company was founded in 1967 and is headquartered in Menlo Park, California.
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