Exponent group vice president Joseph Rakow sells $122,254 in stock

Published 28/05/2025, 01:30
Exponent group vice president Joseph Rakow sells $122,254 in stock

On May 27, 2025, Joseph Rakow, Group Vice President of Exponent Inc. (NASDAQ:EXPO), executed a significant stock transaction as reported in a recent SEC filing. The company, currently valued at $3.9 billion, has demonstrated strong financial health according to InvestingPro analysis, maintaining a robust current ratio of 3.32x and more cash than debt on its balance sheet. Rakow sold 1,573 shares of common stock at an average price of $77.72 per share, amounting to a total sale value of $122,254. Following this transaction, Rakow no longer holds any shares of Exponent Inc. stock directly. The transaction took place in Menlo Park, California, where Rakow is based. The stock is currently trading near its 52-week low of $73.37, with analysts setting price targets ranging from $84 to $100 per share. Get detailed valuation analysis and 13 additional key insights about EXPO through InvestingPro’s comprehensive research report.

In other recent news, Exponent Inc. reported its first-quarter 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $0.52, compared to the forecast of $0.48. The company’s revenue for the quarter was $145.5 million, surpassing the anticipated $136.93 million, although it remained flat compared to the previous year. Despite the positive earnings report, Exponent’s net income declined to $26.7 million from $30.1 million the previous year. Analysts from firms such as Truist noted the company’s strategic focus on emerging technologies and anticipated headcount growth of 4% by the end of the year. The company continues to emphasize its role in emerging technologies, which could drive future growth. Exponent expects low single-digit revenue growth and EBITDA margins between 26.25% and 27% for the full year 2025. The company plans capital expenditures of $10-12 million and foresees opportunities in supply chain reconfiguration and regulatory compliance. Despite some challenges, Exponent remains focused on advancing its capabilities and delivering value to its clients in dynamic environments.

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