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Exponent group VP Souri buys $12,593 in EXPO common stock

Exponent group VP Souri buys $12,593 in EXPO common stock

Souri Shukri Jeries, a Group Vice President at Exponent Inc. (NASDAQ: EXPO), recently purchased 184 shares of the company's common stock through its Dividend Reinvestment Plan on September 18, 2026. The transaction included 0.288 fractional shares, raising the total fractional share balance to 0.382 shares held via DRIP. Souri's acquisition cost $12,593, with each share priced at $68.4452.

Exponent has raised its dividend for 13 consecutive years, currently paying a yield of 1.93%. The stock trades at $64.18 and is considered undervalued by InvestingPro analysis, which includes 12 ProTips and comprehensive metrics for the $3.05 billion company.

As of the latest update, Souri directly owns 40,873 shares of Exponent common stock. The company recently reported stronger-than-expected results for the second quarter of 2026, exceeding analysts' estimates with earnings of $0.60 per share and revenue reaching $171.6 million. This marks a 19% increase in revenue compared to forecasts. Exponent has also raised its full-year outlook, highlighting continued strength in its AI-related user research work.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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