Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by Blue Trust Inc.

Blue Trust Inc. decreased its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 71.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 640 shares of the transportation company’s stock after selling 1,617 shares during the period. Blue Trust Inc.’s holdings in Expeditors International of Washington were worth $71,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hara Capital LLC acquired a new position in Expeditors International of Washington during the 3rd quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Expeditors International of Washington in the 3rd quarter worth approximately $57,000. Maia Wealth LLC acquired a new stake in shares of Expeditors International of Washington in the 3rd quarter worth approximately $59,000. Asset Dedication LLC grew its holdings in shares of Expeditors International of Washington by 339.9% in the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock worth $72,000 after acquiring an additional 503 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Expeditors International of Washington by 19.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,100 shares of the transportation company’s stock worth $144,000 after acquiring an additional 176 shares during the period. Institutional investors and hedge funds own 94.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on EXPD shares. Barclays upped their price target on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Bank of America lowered their price target on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. TD Cowen increased their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Finally, UBS Group cut their price target on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $116.56.

Insider Buying and Selling

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the transaction, the director now directly owns 9,662 shares in the company, valued at approximately $1,170,164.82. The trade was a 23.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.69% of the stock is owned by corporate insiders.

Expeditors International of Washington Stock Down 0.7 %

Shares of NASDAQ EXPD opened at $116.44 on Monday. The stock has a market cap of $16.30 billion, a P/E ratio of 20.36, a P/E/G ratio of 5.00 and a beta of 0.98. The firm’s 50-day simple moving average is $112.54 and its 200 day simple moving average is $118.42. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59.

About Expeditors International of Washington

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.