Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by 3Chopt Investment Partners LLC

3Chopt Investment Partners LLC lowered its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,058 shares of the transportation company’s stock after selling 364 shares during the period. 3Chopt Investment Partners LLC’s holdings in Expeditors International of Washington were worth $1,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. SRS Capital Advisors Inc. raised its holdings in Expeditors International of Washington by 431.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Bank of Jackson Hole Trust purchased a new stake in shares of Expeditors International of Washington in the 4th quarter valued at approximately $39,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Expeditors International of Washington in the 4th quarter valued at $52,000. TD Private Client Wealth LLC lifted its position in shares of Expeditors International of Washington by 41.0% during the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock worth $54,000 after purchasing an additional 142 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth $54,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the completion of the transaction, the vice president now owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Up 1.7 %

NASDAQ EXPD opened at $110.13 on Friday. The firm has a market cap of $15.17 billion, a P/E ratio of 19.25, a P/E/G ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $131.59. The business’s 50-day moving average price is $115.31 and its 200 day moving average price is $116.82.

Analysts Set New Price Targets

EXPD has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price target on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a report on Wednesday, February 19th. Bank of America decreased their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. StockNews.com lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Truist Financial started coverage on shares of Expeditors International of Washington in a research report on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective for the company. Finally, Susquehanna increased their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, March 3rd. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat.com, Expeditors International of Washington presently has an average rating of “Hold” and a consensus target price of $115.90.

Expeditors International of Washington Profile

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.