2,589 Shares in Expeditors International of Washington, Inc. (NASDAQ:EXPD) Bought by Advyzon Investment Management LLC

Advyzon Investment Management LLC acquired a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the 4th quarter, Holdings Channel.com reports. The fund acquired 2,589 shares of the transportation company’s stock, valued at approximately $287,000.

Other institutional investors also recently bought and sold shares of the company. Hara Capital LLC purchased a new position in shares of Expeditors International of Washington during the third quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington during the 4th quarter worth approximately $39,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Expeditors International of Washington in the 3rd quarter valued at approximately $57,000. Maia Wealth LLC acquired a new position in shares of Expeditors International of Washington in the third quarter valued at approximately $59,000. Finally, Asset Dedication LLC increased its holdings in shares of Expeditors International of Washington by 339.9% in the fourth quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 503 shares during the period. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. StockNews.com downgraded Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. JPMorgan Chase & Co. lowered their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a report on Wednesday. Bank of America dropped their price target on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Stifel Nicolaus reduced their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a research report on Thursday, January 23rd. Finally, UBS Group dropped their target price on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday. Four analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $116.56.

Insider Buying and Selling

In related news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the sale, the director now directly owns 9,662 shares of the company’s stock, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Trading Up 0.8 %

EXPD stock opened at $117.22 on Friday. The company has a market cap of $16.41 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 4.02 and a beta of 0.98. The firm has a 50 day moving average of $112.58 and a 200-day moving average of $118.43. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59.

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.