Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stock Position Increased by Aigen Investment Management LP

Aigen Investment Management LP boosted its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 492.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,704 shares of the transportation company’s stock after buying an additional 11,392 shares during the quarter. Aigen Investment Management LP’s holdings in Expeditors International of Washington were worth $1,518,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EXPD. Two Sigma Advisers LP boosted its position in shares of Expeditors International of Washington by 1,497.4% during the 3rd quarter. Two Sigma Advisers LP now owns 426,500 shares of the transportation company’s stock valued at $56,042,000 after purchasing an additional 399,800 shares in the last quarter. KBC Group NV lifted its stake in Expeditors International of Washington by 836.7% during the fourth quarter. KBC Group NV now owns 339,705 shares of the transportation company’s stock valued at $37,629,000 after purchasing an additional 303,438 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Expeditors International of Washington by 12.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company’s stock worth $315,485,000 after buying an additional 257,791 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Expeditors International of Washington in the fourth quarter worth approximately $13,008,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Expeditors International of Washington in the fourth quarter valued at $11,219,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Stock Down 0.2 %

Expeditors International of Washington stock opened at $118.27 on Wednesday. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59. The stock has a market cap of $16.32 billion, a P/E ratio of 20.68, a P/E/G ratio of 5.00 and a beta of 0.98. The company’s fifty day simple moving average is $113.12 and its 200-day simple moving average is $118.33.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Susquehanna raised their price objective on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday. UBS Group decreased their price target on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Finally, JPMorgan Chase & Co. dropped 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 research report on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat, Expeditors International of Washington presently has a consensus rating of “Hold” and a consensus price target of $116.56.

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 business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total value of $146,925.00. Following the completion of the sale, the vice president now directly owns 7,296 shares of the company’s stock, valued at $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction 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 owns 9,662 shares in the company, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.69% of the company’s stock.

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.