Expeditors International of Washington, Inc. (NASDAQ:EXPD) Position Raised by Fisher Asset Management LLC

Fisher Asset Management LLC boosted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,265 shares of the transportation company’s stock after purchasing an additional 177 shares during the quarter. Fisher Asset Management LLC’s holdings in Expeditors International of Washington were worth $1,580,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hara Capital LLC bought a new stake in shares of Expeditors International of Washington in the 3rd quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in Expeditors International of Washington in the fourth quarter worth about $39,000. Wilmington Savings Fund Society FSB bought a new stake in Expeditors International of Washington in the third quarter worth about $57,000. Maia Wealth LLC acquired a new stake in Expeditors International of Washington in the 3rd quarter valued at about $59,000. Finally, Asset Dedication LLC raised 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 purchasing an additional 503 shares in the last quarter. 94.02% of the stock is owned by institutional investors.

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 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 completion of the sale, the director now owns 9,662 shares of the company’s stock, valued at $1,170,164.82. This trade represents a 23.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Jeffrey F. Dickerman sold 1,250 shares of the business’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 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 ownership of the stock. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by corporate insiders.

Expeditors International of Washington Trading Up 0.0 %

Shares of NASDAQ EXPD opened at $118.17 on Thursday. The firm has a market capitalization of $16.31 billion, a PE ratio of 20.66, a PEG ratio of 5.00 and a beta of 1.00. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59. The business has a 50-day moving average price of $113.12 and a two-hundred day moving average price of $118.33.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on EXPD shares. Susquehanna raised their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday. UBS Group decreased their target price on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Barclays boosted their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. TD Cowen increased their price target on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research report on Wednesday, November 6th. Finally, Stifel Nicolaus cut their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus target price of $116.56.

Expeditors International of Washington Company 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.