Chapman Investment Management LLC Sells 135 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Chapman Investment Management LLC decreased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,537 shares of the transportation company’s stock after selling 135 shares during the quarter. Expeditors International of Washington accounts for approximately 2.0% of Chapman Investment Management LLC’s investment portfolio, making the stock its 18th largest position. Chapman Investment Management LLC’s holdings in Expeditors International of Washington were worth $2,612,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of EXPD. CVA Family Office LLC bought a new stake in Expeditors International of Washington during the fourth quarter worth about $35,000. BKM Wealth Management LLC bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $37,000. Planned Solutions Inc. bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $37,000. Fortitude Family Office LLC bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $38,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $49,000. Institutional investors own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $122.63, for a total transaction of $245,260.00. Following the completion of the sale, the vice president now owns 5,728 shares of the company’s stock, valued at approximately $702,424.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Performance

Shares of Expeditors International of Washington stock traded up $0.15 on Friday, hitting $113.30. The stock had a trading volume of 1,051,189 shares, compared to its average volume of 1,120,039. The stock has a 50 day moving average of $118.56 and a 200 day moving average of $120.50. Expeditors International of Washington, Inc. has a twelve month low of $107.03 and a twelve month high of $131.17. The firm has a market capitalization of $16.08 billion, a P/E ratio of 22.63, a PEG ratio of 8.36 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD) last released its earnings results on Tuesday, February 20th. The transportation company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.12). The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.32 billion. Expeditors International of Washington had a net margin of 8.10% and a return on equity of 28.43%. The business’s revenue for the quarter was down 33.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.38 EPS. Equities analysts expect that Expeditors International of Washington, Inc. will post 4.75 earnings per share for the current year.

Analyst Ratings Changes

EXPD has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the stock an “underweight” rating in a report on Tuesday, April 9th. Bank of America initiated coverage on shares of Expeditors International of Washington in a report on Friday, March 15th. They issued a “neutral” rating and a $126.00 target price for the company. BNP Paribas cut shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 target price for the company. in a report on Thursday, January 11th. Finally, Stifel Nicolaus upped their price objective on Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research note on Wednesday, January 10th. Three analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, Expeditors International of Washington presently has a consensus rating of “Hold” and a consensus price target of $108.63.

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.