Naples Global Advisors LLC Sells 225 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Naples Global Advisors LLC reduced its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,642 shares of the transportation company’s stock after selling 225 shares during the quarter. Naples Global Advisors LLC’s holdings in Expeditors International of Washington were worth $1,400,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hara Capital LLC acquired a new stake in shares of Expeditors International of Washington during the 3rd quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Expeditors International of Washington in the 3rd quarter valued at $57,000. Maia Wealth LLC bought a new position in shares of Expeditors International of Washington in the 3rd quarter valued at $59,000. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Expeditors International of Washington by 174.4% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock worth $62,000 after buying an additional 300 shares in the last quarter. Finally, Asset Dedication LLC raised its holdings in shares of Expeditors International of Washington by 339.9% during the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock worth $72,000 after buying an additional 503 shares in the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now owns 9,662 shares in the company, valued at approximately $1,170,164.82. This trade represents a 23.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.69% of the stock is owned by corporate insiders.

Expeditors International of Washington Stock Performance

EXPD stock opened at $112.74 on Friday. Expeditors International of Washington, Inc. has a 52-week low of $108.36 and a 52-week high of $131.59. The company has a market capitalization of $15.78 billion, a P/E ratio of 21.98, a PEG ratio of 3.77 and a beta of 0.98. The company has a fifty day moving average price of $113.02 and a 200-day moving average price of $118.73.

Wall Street Analysts Forecast Growth

EXPD has been the topic of several research analyst reports. StockNews.com raised Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Saturday, February 8th. Stifel Nicolaus reduced their price target on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research note on Thursday, January 23rd. Barclays upped their price objective on shares of 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 raised their target price on shares of 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, Bank of America decreased their target price 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. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $117.44.

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.