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

Fisher Asset Management LLC increased its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,265 shares of the transportation company’s stock after acquiring an additional 177 shares during the quarter. Fisher Asset Management LLC’s holdings in Expeditors International of Washington were worth $1,580,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hara Capital LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Expeditors International of Washington in the fourth quarter worth $39,000. Wilmington Savings Fund Society FSB acquired a new stake in Expeditors International of Washington in the third quarter valued at $57,000. Maia Wealth LLC bought a new position in Expeditors International of Washington during the 3rd quarter valued at $59,000. Finally, Asset Dedication LLC grew its holdings in 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 acquiring an additional 503 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Analyst Ratings Changes

EXPD has been the topic of a number of recent analyst reports. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. UBS Group cut their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. JPMorgan Chase & Co. decreased their target price on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a research report on Wednesday, February 19th. TD Cowen upped 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, StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Four research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $116.56.

Insider Transactions at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total value of $146,925.00. Following the completion of the transaction, the vice president now directly owns 7,296 shares of the company’s stock, valued at $857,571.84. This represents a 14.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 value of $363,330.00. Following the sale, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. The trade was a 23.69 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.69% of the company’s stock.

Expeditors International of Washington Price Performance

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 P/E/G ratio of 5.00 and a beta of 1.00. Expeditors International of Washington, Inc. has a 1-year low of $108.36 and a 1-year high of $131.59. The business’s fifty day moving average price is $113.12 and its two-hundred day moving average price is $118.33.

About Expeditors International of Washington

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.