Investment House LLC Purchases 415 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Investment House LLC increased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,599 shares of the transportation company’s stock after buying an additional 415 shares during the period. Investment House LLC’s holdings in Expeditors International of Washington were worth $6,934,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vinva Investment Management Ltd acquired a new position in Expeditors International of Washington during the 4th quarter valued at $675,000. Xponance Inc. raised its stake in Expeditors International of Washington by 1.3% during the 4th quarter. Xponance Inc. now owns 21,598 shares of the transportation company’s stock valued at $2,392,000 after purchasing an additional 267 shares during the last quarter. Boston Partners raised its stake in Expeditors International of Washington by 29.7% during the 4th quarter. Boston Partners now owns 3,797,712 shares of the transportation company’s stock valued at $420,693,000 after purchasing an additional 869,637 shares during the last quarter. Intech Investment Management LLC raised its stake in Expeditors International of Washington by 168.0% during the 4th quarter. Intech Investment Management LLC now owns 10,872 shares of the transportation company’s stock valued at $1,204,000 after purchasing an additional 6,816 shares during the last quarter. Finally, Generali Asset Management SPA SGR acquired a new position in Expeditors International of Washington during the 4th quarter valued at $3,012,000. 94.02% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the sale, the vice president now 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is currently owned by corporate insiders.

Expeditors International of Washington Stock Up 0.2 %

Shares of Expeditors International of Washington stock opened at $117.14 on Wednesday. The stock has a market capitalization of $16.17 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00. The company has a 50-day simple moving average of $114.69 and a 200 day simple moving average of $118.08. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59.

Analyst Ratings Changes

Several equities analysts recently commented on EXPD shares. Susquehanna upped their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Truist Financial assumed coverage on shares of Expeditors International of Washington in a research note on Thursday, March 13th. They issued a “hold” rating and a $110.00 price objective for the company. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a research note on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Based on data from MarketBeat, Expeditors International of Washington presently has an average rating of “Hold” and a consensus price target of $115.90.

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.