Jeffrey F. Dickerman Sells 1,250 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stock

Expeditors International of Washington, Inc. (NASDAQ:EXPD) VP Jeffrey F. Dickerman sold 1,250 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $117.54, for a total value of $146,925.00. Following the sale, the vice president now directly owns 7,296 shares of the company’s stock, valued at approximately $857,571.84. This trade represents a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Expeditors International of Washington Stock Performance

Shares of NASDAQ EXPD traded up $0.05 during midday trading on Monday, hitting $116.45. The company’s stock had a trading volume of 789,781 shares, compared to its average volume of 1,109,453. The firm has a market cap of $16.30 billion, a P/E ratio of 20.38, a P/E/G ratio of 5.00 and a beta of 0.98. Expeditors International of Washington, Inc. has a 1-year low of $108.36 and a 1-year high of $131.59. The firm’s fifty day moving average price is $112.54 and its 200-day moving average price is $118.42.

Hedge Funds Weigh In On Expeditors International of Washington

Institutional investors have recently made changes to their positions in the stock. Coppell Advisory Solutions LLC bought a new stake in shares of Expeditors International of Washington in the 4th quarter worth approximately $25,000. Hara Capital LLC bought a new stake in Expeditors International of Washington in the third quarter valued at $26,000. SRS Capital Advisors Inc. boosted its holdings in shares of Expeditors International of Washington by 431.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 190 shares during the period. Bank of Jackson Hole Trust acquired a new stake in shares of Expeditors International of Washington in the fourth quarter valued at approximately $39,000. Finally, Colonial Trust Co SC boosted its position in Expeditors International of Washington by 58.6% during the 4th quarter. Colonial Trust Co SC now owns 352 shares of the transportation company’s stock worth $39,000 after acquiring an additional 130 shares during the period. 94.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. TD Cowen raised their price target on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Barclays boosted 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 report on Wednesday, November 6th. UBS Group lowered their target price on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. Finally, JPMorgan Chase & Co. cut their price target on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 19th. Four investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $116.56.

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.