Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by Arjuna Capital

Arjuna Capital trimmed its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,632 shares of the transportation company’s stock after selling 393 shares during the quarter. Arjuna Capital’s holdings in Expeditors International of Washington were worth $2,175,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Hara Capital LLC purchased a new stake in shares of Expeditors International of Washington during the 3rd quarter valued at approximately $26,000. SRS Capital Advisors Inc. increased its stake in 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 worth $26,000 after acquiring an additional 190 shares during the last quarter. Bank of Jackson Hole Trust purchased a new stake in Expeditors International of Washington in the fourth quarter valued at $39,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at $57,000. Finally, Maia Wealth LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at $59,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Activity at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the business’s stock in a transaction dated 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 sale, the vice president now directly owns 7,296 shares of the company’s stock, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the transaction, the director now owns 9,662 shares in the company, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The disclosure for this sale can be found here. 0.69% of the stock is owned by corporate insiders.

Expeditors International of Washington Trading Up 4.9 %

Shares of NASDAQ:EXPD opened at $126.64 on Friday. The firm has a 50 day simple moving average of $113.45 and a 200-day simple moving average of $118.34. The company has a market capitalization of $17.48 billion, a PE ratio of 22.14, a P/E/G ratio of 5.00 and a beta of 1.00. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Bank of America reduced their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. UBS Group lowered their price objective on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. JPMorgan Chase & Co. cut their target price on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 19th. Finally, Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the company presently 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.