Machina Capital S.A.S. Buys New Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Machina Capital S.A.S. bought a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,242 shares of the transportation company’s stock, valued at approximately $248,000.

Several other institutional investors have also added to or reduced their stakes in EXPD. Farther Finance Advisors LLC boosted its holdings in Expeditors International of Washington by 19.0% in the third quarter. Farther Finance Advisors LLC now owns 1,100 shares of the transportation company’s stock valued at $144,000 after acquiring an additional 176 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in Expeditors International of Washington by 5.6% in the third quarter. Verdence Capital Advisors LLC now owns 11,813 shares of the transportation company’s stock valued at $1,552,000 after acquiring an additional 625 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Expeditors International of Washington in the third quarter valued at approximately $12,644,000. Ashton Thomas Securities LLC boosted its holdings in Expeditors International of Washington by 12.1% in the third quarter. Ashton Thomas Securities LLC now owns 3,780 shares of the transportation company’s stock valued at $497,000 after acquiring an additional 408 shares during the last quarter. Finally, Delta Financial Advisors LLC boosted its holdings in Expeditors International of Washington by 6.4% in the third quarter. Delta Financial Advisors LLC now owns 24,204 shares of the transportation company’s stock valued at $3,180,000 after acquiring an additional 1,465 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on EXPD. JPMorgan Chase & Co. dropped 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. UBS Group dropped their price target 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. Stifel Nicolaus dropped their price target on 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. StockNews.com lowered Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Finally, Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $116.56.

Expeditors International of Washington Stock Up 4.9 %

Shares of NASDAQ:EXPD opened at $126.64 on Monday. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59. The stock’s 50 day moving average is $113.76 and its 200-day moving average is $118.34. The firm has a market capitalization of $17.48 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 5.00 and a beta of 1.00.

Insider Transactions at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction 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 completion of the sale, the director now directly owns 9,662 shares of the company’s stock, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Jeffrey F. Dickerman sold 1,250 shares of the stock in a transaction on Thursday, February 20th. The shares were 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 $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.69% of the stock is owned by insiders.

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.