Lindenwold Advisors INC Acquires 337 Shares of Expeditors International of Washington, Inc. $EXPD

Lindenwold Advisors INC lifted its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,367 shares of the transportation company’s stock after purchasing an additional 337 shares during the period. Lindenwold Advisors INC’s holdings in Expeditors International of Washington were worth $1,870,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Alpine Bank Wealth Management bought a new position in shares of Expeditors International of Washington during the first quarter valued at about $26,000. Zions Bancorporation National Association UT bought a new position in shares of Expeditors International of Washington during the first quarter valued at about $30,000. Garde Capital Inc. bought a new position in shares of Expeditors International of Washington during the first quarter valued at about $37,000. Ransom Advisory Ltd bought a new position in shares of Expeditors International of Washington during the first quarter valued at about $41,000. Finally, Twin Tree Management LP bought a new position in shares of Expeditors International of Washington during the first quarter valued at about $42,000. 94.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on EXPD. Bank of America lowered shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and raised their price target for the company from $117.00 to $118.00 in a research report on Friday, July 11th. Barclays raised 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 Thursday, September 11th. Stifel Nicolaus decreased their price objective on shares of Expeditors International of Washington from $118.00 to $114.00 and set a “hold” rating for the company in a report on Friday. UBS Group raised their price objective on shares of Expeditors International of Washington from $117.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Finally, Baird R W upgraded shares of Expeditors International of Washington to a “hold” rating in a report on Tuesday, July 1st. Seven research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $114.44.

Expeditors International of Washington Stock Down 2.7%

EXPD opened at $113.06 on Friday. The company has a market capitalization of $15.34 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 5.00 and a beta of 1.09. The firm has a 50-day moving average price of $120.79 and a 200-day moving average price of $115.73. Expeditors International of Washington, Inc. has a twelve month low of $100.47 and a twelve month high of $129.15.

Insider Buying and Selling at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 1,470 shares of Expeditors International of Washington stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $118.05, for a total value of $173,533.50. Following the completion of the transaction, the vice president owned 7,651 shares in the company, valued at $903,200.55. This trade represents a 16.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.