New Age Alpha Advisors LLC Buys New Stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

New Age Alpha Advisors LLC purchased a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 489 shares of the transportation company’s stock, valued at approximately $54,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. lifted its position in shares of Expeditors International of Washington by 431.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock worth $26,000 after buying an additional 190 shares during the period. Bank of Jackson Hole Trust bought a new position in shares of Expeditors International of Washington during the fourth quarter valued at $39,000. TD Private Client Wealth LLC boosted its stake in shares of Expeditors International of Washington by 41.0% in the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 142 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Expeditors International of Washington in the 3rd quarter worth about $57,000. Finally, Intact Investment Management Inc. bought a new stake in shares of Expeditors International of Washington in the 4th quarter worth about $66,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Trading Down 9.1 %

Expeditors International of Washington stock opened at $110.77 on Friday. Expeditors International of Washington, Inc. has a 1 year low of $107.24 and a 1 year high of $131.59. The company’s 50-day moving average is $116.30 and its two-hundred day moving average is $117.79. The company has a market cap of $15.26 billion, a PE ratio of 19.37, a PEG ratio of 5.00 and a beta of 1.00.

Analyst Upgrades and Downgrades

EXPD has been the topic of a number of recent analyst reports. UBS Group reduced their price target on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. Susquehanna increased their price target on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. StockNews.com downgraded Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Truist Financial started coverage on Expeditors International of Washington in a report on Thursday, March 13th. They set a “hold” rating and a $110.00 target price on the stock. Finally, Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $115.90.

Insider Buying and Selling at Expeditors International of Washington

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 stock was sold at an average price of $117.54, for a total value of $146,925.00. Following the transaction, the vice president now owns 7,296 shares of the company’s stock, valued at approximately $857,571.84. This represents a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.69% of the company’s stock.

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.