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

Guggenheim Capital LLC decreased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 75,152 shares of the transportation company’s stock after selling 1,209 shares during the quarter. Guggenheim Capital LLC’s holdings in Expeditors International of Washington were worth $8,325,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPD. SRS Capital Advisors Inc. increased its holdings in Expeditors International of Washington by 431.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after buying an additional 190 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in Expeditors International of Washington in the 4th quarter worth approximately $39,000. Aster Capital Management DIFC Ltd acquired a new position in Expeditors International of Washington during the fourth quarter worth $52,000. TD Private Client Wealth LLC boosted its position in shares of Expeditors International of Washington by 41.0% during the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock valued at $54,000 after acquiring an additional 142 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Expeditors International of Washington in the 4th quarter valued at approximately $54,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Truist Financial assumed coverage on Expeditors International of Washington in a research report on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective for the company. Susquehanna upped their price objective 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. Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. StockNews.com lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Finally, Bank of America decreased their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $115.90.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total value of $146,925.00. Following the sale, the vice president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Performance

NASDAQ EXPD opened at $105.80 on Thursday. The firm’s fifty day moving average is $115.21 and its two-hundred day moving average is $116.51. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59. The firm has a market cap of $14.57 billion, a PE ratio of 18.50, a P/E/G ratio of 5.00 and a beta of 1.03.

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.