Alpha DNA Investment Management LLC Has $545,000 Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Alpha DNA Investment Management LLC decreased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 22.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,921 shares of the transportation company’s stock after selling 1,438 shares during the quarter. Alpha DNA Investment Management LLC’s holdings in Expeditors International of Washington were worth $545,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. SRS Capital Advisors Inc. lifted its holdings 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 valued at $26,000 after buying an additional 190 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington in the fourth quarter valued at approximately $39,000. Aster Capital Management DIFC Ltd bought a new stake in Expeditors International of Washington in the fourth quarter worth approximately $52,000. TD Private Client Wealth LLC increased its stake 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 worth $54,000 after purchasing an additional 142 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in shares of Expeditors International of Washington during the 4th quarter valued at $54,000. Institutional investors and hedge funds own 94.02% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPD has been the subject of a number of recent research reports. Stifel Nicolaus decreased their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Susquehanna raised their price objective on Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. UBS Group decreased their target price on 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. Finally, StockNews.com lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat, Expeditors International of Washington presently has an average rating of “Hold” and an average price target of $115.90.

Expeditors International of Washington Price Performance

Shares of Expeditors International of Washington stock opened at $106.67 on Friday. The company has a market cap of $14.69 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03. The firm has a fifty day moving average price of $115.09 and a two-hundred day moving average price of $116.34. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $131.59.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the company’s 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 completion of the transaction, the vice president now owns 7,296 shares of the company’s stock, valued at $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.69% of the stock is owned by company insiders.

Expeditors International of Washington Company 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.