Arjuna Capital Sells 393 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Arjuna Capital lessened its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,632 shares of the transportation company’s stock after selling 393 shares during the quarter. Arjuna Capital’s holdings in Expeditors International of Washington were worth $2,175,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of EXPD. Hara Capital LLC acquired a new position in shares of Expeditors International of Washington during the third quarter valued at about $26,000. SRS Capital Advisors Inc. increased its stake in 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 purchasing an additional 190 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Expeditors International of Washington in the fourth quarter worth $39,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Expeditors International of Washington in the third quarter worth $57,000. Finally, Maia Wealth LLC acquired a new stake in shares of Expeditors International of Washington during the third quarter worth $59,000. Institutional investors own 94.02% of the company’s stock.

Insider Activity

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 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 owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. This trade represents a 23.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on EXPD. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Stifel Nicolaus cut their price target on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a report on Thursday, January 23rd. Bank of America decreased their price objective on shares of 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. StockNews.com lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a research report on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.56.

Expeditors International of Washington Trading Up 4.9 %

Shares of Expeditors International of Washington stock opened at $126.64 on Friday. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59. The firm has a market capitalization of $17.48 billion, a PE ratio of 22.14, a P/E/G ratio of 5.00 and a beta of 1.00. The firm’s 50-day moving average price is $113.45 and its 200 day moving average price is $118.34.

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.