Advyzon Investment Management LLC Invests $287,000 in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Advyzon Investment Management LLC acquired a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,589 shares of the transportation company's stock, valued at approximately $287,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ieq Capital LLC boosted its position in shares of Expeditors International of Washington by 8.0% during the 4th quarter. Ieq Capital LLC now owns 14,056 shares of the transportation company's stock valued at $1,557,000 after acquiring an additional 1,045 shares in the last quarter. Chapman Investment Management LLC boosted its position in shares of Expeditors International of Washington by 0.6% during the 4th quarter. Chapman Investment Management LLC now owns 18,967 shares of the transportation company's stock valued at $2,101,000 after acquiring an additional 112 shares in the last quarter. Bank of Jackson Hole Trust acquired a new stake in shares of Expeditors International of Washington during the 4th quarter valued at about $39,000. Kentucky Retirement Systems Insurance Trust Fund boosted its position in shares of Expeditors International of Washington by 74.2% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 7,280 shares of the transportation company's stock valued at $806,000 after acquiring an additional 3,102 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its position in Expeditors International of Washington by 4.0% in the fourth quarter. CIBC Asset Management Inc now owns 21,466 shares of the transportation company's stock valued at $2,378,000 after buying an additional 823 shares in the last quarter. Institutional investors own 94.02% of the company's stock.

Insider Transactions at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares of the company's stock, valued at $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.69% of the stock is owned by company insiders.

Expeditors International of Washington Price Performance

Shares of EXPD stock traded down $0.82 during trading hours on Friday, reaching $116.44. 2,811,278 shares of the company were exchanged, compared to its average volume of 1,120,276. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59. The stock's fifty day moving average is $112.54 and its two-hundred day moving average is $118.39. The company has a market cap of $16.30 billion, a price-to-earnings ratio of 20.36, a P/E/G ratio of 5.07 and a beta of 0.98.

Analyst Upgrades and Downgrades

A number of research firms have commented on EXPD. 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. Stifel Nicolaus reduced 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 research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on shares of Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating on the stock in a research report on Wednesday. Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday. Finally, Bank of America reduced their price target on shares of Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Four analysts have rated the stock with a sell rating and eight have given a hold rating to the company's stock. Based on data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of "Hold" and an average price target of $116.56.

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.