Achmea Investment Management B.V. Sells 63,780 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Achmea Investment Management B.V. cut its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 50.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,517 shares of the transportation company's stock after selling 63,780 shares during the quarter. Achmea Investment Management B.V.'s holdings in Expeditors International of Washington were worth $6,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of EXPD. Two Sigma Advisers LP grew its stake in shares of Expeditors International of Washington by 1,497.4% in the third quarter. Two Sigma Advisers LP now owns 426,500 shares of the transportation company's stock worth $56,042,000 after purchasing an additional 399,800 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Expeditors International of Washington during the 4th quarter valued at approximately $36,865,000. KBC Group NV boosted its position in Expeditors International of Washington by 836.7% during the 4th quarter. KBC Group NV now owns 339,705 shares of the transportation company's stock valued at $37,629,000 after acquiring an additional 303,438 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Expeditors International of Washington by 12.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company's stock valued at $315,485,000 after acquiring an additional 257,791 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in Expeditors International of Washington during the 4th quarter valued at approximately $13,008,000. 94.02% of the stock is owned by institutional investors.

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Insider Buying and Selling

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 transaction 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is currently owned by insiders.

Analyst Ratings Changes

EXPD has been the topic of several research reports. StockNews.com cut Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. JPMorgan Chase & Co. cut their price objective on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 19th. Benchmark reissued a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Susquehanna boosted 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. Finally, Truist Financial initiated coverage on Expeditors International of Washington in a research report on Thursday, March 13th. They issued a "hold" rating and a $110.00 price target on the stock. Four research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $115.90.

Expeditors International of Washington Trading Up 0.2 %

Expeditors International of Washington stock traded up $0.24 during mid-day trading on Tuesday, hitting $117.14. The stock had a trading volume of 1,168,965 shares, compared to its average volume of 1,168,406. The firm has a market capitalization of $16.17 billion, a P/E ratio of 20.48, a P/E/G ratio of 5.00 and a beta of 1.00. The firm's 50 day moving average is $114.57 and its 200 day moving average is $118.13. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59.

About Expeditors International of Washington

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.