Landscape Capital Management L.L.C. Purchases Shares of 7,576 Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Landscape Capital Management L.L.C. purchased a new stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 7,576 shares of the transportation company's stock, valued at approximately $839,000.

A number of other hedge funds have also recently made changes to their positions in the company. SRS Capital Advisors Inc. boosted its stake in Expeditors International of Washington by 431.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock worth $26,000 after purchasing an additional 190 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of Expeditors International of Washington in the fourth quarter worth about $39,000. TD Private Client Wealth LLC lifted its stake in Expeditors International of Washington by 41.0% in the fourth quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company's stock worth $54,000 after acquiring an additional 142 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Expeditors International of Washington in the 4th quarter worth about $54,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Expeditors International of Washington in the 3rd quarter worth approximately $57,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the business's 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 transaction, the vice president now directly owns 7,296 shares in the company, valued at $857,571.84. The trade was a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EXPD has been the topic of a number of research reports. Susquehanna raised their price target on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, March 3rd. UBS Group decreased their price target on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. Benchmark reaffirmed a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. StockNews.com cut Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. Finally, Truist Financial initiated coverage on shares of Expeditors International of Washington in a research report on Thursday, March 13th. They set a "hold" rating and a $110.00 price target for the company. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, Expeditors International of Washington has a consensus rating of "Hold" and an average price target of $115.90.

Expeditors International of Washington Stock Performance

Expeditors International of Washington stock traded up $1.87 during trading hours on Friday, hitting $110.13. 2,297,248 shares of the stock were exchanged, compared to its average volume of 1,279,709. The stock has a market capitalization of $15.17 billion, a P/E ratio of 19.25, a P/E/G ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a 12 month low of $100.47 and a 12 month high of $131.59. The business's 50-day moving average is $115.31 and its two-hundred day moving average is $116.82.

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.