Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC decreased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 65.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,072 shares of the transportation company's stock after selling 5,933 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Expeditors International of Washington were worth $340,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SRS Capital Advisors Inc. lifted 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 valued at $26,000 after buying an additional 190 shares in the last quarter. Bank of Jackson Hole Trust purchased a new stake in Expeditors International of Washington in the 4th quarter valued at about $39,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Expeditors International of Washington in the 3rd quarter worth approximately $57,000. Aster Capital Management DIFC Ltd acquired a new position in Expeditors International of Washington during the fourth quarter worth $52,000. Finally, TD Private Client Wealth LLC boosted its holdings in 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 valued at $54,000 after acquiring an additional 142 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on EXPD shares. StockNews.com cut shares of Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. Bank of America cut their price target on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Stifel Nicolaus reduced their price target on 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. Susquehanna boosted their target price on shares of 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. Finally, JPMorgan Chase & Co. reduced their price objective 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 investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat.com, Expeditors International of Washington has an average rating of "Hold" and a consensus target price of $115.90.

Expeditors International of Washington Stock Performance

NASDAQ:EXPD traded up $0.02 during trading hours on Wednesday, hitting $107.13. The company's stock had a trading volume of 1,505,147 shares, compared to its average volume of 1,275,492. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $131.59. The company has a market capitalization of $14.76 billion, a PE ratio of 18.73, a PEG ratio of 5.00 and a beta of 1.03. The business's 50-day moving average is $114.61 and its two-hundred day moving average is $115.85.

Insider Buying and Selling at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total transaction of $146,925.00. Following the sale, the vice president now owns 7,296 shares of the company's stock, valued at $857,571.84. This trade represents a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by corporate insiders.

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.