Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by Unigestion Holding SA

Unigestion Holding SA cut its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 21.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 81,529 shares of the transportation company's stock after selling 21,810 shares during the period. Unigestion Holding SA owned 0.06% of Expeditors International of Washington worth $9,029,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in EXPD. First Eagle Investment Management LLC lifted its position in Expeditors International of Washington by 32.0% during the fourth quarter. First Eagle Investment Management LLC now owns 4,070,429 shares of the transportation company's stock worth $450,881,000 after buying an additional 987,233 shares during the period. Boston Partners increased its stake in shares of Expeditors International of Washington by 29.7% during the 4th quarter. Boston Partners now owns 3,797,712 shares of the transportation company's stock valued at $420,693,000 after acquiring an additional 869,637 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Expeditors International of Washington by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 3,392,307 shares of the transportation company's stock worth $374,771,000 after acquiring an additional 57,736 shares during the last quarter. Marshfield Associates grew its holdings in Expeditors International of Washington by 0.4% in the third quarter. Marshfield Associates now owns 1,818,027 shares of the transportation company's stock valued at $238,889,000 after purchasing an additional 6,878 shares during the period. Finally, Amundi raised its stake in Expeditors International of Washington by 0.6% during the fourth quarter. Amundi now owns 1,457,549 shares of the transportation company's stock worth $163,653,000 after purchasing an additional 8,101 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction that occurred 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 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 through the SEC website. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Up 2.5 %

Shares of EXPD traded up $2.66 during mid-day trading on Friday, reaching $110.92. 827,660 shares of the stock traded hands, compared to its average volume of 1,273,457. The stock has a fifty day simple moving average of $115.36 and a 200 day simple moving average of $116.94. Expeditors International of Washington, Inc. has a 12-month low of $100.47 and a 12-month high of $131.59. The firm has a market cap of $15.28 billion, a price-to-earnings ratio of 19.40, a P/E/G ratio of 5.00 and a beta of 1.03.

Analyst Ratings Changes

EXPD has been the topic of a number of research analyst reports. UBS Group decreased 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 report on Wednesday, February 19th. Susquehanna upped 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. Bank of America reduced their price objective on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. StockNews.com downgraded shares of Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. Finally, Truist Financial began 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 on the stock. Four equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat, Expeditors International of Washington has a consensus rating of "Hold" and a consensus price target of $115.90.

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.