Chevy Chase Trust Holdings LLC Sells 2,469 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Chevy Chase Trust Holdings LLC lowered its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,854 shares of the transportation company’s stock after selling 2,469 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Expeditors International of Washington worth $8,181,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Hara Capital LLC bought a new stake in Expeditors International of Washington during the third quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Expeditors International of Washington in the third quarter worth approximately $57,000. Maia Wealth LLC bought a new position in shares of Expeditors International of Washington in the third quarter worth approximately $59,000. Asset Dedication LLC lifted its stake in shares of Expeditors International of Washington by 339.9% in the fourth quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock worth $72,000 after buying an additional 503 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Expeditors International of Washington by 19.0% in the third quarter. Farther Finance Advisors LLC now owns 1,100 shares of the transportation company’s stock worth $144,000 after buying an additional 176 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’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 approximately $1,170,164.82. This represents a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.69% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on EXPD shares. Stifel Nicolaus dropped their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research note on Thursday, January 23rd. Bank of America dropped their target price on shares of 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. Barclays upped their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday. Finally, TD Cowen boosted their price objective on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.44.

Expeditors International of Washington Trading Up 1.0 %

Shares of EXPD stock opened at $113.82 on Tuesday. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59. The stock has a market cap of $15.93 billion, a P/E ratio of 22.19, a P/E/G ratio of 3.77 and a beta of 0.98. The company has a 50 day simple moving average of $112.77 and a two-hundred day simple moving average of $118.48.

Expeditors International of Washington Company 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.