Wendell David Associates Inc. Purchases 187 Shares of Expeditors International of Washington, Inc. $EXPD

Wendell David Associates Inc. increased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,034 shares of the transportation company’s stock after acquiring an additional 187 shares during the quarter. Wendell David Associates Inc.’s holdings in Expeditors International of Washington were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of EXPD. Farther Finance Advisors LLC grew its holdings in shares of Expeditors International of Washington by 11.2% in the first quarter. Farther Finance Advisors LLC now owns 1,083 shares of the transportation company’s stock worth $132,000 after acquiring an additional 109 shares during the period. GAMMA Investing LLC grew its holdings in shares of Expeditors International of Washington by 16.5% in the first quarter. GAMMA Investing LLC now owns 4,220 shares of the transportation company’s stock worth $507,000 after acquiring an additional 598 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Expeditors International of Washington by 53.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 160,855 shares of the transportation company’s stock worth $19,343,000 after acquiring an additional 56,008 shares during the period. Sowell Financial Services LLC bought a new stake in shares of Expeditors International of Washington in the first quarter worth $200,000. Finally, State of Alaska Department of Revenue grew its holdings in shares of Expeditors International of Washington by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 16,392 shares of the transportation company’s stock worth $1,971,000 after acquiring an additional 430 shares during the period. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Up 1.5%

NASDAQ:EXPD opened at $120.00 on Friday. The business’s 50-day simple moving average is $120.79 and its two-hundred day simple moving average is $115.58. The stock has a market cap of $16.29 billion, a PE ratio of 20.98, a P/E/G ratio of 5.00 and a beta of 1.09. Expeditors International of Washington, Inc. has a 52 week low of $100.47 and a 52 week high of $129.15.

Analysts Set New Price Targets

Several analysts recently commented on the company. Barclays lifted their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Thursday, September 11th. Baird R W upgraded Expeditors International of Washington to a “hold” rating in a research report on Tuesday, July 1st. Bank of America downgraded Expeditors International of Washington from a “neutral” rating to an “underperform” rating and lifted their target price for the company from $117.00 to $118.00 in a research report on Friday, July 11th. Truist Financial lifted their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Monday, June 30th. Finally, Stifel Nicolaus lowered their target price on Expeditors International of Washington from $118.00 to $114.00 and set a “hold” rating on the stock in a research report on Friday, October 10th. Seven investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Expeditors International of Washington currently has an average rating of “Reduce” and a consensus target price of $114.44.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,470 shares of the firm’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $118.05, for a total transaction of $173,533.50. Following the sale, the vice president directly owned 7,651 shares of the company’s stock, valued at $903,200.55. This trade represents a 16.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.69% of the stock is currently 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.