2,775 Shares in Expeditors International of Washington, Inc. (NASDAQ:EXPD) Bought by Gordian Advisors LLC

Gordian Advisors LLC acquired a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,775 shares of the transportation company’s stock, valued at approximately $365,000. Expeditors International of Washington makes up approximately 0.3% of Gordian Advisors LLC’s holdings, making the stock its 25th largest position.

A number of other large investors have also recently bought and sold shares of EXPD. Crewe Advisors LLC bought a new stake in shares of Expeditors International of Washington during the 1st quarter worth $25,000. Innealta Capital LLC bought a new position in shares of Expeditors International of Washington in the second quarter worth about $31,000. Family Firm Inc. acquired a new stake in shares of Expeditors International of Washington in the 2nd quarter valued at approximately $35,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Expeditors International of Washington during the 2nd quarter valued at approximately $52,000. Finally, ORG Partners LLC grew its holdings in shares of Expeditors International of Washington by 752.0% during the 1st quarter. ORG Partners LLC now owns 426 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 376 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on EXPD. TD Cowen boosted their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research note on Wednesday. Wolfe Research downgraded Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, August 7th. Bank of America lifted their target price on shares of Expeditors International of Washington from $131.00 to $132.00 and gave the stock a “neutral” rating in a research report on Monday, July 22nd. Finally, Barclays raised their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday. Five analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $115.00.

Expeditors International of Washington Stock Down 4.9 %

NASDAQ EXPD traded down $5.96 on Wednesday, reaching $116.06. The company had a trading volume of 558,292 shares, compared to its average volume of 1,209,412. The stock has a market capitalization of $16.38 billion, a P/E ratio of 24.67, a P/E/G ratio of 5.03 and a beta of 0.98. The company’s fifty day moving average is $122.56 and its 200 day moving average is $121.29. Expeditors International of Washington, Inc. has a 52-week low of $107.03 and a 52-week high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, November 5th. The transportation company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.30. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Expeditors International of Washington had a net margin of 7.40% and a return on equity of 29.15%. The firm’s revenue for the quarter was up 37.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.16 earnings per share. On average, research analysts expect that Expeditors International of Washington, Inc. will post 5.04 EPS for the current year.

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.