BlackDiamond Wealth Management LLC Sells 281 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

BlackDiamond Wealth Management LLC lessened its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,158 shares of the transportation company’s stock after selling 281 shares during the quarter. BlackDiamond Wealth Management LLC’s holdings in Expeditors International of Washington were worth $239,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Manchester Capital Management LLC increased its stake in Expeditors International of Washington by 3.5% in the 4th quarter. Manchester Capital Management LLC now owns 3,032 shares of the transportation company’s stock worth $336,000 after buying an additional 103 shares during the period. Chapman Investment Management LLC increased its position in Expeditors International of Washington by 0.6% during the 4th quarter. Chapman Investment Management LLC now owns 18,967 shares of the transportation company’s stock valued at $2,101,000 after purchasing an additional 112 shares during the period. OLD National Bancorp IN increased its position in Expeditors International of Washington by 5.3% during the 4th quarter. OLD National Bancorp IN now owns 2,234 shares of the transportation company’s stock valued at $247,000 after purchasing an additional 113 shares during the period. Lindenwold Advisors INC increased its position in Expeditors International of Washington by 0.7% during the 3rd quarter. Lindenwold Advisors INC now owns 16,713 shares of the transportation company’s stock valued at $2,196,000 after purchasing an additional 114 shares during the period. Finally, Guardian Wealth Advisors LLC increased its position in Expeditors International of Washington by 5.9% during the 3rd quarter. Guardian Wealth Advisors LLC now owns 2,050 shares of the transportation company’s stock valued at $269,000 after purchasing an additional 115 shares during the period. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Trading Up 1.6 %

Shares of NASDAQ EXPD opened at $117.01 on Tuesday. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59. The company has a 50 day simple moving average of $114.57 and a two-hundred day simple moving average of $118.13. The stock has a market cap of $16.15 billion, a price-to-earnings ratio of 20.46, a PEG ratio of 5.00 and a beta of 1.00.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EXPD. Bank of America cut their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Stifel Nicolaus cut their price objective on shares of 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. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Truist Financial began coverage on shares of Expeditors International of Washington in a research report on Thursday, March 13th. They issued a “hold” rating and a $110.00 price objective on the stock. Finally, 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. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $115.90.

Insider Buying and Selling at Expeditors International of Washington

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 shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the completion of the sale, the vice president now directly owns 7,296 shares in the company, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.69% of the company’s stock.

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.