Jump Financial LLC Has $222,000 Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Jump Financial LLC cut its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 88.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,002 shares of the transportation company's stock after selling 15,902 shares during the period. Jump Financial LLC's holdings in Expeditors International of Washington were worth $222,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EXPD. SRS Capital Advisors Inc. boosted its stake in shares of Expeditors International of Washington by 431.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Bank of Jackson Hole Trust bought a new stake in Expeditors International of Washington during the fourth quarter worth approximately $39,000. Aster Capital Management DIFC Ltd acquired a new position in Expeditors International of Washington during the fourth quarter valued at approximately $52,000. TD Private Client Wealth LLC lifted its stake in shares of Expeditors International of Washington by 41.0% in the fourth quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company's stock worth $54,000 after buying an additional 142 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in shares of Expeditors International of Washington during the 4th quarter worth $54,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Price Performance

Shares of EXPD traded up $2.66 during trading hours on Friday, hitting $112.27. The stock had a trading volume of 247,959 shares, compared to its average volume of 1,265,817. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 5.00 and a beta of 1.03. The company's fifty day moving average is $113.75 and its two-hundred day moving average is $115.34. Expeditors International of Washington, Inc. has a 52 week low of $100.47 and a 52 week high of $131.59.

Wall Street Analysts Forecast Growth

EXPD has been the subject of a number of research analyst reports. Susquehanna boosted their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. decreased their target price on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 19th. Truist Financial reduced their price objective on Expeditors International of Washington from $110.00 to $105.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Finally, Bank of America reduced their target price on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Four equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to data from MarketBeat, Expeditors International of Washington has a consensus rating of "Hold" and an average target price of $115.40.

Insider Transactions at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the 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. This represents a 14.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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.