Fuller & Thaler Asset Management Inc. Sells 9,187 Shares of Expeditors International of Washington, Inc. $EXPD

Fuller & Thaler Asset Management Inc. reduced its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 64.1% during the first quarter, HoldingsChannel reports. The firm owned 5,149 shares of the transportation company’s stock after selling 9,187 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Expeditors International of Washington were worth $619,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Coppell Advisory Solutions LLC bought a new position in Expeditors International of Washington in the 4th quarter valued at approximately $25,000. Alpine Bank Wealth Management acquired a new position in shares of Expeditors International of Washington during the first quarter worth $26,000. Zions Bancorporation National Association UT bought a new position in shares of Expeditors International of Washington in the 1st quarter valued at $30,000. Garde Capital Inc. acquired a new stake in shares of Expeditors International of Washington during the 1st quarter valued at $37,000. Finally, Colonial Trust Co SC grew its position in Expeditors International of Washington by 58.6% during the 4th quarter. Colonial Trust Co SC now owns 352 shares of the transportation company’s stock worth $39,000 after acquiring an additional 130 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Expeditors International of Washington Stock Performance

NASDAQ:EXPD opened at $119.3640 on Thursday. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $131.59. The company has a 50 day simple moving average of $116.08 and a two-hundred day simple moving average of $114.38. The company has a market capitalization of $16.20 billion, a PE ratio of 20.87, a P/E/G ratio of 5.00 and a beta of 1.05.

Insider Buying and Selling at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,470 shares of Expeditors International of Washington stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $118.05, for a total transaction of $173,533.50. Following the completion of the transaction, the vice president 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Barclays dropped their target price on Expeditors International of Washington from $110.00 to $105.00 and set an “underweight” rating for the company in a research report on Wednesday, May 7th. Robert W. Baird began coverage on shares of Expeditors International of Washington in a report on Tuesday, July 1st. They issued a “neutral” rating and a $124.00 price objective for the company. Truist Financial lifted their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock a “hold” rating in a research report on Monday, June 30th. TD Cowen decreased their price target on shares of Expeditors International of Washington from $112.00 to $107.00 and set a “sell” rating for the company in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Expeditors International of Washington from $105.00 to $107.00 and gave the stock an “underweight” rating in a report on Tuesday, July 8th. Seven research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, Expeditors International of Washington has an average rating of “Reduce” and an average target price of $114.22.

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.