Expeditors International of Washington (NASDAQ:EXPD) Price Target Raised to $95.00

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) had its target price lifted by equities research analysts at Morgan Stanley from $90.00 to $95.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an "underweight" rating on the transportation company's stock. Morgan Stanley's price objective would suggest a potential downside of 36.08% from the company's previous close.Is the Grinch Stealing This Year's Holiday Season Jobs? Several other research analysts have also weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Expeditors International of Washington from $116.00 to $134.00 and gave the stock an "underweight" rating in a report on Wednesday, November 5th. UBS Group raised shares of Expeditors International of Washington from a "neutral" rating to a "buy" rating and upped their price target for the stock from $138.00 to $166.00 in a research report on Monday, November 17th. TD Cowen increased their price target on shares of Expeditors International of Washington from $111.00 to $131.00 and gave the stock a "sell" rating in a research note on Wednesday, November 5th. Truist Financial boosted their price objective on shares of Expeditors International of Washington from $120.00 to $130.00 and gave the company a "hold" rating in a research note on Wednesday, November 5th. Finally, Stifel Nicolaus upped their price objective on Expeditors International of Washington from $114.00 to $130.00 and gave the stock a "hold" rating in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $128.20.View Our Latest Report on EXPDExpeditors International of Washington Stock PerformanceExpeditors International of Washington stock traded down $2.84 during trading on Monday, hitting $148.63. The company's stock had a trading volume of 320,582 shares, compared to its average volume of 1,350,617. The stock's fifty day moving average is $130.73 and its 200 day moving average is $121.94. Expeditors International of Washington has a 1-year low of $100.47 and a 1-year high of $151.67. The stock has a market capitalization of $19.92 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 5.00 and a beta of 1.15. Insider Buying and SellingIn other Expeditors International of Washington news, Director Mark A. Emmert sold 5,400 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $135.25, for a total value of $730,350.00. Following the completion of the sale, the director owned 6,468 shares of the company's stock, valued at $874,797. This trade represents a 45.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Jeffrey F. Dickerman sold 1,500 shares of the firm's stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $134.17, for a total transaction of $201,255.00. Following the sale, the vice president directly owned 6,151 shares of the company's stock, valued at approximately $825,279.67. The trade was a 19.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.69% of the stock is owned by corporate insiders. Institutional Inflows and OutflowsSeveral institutional investors have recently modified their holdings of the business. Clifford Swan Investment Counsel LLC increased its holdings in shares of Expeditors International of Washington by 18.0% in the second quarter. Clifford Swan Investment Counsel LLC now owns 71,213 shares of the transportation company's stock valued at $8,136,000 after purchasing an additional 10,858 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Expeditors International of Washington by 48.0% during the 2nd quarter. American Century Companies Inc. now owns 364,050 shares of the transportation company's stock worth $41,593,000 after buying an additional 118,114 shares during the period. Prudential Financial Inc. grew its stake in Expeditors International of Washington by 7.2% in the 2nd quarter. Prudential Financial Inc. now owns 82,596 shares of the transportation company's stock valued at $9,437,000 after buying an additional 5,537 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Expeditors International of Washington in the 2nd quarter valued at about $21,493,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Expeditors International of Washington by 3.1% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,973 shares of the transportation company's stock valued at $1,939,000 after acquiring an additional 516 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock. About Expeditors International of Washington (Get Free Report)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.Recommended StoriesFive stocks we like better than Expeditors International of WashingtonWhat Are Some of the Best Large-Cap Stocks to Buy?D-Wave's 22% Surge: What's Behind the December Rally?How to Start Investing in Real EstateNetflix Wins the Streaming Wars: The $82B Warner Bros. DealHealth Care Stocks Explained: Why You Might Want to Invest5 Robotics Stocks Catching Momentum After New Policy TailwindsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Expeditors International of Washington Right Now?Before you consider Expeditors International of Washington, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expeditors International of Washington wasn't on the list.While Expeditors International of Washington currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here