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Expeditors International of Washington (NASDAQ:EXPD) Director Dan Kourkoumelis unloaded 6,747 shares of Expeditors International of Washington stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $45.99, for a total value of $310,294.53. Following the completion of the transaction, the director now directly owns 47,600 shares of the company’s stock, valued at approximately $2,189,124. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Expeditors International of Washington (NASDAQ:EXPD) traded down 0.30% on Monday, hitting $45.86. The stock had a trading volume of 1,526,486 shares. Expeditors International of Washington has a 52-week low of $36.45 and a 52-week high of $46.90. The stock has a 50-day moving average of $43.50 and a 200-day moving average of $42.0. The company has a market cap of $9.052 billion and a price-to-earnings ratio of 26.90.

Expeditors International of Washington (NASDAQ:EXPD) last released its earnings data on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.01. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company posted $0.39 earnings per share. Expeditors International of Washington’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that Expeditors International of Washington will post $1.88 EPS for the current fiscal year.

The company also recently announced a semiannual dividend, which is scheduled for Monday, June 16th. Investors of record on Monday, June 2nd will be paid a dividend of $0.32 per share. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, May 29th. This is an increase from Expeditors International of Washington’s previous semiannual dividend of $0.30.

EXPD has been the subject of a number of recent research reports. Analysts at Robert W. Baird raised their price target on shares of Expeditors International of Washington from $43.00 to $49.00 in a research note on Monday, May 19th. Separately, analysts at Susquehanna upgraded shares of Expeditors International of Washington from a “neutral” rating to a “positive” rating in a research note on Friday, May 16th. They now have a $55.00 price target on the stock, up previously from $44.00. Finally, analysts at Goldman Sachs raised their price target on shares of Expeditors International of Washington from $43.00 to $44.00 in a research note on Friday, May 9th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Expeditors International of Washington has a consensus rating of “Buy” and an average price target of $46.33.

Expeditors International of Washington, Inc is engaged in the business of providing global logistics services.

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