Everett Harris & Co. CA and
Seven Eight Capital LP have decreased their stakes in
Expeditors International of Washington, Inc. (EXPD), while
MEAG MUNICH ERGO Kapitalanlagegesellschaft and
Sanctuary Advisors LLC have increased theirs.
Jim Cramer posits that EXPD's stock value could benefit from FedEx's decline. Mixed opinions surround the question of investing in EXPD now, with a general warning regarding
steep valuation despite medium-term risk.
TD Cowen has downgraded EXPD to sell, while stock
insiders have sold $2.2m of EXPD shares, possibly signaling caution. Revenues surpass expectations in Q2 2024, earning $1.24 per share, and marked a 9% revenue boost, returning $205M to shareholders. However, difficulties remain for the stock to multiply in value. The company's recent performance suggests good financial health, with the stock reaching a new 1-year high at $131.43. Several firms including
Truist Financial Corp and
D. E. Shaw & Co. Inc. have reduced their holdings in EXPD, while others like
Frank Rimerman Advisors LLC have boosted their stake. A potential increase in CEO compensation this year is seen as unlikely.
Expeditors International of Washington EXPD News Analytics from Mon, 08 Jun 2015 22:04:58 GMT to Sat, 19 Oct 2024 16:41:41 GMT -
Rating -1
- Innovation -2
- Information 0
- Rumor 3
