Expeditors International of Washington Inc. (EXPD) has been performing well. The company's Q3 earnings exceeded expectations, with a 9% rise in profits on higher revenues and a surge of 41% in Q3 earnings, accompanied by a record $3B in revenue. Many financial institutions have either increased, decreased, or maintained their positions in EXPD, indicating a strong interest in the stock. For instance, Barclays PLC boosted holdings, Coldstream Capital Management acquired 4,519 shares, and Point72 Asset Management invested $4.36 Million. On the downside, Wellington Management Group, Public Employees Retirement System of Ohio, Unigestion HoldingSA and others have sold significant amounts of EXPD shares. For investors, the company has provided decent returns, with share values appreciating by 63% over the past five years. However, other reports suggest caution about the company's future value. The company's insiders sold US$2.2m of stock, potentially signaling caution. Yet, with notable Q3 performance and robust fundamentals, many analysts forecast continued growth. EXPD has returned $205M to shareholders even amidst operational challenges, further strengthening its position as a reputable, investor-focused company.
Expeditors International of Washington EXPD News Analytics from Fri, 06 Nov 2020 05:37:56 GMT to Fri, 13 Dec 2024 13:05:12 GMT -
Rating 5
- Innovation 0
- Rumor 2
