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Recent Insider Activity Suggests Potential Gains for Expeditors International Of Washington, Inc. (EXPD)

Expeditors International Of Washington, Inc.’s filing revealed that its Senior VP/Gen Counsel/Corp Sec Dickerman Jeffrey F unloaded Company’s shares for reported $0.25 million on Mar 07 ’24. In the deal valued at $122.63 per share,2,000 shares were sold. As a result of this transaction, Dickerman Jeffrey F now holds 5,728 shares worth roughly $0.64 million.

Then, Musser Jeffrey S sold 30,041 shares, generating $3,343,602 in total proceeds. Upon selling the shares at $111.30, the President and CEO now owns 116,587 shares.

Before that, Dickerman Jeffrey F sold 1,608 shares. Expeditors International Of Washington, Inc. shares valued at $189,567 were divested by the Senior VP/Gen Counsel/Corp Sec at a price of $117.89 per share. As a result of the transaction, Dickerman Jeffrey F now holds 5,484 shares, worth roughly $0.61 million.

BofA Securities initiated its Expeditors International Of Washington, Inc. [EXPD] rating to a Neutral in a research note published on March 15, 2024; the price target was $126. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “an Underperform”. JP Morgan began covering EXPD with “an Underweight” recommendation on August 11, 2023. Exane BNP Paribas started covering the stock on December 01, 2022. It rated EXPD as “a Neutral”.

Price Performance Review of EXPD

On Tuesday, Expeditors International Of Washington, Inc. [NYSE:EXPD] saw its stock fall -2.18% to $111.31. Over the last five days, the stock has lost -1.56%. Expeditors International Of Washington, Inc. shares have fallen nearly -12.49% since the year began. Nevertheless, the stocks have fallen -2.22% over the past one year. While a 52-week high of $131.17 was reached on 01/25/24, a 52-week low of $107.03 was recorded on 04/30/24. SMA at 50 days reached $118.15, while 200 days put it at $119.60. A total of 2.06 million shares were traded, compared to the trading of 1.49 million shares in the previous session.

Levels Of Support And Resistance For EXPD Stock

The 24-hour chart illustrates a support level at 110.47, which if violated will result in even more drops to 109.63. On the upside, there is a resistance level at 112.91. A further resistance level may holdings at 114.51. The Relative Strength Index (RSI) on the 14-day chart is 31.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.02%. Stochastics %K at 13.07% indicates the stock is a buying.

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