Can Market Sentiment Sustain EXPD's Price Surge Today?

Expeditors International of Washington surged to $126.52 per share this evening, but it remains 19.36% above its mean target price of $106.0. There may still be room for more downwards movement — even after today's 1.7% drop. Analysts are giving the large-cap Fossil Fuel Exploration and Production stock on average rating of hold, with target prices ranging from $84.0 to $130.0 per share.

Expeditors International of Washington has an average level of shares sold short, at 6.2% of its total share float. The stock's short ratio (also called days to cover) is 4.32. The company's insiders own 0.67% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Institutional investors own 100.7% of Expeditors International of Washington's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in Expeditors International of Washington

Date Reported Holder Percentage Shares Value
2023-09-30 Blackrock Inc. 13% 18,639,440 $2,358,261,886
2023-09-30 Vanguard Group Inc 12% 17,569,642 $2,222,911,046
2023-09-30 State Street Corporation 6% 8,298,463 $1,049,921,510
2023-09-30 Loomis Sayles & Company, LP 4% 6,215,317 $786,361,885
2023-09-30 Geode Capital Management, LLC 3% 3,736,386 $472,727,544
2023-09-30 Boston Partners 2% 2,953,003 $373,613,929
2023-09-30 Invesco Ltd. 2% 2,714,889 $343,487,747
2023-09-30 First Eagle Investment Management, LLC 2% 2,661,165 $336,690,586
2023-09-30 Bank of America Corporation 2% 2,613,429 $330,651,028
2023-09-30 Wellington Management Group, LLP 2% 2,506,780 $317,157,797
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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