Wealthfront Advisers LLC reduced its stake in Expeditors International of Washington (NASDAQ:EXPD) by 38.4% in the third quarter. Despite this, institutional investors collectively own about 94.02% of the company’s stock. Analysts have mixed ratings, with a MarketBeat consensus of “Reduce” and a target price below the current share price, yet some firms have adjusted their price targets upwards.
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Expeditors International of Washington, Inc. $EXPD Shares Sold by Wealthfront Advisers LLC
Wealthfront Advisers LLC reduced its stake in Expeditors International of Washington (NASDAQ:EXPD) by 38.4% in the third quarter. Despite this, institutional investors collectively own about 94.02% of the company’s stock. Analysts have mixed ratings, with a MarketBeat consensus of “Reduce” and a target price below the current share price, yet some firms have adjusted their price targets upwards.