The CSO of Expeditors International (NASDAQ: EXPD) is Selling Shares

By Carrie Williams

Today, the CSO of Expeditors International (NASDAQ: EXPD), Philip Coughlin, sold shares of EXPD for $786.8K.

Following Philip Coughlin’s last EXPD Sell transaction on March 08, 2011, the stock climbed by 20.6%. In addition to Philip Coughlin, 3 other EXPD executives reported Sell trades in the last month.

Based on Expeditors International’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.9 billion and quarterly net profit of $167 million. In comparison, last year the company earned revenue of $1.64 billion and had a net profit of $111 million. The company has a one-year high of $67.63 and a one-year low of $51.96. EXPD’s market cap is $11.47B and the company has a P/E ratio of 24.19.

Four different firms, including Credit Suisse and RBC Capital, currently also have a Sell rating on the stock. Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $66.86, reflecting a -2.3% downside.

The insider sentiment on Expeditors International has been negative according to 25 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Philip Coughlin’s trades have generated a 15.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Expeditors International of Washington, Inc. engages in the provision of global logistics services. It offers airfreight services, ocean freight and ocean services, and customs brokerage and other services.