The President Global Services of Expeditors International is Exercising Options

By Carrie Williams

Today, the President Global Services of Expeditors International, Eugene Alger, exercised options of Expeditors International for $620.2K.

Following Eugene Alger’s last EXPD Sell transaction on March 21, 2017, the stock climbed by 9.3%.

Based on Expeditors International’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.8 billion and quarterly net profit of $120 million. In comparison, last year the company earned revenue of $1.56 billion and had a net profit of $108 million. The company has a one-year high of $65.41 and a one-year low of $51.57. EXPD’s market cap is $11.44B and the company has a P/E ratio of 27.06.

Four different firms, including Credit Suisse and RBC Capital, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $59.5, reflecting a 6.8% upside.

Eugene Alger’s trades have generated a -5.0% 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.