BlackRock acquired 12.4M Expeditors International Of Washington shares worth $1.99B. That's 0.03% of their equity portfolio (443rd largest holding). The investor owns 9.62% of the outstanding Expeditors International Of Washington stock. The first Expeditors International Of Washington trade was made in Q4 2020. Since then BlackRock bought shares four more times and sold shares on thirteen occasions. The stake costed the investor $1.23B, netting the investor a gain of 62% so far.
Investors need to pay close attention to Expeditors (EXPD) stock based on the movements in the options market lately.
Expeditors International (EXPD) is a strong investment opportunity in the volatile global freight industry, with potential for growth. Read more here.
Global freight rates remain volatile and are surging towards 2022 highs, positioning those in the logistics industry well for repricing. Expeditors Internati...
Director James Dubois Sells Shares of Expeditors International of Washington Inc (EXPD)