BlackRock Amends Expeditors Intl. Stake (14th Amendment)
Ticker: EXPD · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 746515
| Field | Detail |
|---|---|
| Company | Expeditors International Of Washington INC (EXPD) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Expeditors International stake, showing continued institutional holding.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 24, 2024, disclosing its ownership in Expeditors International of Washington Inc. as of December 31, 2023. This amendment, the 14th for BlackRock, indicates a change in their beneficial ownership of the common stock. For investors, this filing shows that a major institutional investor like BlackRock continues to hold a significant stake, which can be seen as a vote of confidence in the company's long-term prospects.
Why It Matters
This filing confirms BlackRock's continued, albeit potentially adjusted, significant institutional ownership in Expeditors International, signaling ongoing institutional interest in the stock.
Risk Assessment
Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder, but this routine update doesn't provide new actionable insights beyond confirming institutional interest.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Expeditors International of Washington Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 14'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company whose shares are being reported?
The subject company is Expeditors International of Washington Inc., as listed under 'Name of Issuer' and 'COMPANY CONFORMED NAME: EXPEDITORS INTERNATIONAL OF WASHINGTON INC'.
What was the date of the event that triggered this filing?
The date of the event which requires the filing of this statement was December 31, 2023, as specified in the filing.
How many amendments has BlackRock, Inc. filed for this particular stake?
This is the 14th amendment, as indicated by '(Amendment No: 14)' on the Schedule 13G form.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD).