Copart, Inc. (NASDAQ:CPRT - Get Free Report) Director Steven D. Cohan sold 5,003 shares of the company's stock in a transaction on Friday, April 11th. The shares were sold at an average price of $60.01, for a total value of $300,230.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Steven D. Cohan also recently made the following trade(s):
- On Monday, April 14th, Steven D. Cohan sold 94,997 shares of Copart stock. The shares were sold at an average price of $60.01, for a total transaction of $5,700,769.97.
Copart Stock Up 1.0 %
CPRT stock opened at $60.45 on Wednesday. Copart, Inc. has a 52-week low of $48.05 and a 52-week high of $64.38. The business has a fifty day moving average of $56.17 and a two-hundred day moving average of $56.75. The stock has a market cap of $58.40 billion, a price-to-earnings ratio of 40.57 and a beta of 1.22.
Copart (NASDAQ:CPRT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.13 billion. Copart had a net margin of 32.27% and a return on equity of 19.31%. As a group, sell-side analysts anticipate that Copart, Inc. will post 1.57 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Argus lowered shares of Copart from a "buy" rating to a "hold" rating in a report on Friday, March 14th.
View Our Latest Research Report on Copart
Hedge Funds Weigh In On Copart
Large investors have recently made changes to their positions in the stock. HighPoint Advisor Group LLC raised its position in Copart by 1.8% in the fourth quarter. HighPoint Advisor Group LLC now owns 9,747 shares of the business services provider's stock valued at $577,000 after purchasing an additional 175 shares during the period. Sandy Spring Bank grew its stake in shares of Copart by 59.5% in the fourth quarter. Sandy Spring Bank now owns 472 shares of the business services provider's stock valued at $27,000 after buying an additional 176 shares in the last quarter. Lindbrook Capital LLC raised its holdings in shares of Copart by 3.2% in the 4th quarter. Lindbrook Capital LLC now owns 6,007 shares of the business services provider's stock valued at $345,000 after buying an additional 184 shares during the period. Nixon Peabody Trust Co. lifted its stake in Copart by 5.0% during the 1st quarter. Nixon Peabody Trust Co. now owns 4,108 shares of the business services provider's stock worth $232,000 after acquiring an additional 195 shares in the last quarter. Finally, Everpar Advisors LLC boosted its holdings in Copart by 4.3% during the 4th quarter. Everpar Advisors LLC now owns 4,811 shares of the business services provider's stock valued at $276,000 after acquiring an additional 199 shares during the period. 85.78% of the stock is currently owned by institutional investors and hedge funds.
Copart Company Profile
(
Get Free Report)
Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.
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