National Asset Management Inc. Has $831,000 Holdings in Copart, Inc. (NASDAQ:CPRT)

National Asset Management Inc. lessened its position in shares of Copart, Inc. (NASDAQ:CPRTGet Rating) by 46.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,605 shares of the business services provider’s stock after selling 5,792 shares during the quarter. National Asset Management Inc.’s holdings in Copart were worth $831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Gilbert & Cook Inc. grew its holdings in shares of Copart by 14.2% during the 1st quarter. Gilbert & Cook Inc. now owns 4,912 shares of the business services provider’s stock worth $616,000 after purchasing an additional 609 shares in the last quarter. Gamble Jones Investment Counsel grew its holdings in shares of Copart by 51.6% during the 1st quarter. Gamble Jones Investment Counsel now owns 4,700 shares of the business services provider’s stock worth $590,000 after purchasing an additional 1,600 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Copart by 1.2% during the 1st quarter. Mutual of America Capital Management LLC now owns 28,566 shares of the business services provider’s stock worth $3,584,000 after purchasing an additional 331 shares in the last quarter. Atria Investments LLC grew its holdings in shares of Copart by 3.2% during the 1st quarter. Atria Investments LLC now owns 39,945 shares of the business services provider’s stock worth $5,012,000 after purchasing an additional 1,235 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Copart by 15.0% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 2,356 shares of the business services provider’s stock worth $296,000 after purchasing an additional 308 shares in the last quarter. Institutional investors and hedge funds own 87.14% of the company’s stock.

Analyst Ratings Changes

CPRT has been the topic of several recent analyst reports. StockNews.com initiated coverage on Copart in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Guggenheim decreased their price target on Copart to $151.00 in a research note on Friday, May 20th. Finally, Stephens boosted their price target on Copart to $145.00 and gave the company an “overweight” rating in a research note on Friday, May 20th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Copart presently has an average rating of “Hold” and a consensus price target of $157.75.

Copart Trading Down 0.9 %

Shares of CPRT opened at $120.85 on Tuesday. The stock has a fifty day moving average price of $112.31 and a two-hundred day moving average price of $119.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 5.35 and a current ratio of 5.47. Copart, Inc. has a 52-week low of $102.21 and a 52-week high of $161.12. The company has a market cap of $28.72 billion, a price-to-earnings ratio of 26.92 and a beta of 1.11.

Copart (NASDAQ:CPRTGet Rating) last issued its quarterly earnings data on Wednesday, May 18th. The business services provider reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.02. Copart had a return on equity of 26.69% and a net margin of 32.15%. The firm had revenue of $939.94 million during the quarter, compared to the consensus estimate of $860.41 million. During the same quarter in the previous year, the company posted $1.09 EPS. Analysts predict that Copart, Inc. will post 4.42 EPS for the current fiscal year.

Insider Buying and Selling at Copart

In other news, Director Matt Blunt sold 10,000 shares of the business’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $115.72, for a total transaction of $1,157,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Matt Blunt sold 10,000 shares of the business’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $115.72, for a total transaction of $1,157,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel J. Englander sold 80,000 shares of the business’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $110.78, for a total value of $8,862,400.00. The disclosure for this sale can be found here. Corporate insiders own 11.18% of the company’s stock.

Copart Company Profile

(Get Rating)

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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Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

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