Copart Inc (NASDAQ:CPRT) Big Money Sentiment Is 0.99

June 29, 2018 - By Ira Colvard

Copart, Inc. (NASDAQ:CPRT) Corporate Logo

Copart Inc’s Sentiment

In 2018 Q1 Copart Inc (NASDAQ:CPRT) big money sentiment decreased to 0.99, according to SEC.gov filings. So its down -0.20, from 2017Q4’s 1.19. 163 investment managers opened new and increased stock positions, while 165 sold and decreased equity positions in Copart Inc so the sentiment has dropped. Funds own 172.82 million shares, up from 170.87 million shares in 2017Q4. Funds holding Copart Inc in top 10 changed to 17 from 18 for a decrease of 1. In total 31 funds closed positions, 134 reduced and 112 increased. Also 51 funds bought new Copart Inc stakes.

Largest Copart Inc Investors

As of 2018 Q1 Foundation Asset Management Lp has 17.25% invested in Copart Inc. As of 2018 Q1, 303,376 shares of Copart Inc are owned by Smith Thomas W. Robertson Opportunity Capital Llc reported 320,501 shares. The Rhode Island-based fund Weybosset Research & Management Llc have invested about 8.19% of the investment manager’s stock portfolio in Copart Inc. The California-based fund Mig Capital Llc looks positive on Copart Inc, owning 1.05 million shares.

Copart, Inc. provides online auctions and vehicle remarketing services.The firm is valued at $13.08 billion. 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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners.The P/E ratio is 35.82. The companyÂ’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.

The stock increased 0.54% or $0.3 during the last trading session, reaching $56.31.Currently Copart, Inc. is uptrending after 72.72% change in last June 29, 2017. CPRT has 488,335 shares volume. CPRT outperformed by 60.15% the S&P500.

On September, 18 WallStreet anticipated Copart, Inc. (NASDAQ:CPRT)’s earnings release, Zacks reports. EPS of $0.47 is 34.29 % up from 2017’s $0.35 EPS. In case of $0.47 EPS CPRT’s profit could reach $109.17M. Wall Street forecasts -9.62 % negative EPS growth as of September, 18.

Arizona State Retirement System reported 0.07% in Copart, Inc. (NASDAQ:CPRT). Cubist Systematic Strategies Ltd Liability Corp owns 128,839 shs. Foundation Asset Mgmt Lp stated it has 17.25% in Copart, Inc. (NASDAQ:CPRT). Moreover, Gotham Asset Mgmt Limited Liability Corp has 0.03% invested in Copart, Inc. (NASDAQ:CPRT). Wellington Mngmt Group Inc Limited Liability Partnership has invested 0% in Copart, Inc. (NASDAQ:CPRT). Two Sigma Securities Ltd Limited Liability Company invested 0.01% of its capital in Copart, Inc. (NASDAQ:CPRT). Frontier Inv Com accumulated 8,516 shs. Los Angeles Cap Mngmt And Equity Research reported 0.35% of its capital in Copart, Inc. (NASDAQ:CPRT). Rowland Communication Counsel Adv invested 0% in Copart, Inc. (NASDAQ:CPRT). Syntal Capital Partners Limited Liability accumulated 37,852 shs or 0.68% of the stock. Savings Bank Of America Corporation De owns 0.01% invested in Copart, Inc. (NASDAQ:CPRT) for 1.42M shs. Aperio Group Incorporated Ltd Liability Corp holds 0.03% or 117,927 shs. Price T Rowe Md has invested 0% in Copart, Inc. (NASDAQ:CPRT). Regions Financial Corp invested in 65,660 shs or 0.04% of the stock. Louisiana State Employees Retirement Systems invested 0.12% of its capital in Copart, Inc. (NASDAQ:CPRT).

Copart, Inc. had 7 selling transactions and 0 buys since January 2, 2018. This’s net activity of $35.31 million. Another trade for 80,000 shs valued at $4.64M was made by COHAN STEVEN D on Friday, June 15. ADAIR A JAYSON also sold $11.49M worth of Copart, Inc. (NASDAQ:CPRT) on Monday, June 11. Blunt Matt sold $676,522 worth of stock. The insider TRYFOROS THOMAS N sold $8.05 million. The insider FRANKLIN WILLIAM E sold 100,000 shs worth $5.75M. The insider Liaw Jeffrey sold 30,000 shs worth $1.75M.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

A total of 6 analysts rate Copart (NASDAQ:CPRT) as follows: 3 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:CPRT) has 10 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Tuesday, January 16 the rating was maintained by Stephens with “Hold”. In Friday, May 18 report Stephens downgraded the stock to “Equal-Weight” rating. On Tuesday, February 27 Stephens maintained Copart, Inc. (NASDAQ:CPRT) rating. Stephens has “Buy” rating and $54.0 target. On Wednesday, April 11 the stock of Copart, Inc. (NASDAQ:CPRT) has “Hold” rating given by Barrington. On Monday, February 12 the firm has “Overweight” rating by Stephens given. On Monday, February 26 the firm has “Buy” rating given by Robert W. Baird. On Monday, February 26 Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating. Jefferies has “Hold” rating and $47.0 target.

Another two news for Copart, Inc. (NASDAQ:CPRT) were recently released by: Streetinsider.com on June 25, 2018 with title “Copart (CPRT) Set to Join S&P 500; Exelixis (EXEL) to Join S&P MidCap 400; Clarifications to S&P US Indices …”. The other Seekingalpha.com‘s article was titled “EXEL +5.4% on move to MidCap 400; CPRT to S&P 500” and released on June 25, 2018.

Copart, Inc. (NASDAQ:CPRT) Institutional Investors Chart

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