Top Institutional Investors That Own Copart, Inc. (CPRT)

Copart, Inc. (NASDAQ:CPRT) is at least 54.91% than its current record low price of $26.47. There was a 11.74% gain on 11/22/2017 that led the price to move at $41.01. At recent session, the prices were hovering between $38.63 and $41.38. This company shares are -15.56% up from its target price of $34.63 and the current market capitalization stands at $9.58B. The recent change has given its price a 16.23% lead over SMA 50 and 11.56% lead over its 52-week high. The stock witnessed 13.41% gains, 29.04% gains and 30.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CPRT’s volatility during a week at 2.63% and during a month it has been found around 1.63%.

Copart, Inc. (CPRT) Top Holders

Institutional investors currently hold around $6.75 billion or 79.8% in CPRT stock. Look at its top three institutional owners. Vanguard Group Inc owns $600.33 million in Copart, Inc., which represents roughly 6.27% of the company’s market cap and approximately 8.9% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 15,949,386 shares of the stock are valued at $585.34 million. The third largest holder is William Blair Investment Management, Llc, which currently holds $373.12 million worth of this stock and that ownership represents nearly 3.89% of its market capitalization.

Copart, Inc. 13F Filings

At the end of September reporting period, 174 institutional holders increased their position in Copart, Inc. (NASDAQ:CPRT) by some 15,493,734 shares, 177 decreased positions by 18,502,466 and 62 held positions by 149,899,146. That puts total institutional holdings at 183,895,346 shares, according to SEC filings. The stock grabbed 59 new institutional investments totaling 5,221,485 shares while 35 institutional investors sold out their entire positions totaling 2,576,570 shares.

Copart, Inc. (NASDAQ:CPRT) Insider Trades

Multiple company employees have indulged in significant insider trading. Copart, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Meeks James E has sold 160,000 shares of Copart, Inc. (CPRT) in trading session dated Sep. 29, 2017. These shares are worth $5,492,800 and were traded at $34.33 each. The SEC filing shows that Mitz Vincent W performed a sale of 200,000 shares. The President disposed these shares by way of transaction on Sep. 28, 2017. The company’s shares were given away at $34.32 per share worth to an income of some $6,864,000 on account of Mitz Vincent W.

CEO, Adair A Jayson, sold 400,000 common shares of Copart, Inc. (CPRT) in the open market. In a transaction dated Mar. 30, 2017, the shares were put up for sale at an average price of $31.03, raking in a sum of $12,412,000. After this sale, 8,164,434 common shares of CPRT are directly owned by the insider, with total stake valued at $334,823,438.

In the transaction dated Mar. 10, 2017, the great number of shares disposed came courtesy the Director; Meeks James E disposed a total of 33,000 shares at an average price of $30.26, amounting to approximately $998,580.

Copart, Inc. (CPRT) Analyst Guide

Several analysts have released their opinion on Copart, Inc. (NASDAQ:CPRT), with 1 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation.

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