Copart, Inc. (NASDAQ:CPRT) Shares Acquired by Roundview Capital LLC

Roundview Capital LLC boosted its holdings in Copart, Inc. (NASDAQ:CPRT) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 136,199 shares of the business services provider’s stock after buying an additional 3,311 shares during the quarter. Roundview Capital LLC’s holdings in Copart were worth $7,816,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CPRT. Mn Services Vermogensbeheer B.V. grew its holdings in shares of Copart by 2.5% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 339,680 shares of the business services provider’s stock worth $19,494,000 after acquiring an additional 8,300 shares during the last quarter. National Pension Service boosted its position in shares of Copart by 3.2% in the 4th quarter. National Pension Service now owns 1,558,067 shares of the business services provider’s stock valued at $89,417,000 after purchasing an additional 48,334 shares during the period. Kieckhefer Group LLC purchased a new position in Copart in the 4th quarter worth about $3,962,000. Sanctuary Advisors LLC raised its holdings in Copart by 21.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 52,767 shares of the business services provider’s stock worth $2,765,000 after buying an additional 9,222 shares during the period. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in Copart by 47.4% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 393,187 shares of the business services provider’s stock valued at $22,565,000 after buying an additional 126,436 shares in the last quarter. Institutional investors own 85.78% of the company’s stock.

Analysts Set New Price Targets

Separately, Argus downgraded shares of Copart from a “buy” rating to a “hold” rating in a research report on Friday, March 14th.

Copart Stock Up 2.6 %

CPRT opened at $56.59 on Tuesday. Copart, Inc. has a 12-month low of $48.05 and a 12-month high of $64.38. The firm has a market capitalization of $54.67 billion, a P/E ratio of 37.98 and a beta of 1.30. The stock has a fifty day moving average of $56.32 and a 200-day moving average of $56.28.

Copart (NASDAQ:CPRT) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. Copart had a return on equity of 19.31% and a net margin of 32.27%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.13 billion. On average, analysts expect that Copart, Inc. will post 1.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Matt Blunt sold 50,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $57.66, for a total transaction of $2,883,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel J. Englander sold 235,480 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $56.84, for a total value of $13,384,683.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 385,480 shares of company stock worth $21,667,683. 9.68% of the stock is owned by company insiders.

Copart Profile

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.