Copart, Inc. (NASDAQ:CPRT) Stock Holdings Boosted by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its holdings in Copart, Inc. (NASDAQ:CPRT - Free Report) by 63.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,110 shares of the business services provider's stock after buying an additional 21,750 shares during the period. Knights of Columbus Asset Advisors LLC's holdings in Copart were worth $3,220,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mn Services Vermogensbeheer B.V. lifted its stake in Copart by 2.5% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 339,680 shares of the business services provider's stock worth $19,494,000 after purchasing an additional 8,300 shares during the last quarter. National Pension Service raised its holdings in shares of Copart by 3.2% in the fourth quarter. National Pension Service now owns 1,558,067 shares of the business services provider's stock valued at $89,417,000 after buying an additional 48,334 shares during the last quarter. Kieckhefer Group LLC acquired a new stake in shares of Copart during the fourth quarter worth about $3,962,000. Sanctuary Advisors LLC grew its stake in shares of Copart by 21.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 52,767 shares of the business services provider's stock valued at $2,765,000 after purchasing an additional 9,222 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY grew its position in Copart by 47.4% in the 4th 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 during the last quarter. 85.78% of the stock is owned by institutional investors and hedge funds.

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Copart Stock Down 0.9 %

Shares of Copart stock traded down $0.52 on Wednesday, hitting $55.07. The company's stock had a trading volume of 3,767,134 shares, compared to its average volume of 4,012,409. The company has a market capitalization of $53.20 billion, a P/E ratio of 36.96 and a beta of 1.30. The firm has a fifty day moving average price of $56.38 and a 200-day moving average price of $56.10. Copart, Inc. has a 52-week low of $48.05 and a 52-week high of $64.38.

Copart (NASDAQ:CPRT - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.02. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.13 billion. Copart had a return on equity of 19.31% and a net margin of 32.27%. As a group, analysts expect that Copart, Inc. will post 1.57 earnings per share for the current year.

Insider Buying and Selling at Copart

In other news, Director Matt Blunt sold 50,000 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $57.66, for a total value of $2,883,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James E. Meeks sold 100,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $54.00, for a total value of $5,400,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 385,480 shares of company stock worth $21,667,683. Insiders own 9.68% of the company's stock.

Analyst Ratings Changes

Separately, Argus downgraded Copart from a "buy" rating to a "hold" rating in a research note on Friday, March 14th.

About Copart

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.