Thompson Siegel & Walmsley LLC Buys 1,097 Shares of Copart, Inc. (NASDAQ:CPRT)

Thompson Siegel & Walmsley LLC increased its stake in shares of Copart, Inc. (NASDAQ:CPRTFree Report) by 1.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 78,097 shares of the business services provider’s stock after acquiring an additional 1,097 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Copart were worth $4,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rise Advisors LLC purchased a new stake in shares of Copart in the first quarter valued at about $28,000. Pinnacle Bancorp Inc. grew its holdings in shares of Copart by 79.6% in the first quarter. Pinnacle Bancorp Inc. now owns 528 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 234 shares in the last quarter. Crewe Advisors LLC lifted its holdings in Copart by 98.6% during the second quarter. Crewe Advisors LLC now owns 564 shares of the business services provider’s stock worth $31,000 after acquiring an additional 280 shares during the period. Meeder Asset Management Inc. boosted its position in Copart by 283.3% in the second quarter. Meeder Asset Management Inc. now owns 575 shares of the business services provider’s stock worth $31,000 after purchasing an additional 425 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Copart by 477.7% during the 2nd quarter. Versant Capital Management Inc now owns 595 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 492 shares during the last quarter. 85.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Robert W. Baird decreased their price objective on shares of Copart from $58.00 to $56.00 and set an “outperform” rating for the company in a report on Thursday, September 5th.

View Our Latest Stock Report on Copart

Copart Stock Up 1.5 %

NASDAQ CPRT opened at $50.23 on Monday. The company has a market cap of $48.34 billion, a PE ratio of 35.37 and a beta of 1.27. The firm’s 50-day simple moving average is $51.85 and its two-hundred day simple moving average is $53.80. Copart, Inc. has a 52 week low of $42.41 and a 52 week high of $58.58.

Copart (NASDAQ:CPRTGet Free Report) last issued its earnings results on Wednesday, September 4th. The business services provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03). The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Copart had a return on equity of 19.55% and a net margin of 32.17%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. As a group, equities research analysts anticipate that Copart, Inc. will post 1.54 EPS for the current year.

Copart Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CPRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Copart, Inc. (NASDAQ:CPRTFree Report).

Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

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