Capital International Inc. CA Has $12.23 Million Holdings in Copart, Inc. (NASDAQ:CPRT)

Capital International Inc. CA trimmed its holdings in shares of Copart, Inc. (NASDAQ:CPRT - Free Report) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 213,030 shares of the business services provider's stock after selling 5,772 shares during the period. Capital International Inc. CA's holdings in Copart were worth $12,226,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. HighPoint Advisor Group LLC raised its stake in shares of Copart by 1.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 9,747 shares of the business services provider's stock worth $577,000 after buying an additional 175 shares in the last quarter. Sandy Spring Bank lifted its holdings in Copart by 59.5% in the 4th quarter. Sandy Spring Bank now owns 472 shares of the business services provider's stock valued at $27,000 after acquiring an additional 176 shares during the last quarter. Lindbrook Capital LLC boosted its position in shares of Copart by 3.2% during the 4th quarter. Lindbrook Capital LLC now owns 6,007 shares of the business services provider's stock valued at $345,000 after purchasing an additional 184 shares in the last quarter. Everpar Advisors LLC grew its stake in shares of Copart by 4.3% in the 4th quarter. Everpar Advisors LLC now owns 4,811 shares of the business services provider's stock worth $276,000 after purchasing an additional 199 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of Copart by 0.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 75,170 shares of the business services provider's stock worth $4,314,000 after purchasing an additional 200 shares in the last quarter. 85.78% of the stock is currently owned by institutional investors.

Copart Trading Down 2.1 %

NASDAQ:CPRT traded down $1.32 during trading hours on Friday, hitting $60.65. 1,515,394 shares of the stock traded hands, compared to its average volume of 4,404,084. The firm has a market cap of $58.60 billion, a price-to-earnings ratio of 40.77 and a beta of 1.22. The firm has a 50 day moving average price of $56.31 and a 200 day moving average price of $57.09. Copart, Inc. has a fifty-two week low of $48.05 and a fifty-two week high of $64.38.

Copart (NASDAQ:CPRT - Get Free Report) last released its earnings results on Thursday, February 20th. The business services provider reported $0.40 earnings per share for the quarter, beating 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 company had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.13 billion. Research analysts predict that Copart, Inc. will post 1.57 EPS for the current year.

Analysts Set New Price Targets

Separately, Argus cut Copart from a "buy" rating to a "hold" rating in a report on Friday, March 14th.

Insider Buying and Selling

In other news, Director James E. Meeks sold 100,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $54.00, for a total value of $5,400,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven D. Cohan sold 5,003 shares of the firm's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $60.01, for a total value of $300,230.03. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 200,000 shares of company stock worth $11,401,000. Insiders own 9.68% of the company's stock.

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.