London Co. of Virginia Has $210.78 Million Holdings in Copart, Inc. (NASDAQ:CPRT)

London Co. of Virginia lessened its stake in shares of Copart, Inc. (NASDAQ:CPRT - Free Report) by 0.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,672,692 shares of the business services provider's stock after selling 20,764 shares during the period. London Co. of Virginia owned about 0.38% of Copart worth $210,776,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Mn Services Vermogensbeheer B.V. increased its position 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 buying an additional 8,300 shares during the last quarter. National Pension Service increased its holdings in shares of Copart by 3.2% during the 4th quarter. National Pension Service now owns 1,558,067 shares of the business services provider's stock worth $89,417,000 after acquiring an additional 48,334 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in Copart by 289.6% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 34,322 shares of the business services provider's stock valued at $1,970,000 after acquiring an additional 25,512 shares during the period. Tsai Capital Corp lifted its holdings in Copart by 13.3% during the 4th quarter. Tsai Capital Corp now owns 61,689 shares of the business services provider's stock valued at $3,540,000 after purchasing an additional 7,230 shares during the last quarter. Finally, Kieckhefer Group LLC bought a new position in Copart during the fourth quarter worth $3,962,000. 85.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Copart Price Performance

NASDAQ CPRT traded up $0.55 on Thursday, reaching $62.97. The stock had a trading volume of 4,601,456 shares, compared to its average volume of 4,410,777. The company has a market cap of $60.83 billion, a P/E ratio of 42.26 and a beta of 1.20. The firm has a fifty day moving average of $57.77 and a two-hundred day moving average of $57.81. Copart, Inc. has a 1-year low of $48.05 and a 1-year 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 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. Copart had a net margin of 32.27% and a return on equity of 19.31%. Research analysts predict that Copart, Inc. will post 1.57 EPS for the current fiscal year.

Insider Transactions at Copart

In other news, Director Steven D. Cohan sold 5,003 shares of the company's stock in a transaction on Friday, April 11th. The stock was sold at an average price of $60.01, for a total transaction of $300,230.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James E. Meeks sold 100,000 shares of the firm's stock in a transaction 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. Over the last ninety days, insiders have sold 200,000 shares of company stock valued at $11,401,000. 9.68% of the stock is currently owned by company insiders.

Copart Company 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.