Nomura Holdings Inc. Has $5.51 Million Stock Holdings in Copart, Inc. (NASDAQ:CPRT)

Nomura Holdings Inc. boosted its stake in shares of Copart, Inc. (NASDAQ:CPRT - Free Report) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,013 shares of the business services provider's stock after purchasing an additional 13,436 shares during the quarter. Nomura Holdings Inc.'s holdings in Copart were worth $5,510,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. HighPoint Advisor Group LLC raised its position in shares of Copart by 1.8% in the fourth quarter. HighPoint Advisor Group LLC now owns 9,747 shares of the business services provider's stock valued at $577,000 after purchasing an additional 175 shares during the period. Sandy Spring Bank raised its position in shares of Copart by 59.5% in the fourth quarter. Sandy Spring Bank now owns 472 shares of the business services provider's stock valued at $27,000 after purchasing an additional 176 shares during the period. Lindbrook Capital LLC raised its position in shares of Copart by 3.2% in the fourth 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 during the period. Everpar Advisors LLC raised its position in shares of Copart by 4.3% in the fourth quarter. Everpar Advisors LLC now owns 4,811 shares of the business services provider's stock valued at $276,000 after purchasing an additional 199 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Copart by 0.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 75,170 shares of the business services provider's stock valued at $4,314,000 after purchasing an additional 200 shares during the period. 85.78% of the stock is owned by institutional investors.

Insider Buying and Selling at Copart

In other Copart news, Director James E. Meeks sold 100,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $54.00, for a total value of $5,400,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Steven D. Cohan sold 5,003 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $60.01, for a total transaction of $300,230.03. The disclosure for this sale can be found here. Insiders have sold a total of 200,000 shares of company stock valued at $11,401,000 in the last ninety days. 9.68% of the stock is currently owned by company insiders.

Copart Stock Performance

NASDAQ:CPRT traded down $0.41 during mid-day trading on Monday, reaching $63.43. 5,970,005 shares of the company's stock were exchanged, compared to its average volume of 4,407,312. Copart, Inc. has a one year low of $48.05 and a one year high of $64.38. The firm has a market capitalization of $61.28 billion, a PE ratio of 42.57 and a beta of 1.20. The business's fifty day simple moving average is $58.19 and its two-hundred day simple moving average is $58.05.

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, topping analysts' consensus estimates of $0.38 by $0.02. Copart had a net margin of 32.27% and a return on equity of 19.31%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.13 billion. As a group, equities research analysts forecast that Copart, Inc. will post 1.57 EPS for the current year.

Analysts Set New Price Targets

Separately, Argus lowered shares of Copart from a "buy" rating to a "hold" rating in a research report 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.