Redmond Asset Management LLC Stake in Copart INC (CPRT) Decreased

June 27, 2018 - By Sarah North

Copart, Inc. (NASDAQ:CPRT) Corporate LogoBig Money Sentiment decreased to 0.99 in 2018 Q1. It has change of 0.20, from 2017Q4’s 1.19. The ratio worsened due to CPRT positioning: 31 sold and 134 reduced. 51 funds bought stakes and 112 increased stakes. Investors holded 170.87 million in 2017Q4 but now own 172.82 million shares or 1.14% more. Qs Investors Limited Liability Corp has invested 0% of its capital in Copart, Inc. (NASDAQ:CPRT). Sheets Smith Wealth Mgmt owns 145,442 shs. Whittier Trust owns 0.11% invested in Copart, Inc. (NASDAQ:CPRT) for 64,190 shs. Moreover, Los Angeles Capital And Equity Research Incorporated has 0.35% invested in Copart, Inc. (NASDAQ:CPRT) for 1.21M shs. Earnest Partners Limited Liability Corp owns 46 shs for 0% of their capital. Wells Fargo And Co Mn reported 0.04% of its capital in Copart, Inc. (NASDAQ:CPRT). Boston Private Wealth Ltd Liability Corporation, Massachusetts-based fund reported 45,435 shs. Deutsche Bancshares Ag stated it has 421,237 shs. Texas-based Dimensional Fund Advsr Lp has invested 0.03% in Copart, Inc. (NASDAQ:CPRT). First Republic Investment Management has 0% invested in Copart, Inc. (NASDAQ:CPRT) for 10,111 shs. Moreover, Ameriprise Finance has 0.06% invested in Copart, Inc. (NASDAQ:CPRT). Torray Ltd Company has invested 0.15% of its capital in Copart, Inc. (NASDAQ:CPRT). Panagora Asset Mngmt Incorporated has 14,088 shs for 0% of their capital. Da Davidson & Com accumulated 16,943 shs or 0.02% of the stock. Ny State Teachers Retirement reported 0.04% in Copart, Inc. (NASDAQ:CPRT).

CPRT had 7 selling transactions and 0 insider buys since January 2, 2018. This’s net activity of $35.31 million. On Monday, June 18 Liaw Jeffrey sold $1.75M worth of Copart, Inc. (NASDAQ:CPRT). Another trade for 13,333 shs valued at $676,522 was sold by Blunt Matt. FRANKLIN WILLIAM E also sold $5.75M worth of Copart, Inc. (NASDAQ:CPRT) shs. $11.49M worth of Copart, Inc. (NASDAQ:CPRT) shs were sold by ADAIR A JAYSON. 140,000 Copart, Inc. (NASDAQ:CPRT) shs with value of $8.05 million were sold by TRYFOROS THOMAS N. On Tuesday, January 2 the insider Englander Daniel J sold $2.95M.

Redmond Asset Management Llc reduced its stake by 56.09% in Copart Inc (CPRT), according to 2018Q1 SEC filling. The company’s stock rose 15.62% while stock markets declined as Redmond Asset Management Llc sold 82,669 shares. The consumer durables company at the end of 2018Q1 was valued at $3.30 million. It’s down from 147,378 at the end of the previous reported quarter. Now it had 64,709 shares held by the institutional investor . For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

Earnings report for Copart, Inc. (NASDAQ:CPRT) is expected on September, 18., RTT reports. Last year’s EPS was $0.35, while now analysts expect change of 34.29 % up from current $0.47 EPS. In case of $0.47 EPS CPRT’s profit could hit $109.17M. -9.62 % negative EPS growth is what analysts predict. $0.52 EPS was reported for previous quarter.

A couple more Copart, Inc. (NASDAQ:CPRT) news were published by: Streetinsider.com which released on June 25, 2018 “Copart (CPRT) Set to Join S&P 500; Exelixis (EXEL) to Join S&P MidCap 400; Clarifications to S&P US Indices …”, also Benzinga.com on June 26, 2018 published “Benzinga’s Daily Biotech Pulse: Epidiolex, Roche’s Influenza Drug Gets Priority Review Status, Xeris Jumps On …”, the next Seekingalpha.com is “EXEL +5.4% on move to MidCap 400; CPRT to S&P 500” on June 25, 2018. Investorplace.com has article titled “Unloved Copart, Inc. Has Returned 30%-Plus YTD”.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

In total 6 analysts cover Copart (NASDAQ:CPRT). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. (NASDAQ:CPRT) has 50% bullish analysts. With $58 highest and $47.0 lowest PT, Copart has $53.40 average PT or -4.44% below the current ($55.88) price. 10 are the (NASDAQ:CPRT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, February 26 the stock has “Hold” rating by Jefferies. The stock rating was maintained by Stephens with “Buy” on Tuesday, February 27. On Tuesday, January 16 Stephens maintained Copart, Inc. (NASDAQ:CPRT) with “Hold” rating. On Monday, February 12 the stock of Copart, Inc. (NASDAQ:CPRT) has “Overweight” rating given by Stephens. On Wednesday, April 11 the firm has “Hold” rating by Barrington given. The stock rating was maintained by Robert W. Baird with “Buy” on Monday, February 26. On Friday, May 18 the rating was downgraded by Stephens to “Equal-Weight”.

Copart, Inc. (NASDAQ:CPRT) Institutional Investors Chart

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