Knightsbridge Asset Management LLC Stake in Copart INC (CPRT) Increased by $3.86 Million

October 13, 2017 - By Marry Poplack

Investors sentiment increased to 9.26 in 2017 Q2. Its up 8.06, from 1.2 in 2017Q1. It is positive, as 23 investors sold CPRT shares while 8 reduced holdings. 51 funds opened positions while 236 raised stakes. 337.64 million shares or 298.34% more from 84.76 million shares in 2017Q1 were reported. Moreover, New York State Teachers Retirement Systems has 0.03% invested in Copart, Inc. (NASDAQ:CPRT) for 395,236 shares. Capstone Advsrs Llc invested in 7,828 shares. Tiaa Cref Invest Mgmt Limited Liability Corp owns 1.89 million shares for 0.04% of their portfolio. Ghp Invest invested in 30,460 shares or 0.15% of the stock. Deutsche Bank Ag owns 460,064 shares. Qs Investors Limited Com invested 0% of its portfolio in Copart, Inc. (NASDAQ:CPRT). C M Bidwell Associate has invested 0.97% in Copart, Inc. (NASDAQ:CPRT). Timessquare Capital Mgmt Ltd Liability Co owns 0.37% invested in Copart, Inc. (NASDAQ:CPRT) for 1.82M shares. 19,435 are owned by Acadian Asset Ltd. Pinnacle Financial Prns Incorporated owns 542 shares for 0% of their portfolio. Syntal Partners Limited Liability Com holds 8,092 shares or 0.11% of its portfolio. Neuberger Berman Grp Limited Liability Company invested in 34,631 shares or 0% of the stock. Weybosset & Management Ltd Limited Liability Company holds 6.34% or 309,863 shares in its portfolio. Fifth Third State Bank reported 5,700 shares or 0% of all its holdings. Schwartz Inv Counsel invested 0.92% in Copart, Inc. (NASDAQ:CPRT).

Knightsbridge Asset Management Llc increased its stake in Copart Inc (CPRT) by 99.56% based on its latest 2017Q2 regulatory filing with the SEC. Knightsbridge Asset Management Llc bought 124,416 shares as the company’s stock declined 0.66% while stock markets rallied. The institutional investor held 249,382 shares of the consumer durables company at the end of 2017Q2, valued at $7.93 million, up from 124,966 at the end of the previous reported quarter. Knightsbridge Asset Management Llc who had been investing in Copart Inc for a number of months, seems to be bullish on the $8.38B market cap company. The stock rose 0.08% or $0.03 reaching $36.35 per share. About 971,118 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since October 13, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Knightsbridge Asset Management Llc, which manages about $398.58M and $131.15M US Long portfolio, decreased its stake in Blackrock Res & Comm Strat T (BCX) by 613,919 shares to 217,632 shares, valued at $1.74M in 2017Q2, according to the filing.

More news for Copart, Inc. (NASDAQ:CPRT) were recently published by: Prnewswire.com, which released: “Copart Announces Expansion of Its Reno, Nevada Location” on October 11, 2017. Nasdaq.com‘s article titled: “Copart Inc. Q4 Earnings Rise 20%” and published on September 19, 2017 is yet another important article.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 9 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Copart had 17 analyst reports since January 15, 2016 according to SRatingsIntel. Gabelli initiated the shares of CPRT in report on Tuesday, April 5 with “Hold” rating. The stock of Copart, Inc. (NASDAQ:CPRT) has “Buy” rating given on Friday, September 23 by Bank of America. The firm has “Neutral” rating given on Thursday, August 25 by Northcoast. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Neutral” rating by JP Morgan on Friday, May 27. Susquehanna initiated the stock with “Neutral” rating in Friday, August 26 report. Jefferies maintained the stock with “Hold” rating in Thursday, September 22 report. Jefferies maintained the stock with “Hold” rating in Wednesday, August 9 report. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Friday, May 27. Jefferies has “Hold” rating and $53 target. The firm has “Mkt Perform” rating given on Friday, September 23 by Barrington Research. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Neutral” rating by CL King on Thursday, February 25.

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