Were Analysts Bullish Copart, Inc. (NASDAQ:CPRT) This Week?

January 19, 2018 - By Winifred Garcia

 Were Analysts Bullish Copart, Inc. (NASDAQ:CPRT) This Week?
Investors sentiment decreased to 1.13 in Q3 2017. Its down 8.13, from 9.26 in 2017Q2. It turned negative, as 27 investors sold Copart, Inc. shares while 108 reduced holdings. 58 funds opened positions while 95 raised stakes. 166.73 million shares or 50.62% less from 337.64 million shares in 2017Q2 were reported.
Stevens Capital Mngmt Ltd Partnership holds 117,520 shares or 0.15% of its portfolio. Liberty Mutual Group Asset accumulated 0.13% or 67,101 shares. Paradigm Asset Mgmt Co Ltd Co holds 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 750 shares. Midas Mngmt stated it has 98,526 shares. Qs Invsts Limited Liability Corp invested 0% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Crow Point Partners Ltd Co reported 0.03% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Point72 Asia (Hong Kong) reported 395 shares. Nuveen Asset Mngmt Ltd Liability Company owns 10,726 shares or 0% of their US portfolio. Teacher Retirement System Of Texas has 0% invested in Copart, Inc. (NASDAQ:CPRT) for 17,097 shares. Janney Montgomery Scott Limited Liability reported 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Royal Bankshares Of Canada invested in 778,673 shares or 0.01% of the stock. Foundation Asset Management L P holds 7.65% or 714,530 shares in its portfolio. Montag A & owns 76,485 shares or 0.28% of their US portfolio. Louisiana State Employees Retirement, Louisiana-based fund reported 53,500 shares. State Street has 5.35 million shares for 0.02% of their portfolio.

Since September 28, 2017, it had 0 insider buys, and 3 selling transactions for $15.31 million activity. MITZ VINCENT W sold $6.86 million worth of stock or 200,000 shares. $2.95 million worth of stock was sold by Englander Daniel J on Tuesday, January 2.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 11 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Copart had 23 analyst reports since January 15, 2016 according to SRatingsIntel. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Hold” rating by Jefferies on Friday, May 26. On Friday, May 27 the stock rating was maintained by Jefferies with “Hold”. Bank of America upgraded Copart, Inc. (NASDAQ:CPRT) rating on Friday, September 23. Bank of America has “Buy” rating and $63 target. Northcoast downgraded Copart, Inc. (NASDAQ:CPRT) on Thursday, August 25 to “Neutral” rating. The company was maintained on Wednesday, August 9 by Jefferies. Jefferies initiated the stock with “Hold” rating in Friday, January 15 report. The rating was initiated by Susquehanna on Friday, August 26 with “Neutral”. On Thursday, July 6 the stock rating was maintained by Jefferies with “Hold”. Robert W. Baird maintained it with “Buy” rating and $44.0 target in Wednesday, November 22 report. The firm has “Outperform” rating given on Thursday, September 21 by Robert W. Baird. Below is a list of Copart, Inc. (NASDAQ:CPRT) latest ratings and price target changes.

16/01/2018 Broker: Stephens Rating: Hold New Target: $49.0 Maintain
22/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $46.0 Maintain
24/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $41.0
22/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $44.0 Maintain
31/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $37.0 Maintain
18/10/2017 Broker: Jefferies Rating: Hold New Target: $33.0 Maintain
21/09/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $33 New Target: $37 Maintain
11/09/2017 Broker: Jefferies Rating: Hold New Target: $33.0 Maintain
09/08/2017 Broker: Jefferies Rating: Hold New Target: $33.0000 Maintain

The stock increased 0.61% or $0.27 during the last trading session, reaching $44.6. About 666,993 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since January 19, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $10.32 billion. 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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners. It has a 34.87 P/E ratio. The companyÂ’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.

More recent Copart, Inc. (NASDAQ:CPRT) news were published by: Prnewswire.com which released: “San Antonio’s Safe Tire Disposal Site to Be Cleared, Repurposed by New Owner …” on January 09, 2018. Also Seekingalpha.com published the news titled: “Copart: More Upside On The Way After Q1 2018 Blowout” on December 28, 2017. Bizjournals.com‘s news article titled: “South Side junk site to be cleared after years of complaints” with publication date: January 05, 2018 was also an interesting one.

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