It appears that
Copart, the American global provider of online vehicle auction and remarketing services, has seen significant activity in its shares. These range from insider selling, with a
director selling 100,000 shares amounting to
$5.4 million, and numerous investment companies trading shares. Whittier Trust Co., Cibc World Markets Corp, Wealthfront Advisers LLC, Nichola Company Inc., HighTower Advisors LLC, and others have seen several transactions with Copart. The company's
financial performance has been flagged, with earnings growth rate said to lag behind the 22% CAGR delivered to shareholders, and its Q4 results revealed a top-line growth but a contraction in the bottom line. This has led to debates on whether the market may be wrong about
Copart. Notwithstanding, Copart has seen a
revenue surge of 14%; strong Q1 revenue and global revenue growth have been highlighted, and investing in the company five years ago would have delivered a significant gain. However, some analysts cut the company's stock to 'Hold', and the question of whether Copart has stronger earning power has been raised.
Copart CPRT News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sun, 23 Mar 2025 00:18:04 GMT -
Rating -2
- Innovation 0
- Information 6
- Rumor -6
