Copart Inc. (CPRT) reported a rise in stock, despite a general dip in the market. However, its position was decreased by
Taikang Asset Management Hong Kong Co Ltd. Meanwhile,
Norges Bank made a new investment in the company, and
Congress Wealth Management LLC DE and
American Century Companies Inc. sold their shares.
Prudential Financial Inc and other asset management firms also trimmed their positions. CPRT stock declined while the general market improved. Shares were also bought by
NEOS Investment Management LLC,
AXQ Capital LP, and
KLP Kapitalforvaltning AS among others. However, shares were sold by entities such as
Quantbot Technologies LP and
TD Asset Management Inc. Copart is set to reveal its Q2 earnings soon. The company has shown strong revenue growth despite decreasing stock and margin pressures. It is reported that investing in CPRT five years ago would have resulted in significant gain. There were instances of insider selling, while prominent investors such as the
Vanguard Group Inc have increased their holdings. Despite some negatives, Wall Street analysts have been lifting their price targets for the stock.
Copart CPRT News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 29 Mar 2025 18:57:20 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -3