OneDigital Investment Advisors LLC Has $1.01 Million Stock Position in Copart, Inc. (NASDAQ:CPRT)

OneDigital Investment Advisors LLC raised its stake in Copart, Inc. (NASDAQ:CPRT) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,298 shares of the business services provider’s stock after acquiring an additional 337 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Copart were worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Cadence Bank boosted its holdings in Copart by 0.6% in the first quarter. Cadence Bank now owns 31,371 shares of the business services provider’s stock valued at $1,817,000 after acquiring an additional 187 shares during the last quarter. WASHINGTON TRUST Co boosted its stake in shares of Copart by 0.3% in the 2nd quarter. WASHINGTON TRUST Co now owns 61,852 shares of the business services provider’s stock valued at $3,350,000 after purchasing an additional 200 shares during the last quarter. Spinnaker Trust grew its position in shares of Copart by 4.0% during the 2nd quarter. Spinnaker Trust now owns 5,222 shares of the business services provider’s stock worth $283,000 after buying an additional 200 shares during the period. Values First Advisors Inc. raised its stake in shares of Copart by 2.9% during the second quarter. Values First Advisors Inc. now owns 7,098 shares of the business services provider’s stock worth $384,000 after buying an additional 201 shares during the last quarter. Finally, Duncan Williams Asset Management LLC lifted its holdings in Copart by 1.3% in the third quarter. Duncan Williams Asset Management LLC now owns 15,437 shares of the business services provider’s stock valued at $809,000 after buying an additional 203 shares during the period. 85.78% of the stock is owned by institutional investors.

Copart Trading Down 0.1 %

Copart stock opened at $56.63 on Tuesday. The firm has a market capitalization of $54.56 billion, a P/E ratio of 40.74 and a beta of 1.27. The business has a 50-day moving average of $53.13 and a 200-day moving average of $53.11. Copart, Inc. has a 1 year low of $46.21 and a 1 year high of $58.58.

Copart (NASDAQ:CPRT) last issued its quarterly earnings data on Wednesday, September 4th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Copart had a net margin of 32.17% and a return on equity of 19.55%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. Research analysts anticipate that Copart, Inc. will post 1.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird dropped their target price on shares of Copart from $58.00 to $56.00 and set an “outperform” rating for the company in a research report on Thursday, September 5th.

Copart Profile

Copart, Inc provides online auctions and vehicle remarketing services. 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 on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.