Knightsbridge Asset Management LLC Has Increased Its Copart INC (CPRT) Holding

October 13, 2017 - By Maria Brooks

Investors sentiment increased to 9.26 in 2017 Q2. Its up 8.06, from 1.2 in 2017Q1. It improved, 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. Quantum Limited Liability Company Nj owns 2.36% invested in Copart, Inc. (NASDAQ:CPRT) for 243,206 shares. Peak6 Investments LP reported 5,831 shares stake. Assetmark reported 0% stake. Stephens Inc Ar owns 13,534 shares. Carroll Financial Assoc Inc has 146 shares. Solaris Asset Mngmt Ltd Limited Liability Company accumulated 1,350 shares. Madison invested in 1.34% or 2.28M shares. Dekabank Deutsche Girozentrale, Germany-based fund reported 81,218 shares. 101,300 were accumulated by Schroder Mngmt Grp Incorporated. Vanguard has 0.03% invested in Copart, Inc. (NASDAQ:CPRT) for 16.18M shares. Hanson Mcclain Inc stated it has 2,840 shares or 0.01% of all its holdings. State Street owns 0.02% invested in Copart, Inc. (NASDAQ:CPRT) for 5.37 million shares. Aperio Grp Ltd Liability Corporation invested in 0.02% or 113,214 shares. Citadel Advisors Lc reported 1.75M shares. Swiss Bancorp holds 343,800 shares or 0.01% of its portfolio.

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 $8.38 billion 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 $398.58 million 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: Nasdaq.com, which released: “Copart Inc. Q4 Earnings Rise 20%” on September 19, 2017. Prnewswire.com‘s article titled: “Copart Announces Expansion of Its Reno, Nevada Location” and published on October 11, 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. The rating was initiated by Jefferies with “Hold” on Friday, January 15. Northcoast downgraded the shares of CPRT in report on Thursday, August 25 to “Neutral” rating. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Friday, May 27. Jefferies has “Hold” rating and $53 target. On Wednesday, August 9 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Monday, September 11. Jefferies has “Hold” rating and $33.0 target. The stock of Copart, Inc. (NASDAQ:CPRT) has “Hold” rating given on Monday, January 18 by Jefferies. The company was maintained on Thursday, July 6 by Jefferies. JP Morgan maintained the shares of CPRT in report on Friday, May 27 with “Neutral” rating. The stock of Copart, Inc. (NASDAQ:CPRT) has “Neutral” rating given on Thursday, February 25 by CL King. Bank of America upgraded the shares of CPRT in report on Friday, September 23 to “Buy” rating.

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