Chicago Equity Partners LLC raised its stake in shares of Copart, Inc. (NASDAQ:CPRT) by 100.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,360 shares of the business services provider’s stock after purchasing an additional 3,680 shares during the period. Chicago Equity Partners LLC’s holdings in Copart were worth $234,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Winslow Evans & Crocker Inc. bought a new position in Copart during the 2nd quarter worth $100,000. Suntrust Banks Inc. bought a new position in Copart during the 1st quarter worth $207,000. Daiwa Securities Group Inc. bought a new position in Copart during the 1st quarter worth $235,000. BlueCrest Capital Management Ltd bought a new position in Copart during the 1st quarter worth $254,000. Finally, RGT Capital Management Ltd. bought a new position in Copart during the 1st quarter worth $266,000. 79.78% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on CPRT. Zacks Investment Research lowered Copart from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $33.00 target price on shares of Copart in a research report on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Copart presently has an average rating of “Hold” and an average price target of $47.75.

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Shares of Copart, Inc. (NASDAQ CPRT) opened at 32.46 on Friday. The firm’s 50-day moving average price is $31.86 and its 200-day moving average price is $37.73. Copart, Inc. has a one year low of $24.71 and a one year high of $33.10. The firm has a market capitalization of $7.48 billion, a P/E ratio of 18.73 and a beta of 1.19.

Copart Company Profile

Copart, Inc (Copart) is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The Company also provides vehicle remarketing services in Germany. The Company operates through two segments: United States and International.

Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

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