Signaturefd LLC Lowers Holdings in Copart, Inc. (NASDAQ:CPRT)

Signaturefd LLC reduced its position in shares of Copart, Inc. (NASDAQ:CPRT) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,410 shares of the business services provider’s stock after selling 421 shares during the quarter. Signaturefd LLC’s holdings in Copart were worth $889,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CPRT. Rise Advisors LLC purchased a new stake in shares of Copart in the 1st quarter worth approximately $28,000. Pinnacle Bancorp Inc. lifted its holdings in Copart by 79.6% during the first quarter. Pinnacle Bancorp Inc. now owns 528 shares of the business services provider’s stock worth $31,000 after buying an additional 234 shares during the period. Crewe Advisors LLC boosted its position in Copart by 98.6% during the 2nd quarter. Crewe Advisors LLC now owns 564 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 280 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Copart by 477.7% in the 2nd quarter. Versant Capital Management Inc now owns 595 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 492 shares during the period. Finally, Indiana Trust & Investment Management CO bought a new position in shares of Copart in the 1st quarter worth $36,000. 85.78% of the stock is owned by institutional investors.

Copart Stock Performance

CPRT stock traded up $0.56 during trading on Friday, reaching $52.96. 4,919,898 shares of the company traded hands, compared to its average volume of 4,409,407. The business has a 50 day simple moving average of $52.60 and a 200 day simple moving average of $53.72. Copart, Inc. has a 12 month low of $42.41 and a 12 month high of $58.58. The company has a market capitalization of $50.96 billion, a price-to-earnings ratio of 37.30 and a beta of 1.28.

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.