The EVP of Copart is Exercising Options


Today it was reported that the EVP of Copart (CPRT), William E. Franklin, exercised options to sell 140,000 CPRT shares at $10.28 a share, for a total transaction value of $8.18M.

Following William E. Franklin’s last CPRT Sell transaction on July 16, 2018, the stock climbed by 0.8%.

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Based on Copart’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $485 million and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $459 million and had a net profit of $103 million. CPRT’s market cap is $13.86B and the company has a P/E ratio of 29.77. Currently, Copart has an average volume of 1.77M.

The insider sentiment on Copart has been negative according to 11 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology.

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