Today, the EVP of Copart, William E. Franklin, exercised options of Copart (NASDAQ: CPRT) for $5.3M.
Following William E. Franklin’s last CPRT Sell transaction on June 13, 2018, the stock climbed by 1.6%. In addition to William E. Franklin, 2 other CPRT executives reported Sell trades in the last month.
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Based on Copart’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $478 million and quarterly net profit of $127 million. In comparison, last year the company earned revenue of $374 million and had a net profit of $90.55 million. CPRT’s market cap is $13.78B and the company has a P/E ratio of 37.78. Currently, Copart has an average volume of 2.12M.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $56.50, reflecting a 3.4% upside.
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.
William E. Franklin’s trades have generated a -15.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
