Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Copart, Inc shares valued at $5,677,000 were purchased by MEEKS JAMES E on Feb 28 ’25. At $56.77 per share, MEEKS JAMES E acquired 100,000 shares.
Also, Englander Daniel J sold 235,480 shares, netting a total of over 13,384,683 in proceeds. Following the sale of shares at $56.84 each, the insider now holds 0 shares.
Before that, Englander Daniel J had sold 84,520 shares from its account. In a trade valued at $4,826,092, the Director traded Copart, Inc shares for $57.10 each. Upon closing the transaction, the insider’s holdings decreased to 84,520 shares, worth approximately $0.0.
Analysts at HSBC Securities started covering the stock with ‘”a Hold”‘ outlook in a report released in early December. As of September 08, 2023, Argus has initiated its “Buy” rating for CPRT. Earlier on May 01, 2023, Northcoast downgraded its rating. Their new recommendation was “a Neutral” for CPRT stock which previously was a “a Buy”.
Analyzing CPRT Stock Performance
During the last five days, there has been a drop of approximately -2.72%. Over the course of the year, Copart, Inc shares have dropped approximately -6.38%. Shares of the company reached a 52-week high of $60.07 on 02/13/25 and a 52-week low of $53.31 on 03/06/25. A 50-day SMA is recorded $57.34, while a 200-day SMA reached $54.94.
Support And Resistance Levels for Copart, Inc (CPRT)
According to the 24-hour chart, there is a support level at 53.21, which, if violated, would cause prices to drop to 52.68. In the upper region, resistance lies at 54.36. The next price resistance is at 54.98. RSI (Relative Strength Index) is 27.11 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.32, which suggests the price will decrease in the coming days. Percent R is at 93.75%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
