In a filing, Copart, Inc revealed its Director MEEKS JAMES E acquired Company’s shares for reported $5.68 million on Feb 28 ’25. In the deal valued at $56.77 per share,100,000 shares were bought.
Then, Englander Daniel J sold 235,480 shares, generating $13,384,683 in total proceeds. Upon selling the shares at $56.84, the Director now owns 0 shares.
Before that, Englander Daniel J sold 84,520 shares. Copart, Inc shares valued at $4,826,092 were divested by the Director at a price of $57.10 per share. As a result of the transaction, Englander Daniel J now holds 0 shares, worth roughly $0.0.
Argus downgraded its Copart, Inc [CPRT] rating to a Hold from a a Buy in a research note published recently. HSBC Securities began covering CPRT with “Hold” recommendation on December 04, 2023. Argus started covering the stock on September 08, 2023. It rated CPRT as “a Buy”.
Price Performance Review of CPRT
On Monday, Copart, Inc [NASDAQ:CPRT] saw its stock jump 2.09% to $53.75. Over the last five days, the stock has gained 1.76%. Copart, Inc shares have fallen nearly -6.34% since the year began. Nevertheless, the stocks have fallen -4.44% over the past one year. While a 52-week high of $64.38 was reached on 02/13/25, a 52-week low of $48.05 was recorded on 03/14/25. SMA at 50 days reached $56.58, while 200 days put it at $54.90.
Levels Of Support And Resistance For CPRT Stock
The 24-hour chart illustrates a support level at 52.94, which if violated will result in even more drops to 52.13. On the upside, there is a resistance level at 54.20. A further resistance level may holdings at 54.65. The Relative Strength Index (RSI) on the 14-day chart is 38.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.77%. Stochastics %K at 16.24% indicates the stock is a buying.
How much short interest is there in Copart, Inc?
A steep rise in short interest was recorded in Copart, Inc stocks on 2025-02-28, growing by 0.29 million shares to a total of 10.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.56 million shares. There was a rise of 2.65%, which implies that there is a positive sentiment for the stock.
