The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Copart, Inc shares valued at $5,400,000 were sold by MEEKS JAMES E on Mar 19 ’25. At $54.00 per share, MEEKS JAMES E sold 100,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, MEEKS JAMES E purchased 100,000 shares, netting a total of over 5,400,000 in proceeds.
Before that, MEEKS JAMES E had added 100,000 shares to its account. In a trade valued at $5,677,000, the Director bought Copart, Inc shares for $56.77 each.
As published in a research note from Argus on March 14, 2025, Copart, Inc [CPRT] has been rated down from a Buy to a Hold. As of December 04, 2023, HSBC Securities has initiated its “Hold” rating for CPRT. Earlier on September 08, 2023, Argus initiated its rating. Their recommendation was “a Buy” for CPRT stock.
Analyzing CPRT Stock Performance
During the last five days, there has been a surge of approximately 3.32%. Over the course of the year, Copart, Inc shares have dropped approximately -3.05%. Shares of the company reached a 52-week high of $60.07 on 02/13/25 and a 52-week low of $51.97 on 03/14/25. A 50-day SMA is recorded $56.29, while a 200-day SMA reached $54.96.
Support And Resistance Levels for Copart, Inc (CPRT)
According to the 24-hour chart, there is a support level at 54.67, which, if violated, would cause prices to drop to 53.71. In the upper region, resistance lies at 56.20. The next price resistance is at 56.76. RSI (Relative Strength Index) is 54.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.64, which suggests the price will increase in the coming days. Percent R is at 11.25%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
