Copart Director Sells $3,095,458 in Stock (CPRT)
Copart (NASDAQ:CPRT) Director James E. Meeks sold 85,723 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $36.11, for a total transaction of $3,095,457.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Copart (NASDAQ:CPRT) traded up 1.76% during mid-day trading on Thursday, hitting $36.34. 851,592 shares of the company’s stock traded hands. Copart has a 52 week low of $30.11 and a 52 week high of $37.54. The stock has a 50-day moving average of $36.14 and a 200-day moving average of $35.60. The company has a market cap of $4.571 billion and a P/E ratio of 27.68.
Copart (NASDAQ:CPRT) last issued its quarterly earnings data on Friday, May 30th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.01. The company had revenue of $309.70 million for the quarter, compared to the consensus estimate of $309.72 million. On average, analysts predict that Copart will post $1.55 earnings per share for the current fiscal year.
Copart, Inc (NASDAQ:CPRT) is a provider of online auctions and vehicle remarketing services in the United States, Canada and the United Kingdom.
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