Insider Selling: Copart SVP Unloads 33,509 Shares of Stock (CPRT)
Copart (NASDAQ:CPRT) SVP Robert H. Vannuccini sold 33,509 shares of Copart stock on the open market in a transaction dated Monday, June 9th. The stock was sold at an average price of $36.71, for a total transaction of $1,230,115.39. Following the completion of the transaction, the senior vice president now directly owns 2,339 shares in the company, valued at approximately $85,865. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Copart (NASDAQ:CPRT) traded down 0.27% on Tuesday, hitting $36.29. 148,985 shares of the company’s stock traded hands. Copart has a 1-year low of $30.11 and a 1-year high of $37.54. The stock’s 50-day moving average is $36.14 and its 200-day moving average is $35.. The company has a market cap of $4.565 billion and a P/E ratio of 28.21.
Copart (NASDAQ:CPRT) last released its earnings data on Friday, May 30th. The company reported $0.46 earnings per share for the quarter, missing the analysts’ 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. Analysts expect that Copart will post $1.55 EPS 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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