Banque Cantonale Vaudoise Makes New $358,000 Investment in Copart, Inc. (NASDAQ:CPRT)

Banque Cantonale Vaudoise bought a new stake in Copart, Inc. (NASDAQ:CPRT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,605 shares of the business services provider’s stock, valued at approximately $358,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CPRT. Perpetual Ltd lifted its stake in Copart by 9.6% during the first quarter. Perpetual Ltd now owns 161,318 shares of the business services provider’s stock worth $9,344,000 after purchasing an additional 14,126 shares during the last quarter. Nordea Investment Management AB boosted its stake in Copart by 44.1% in the first quarter. Nordea Investment Management AB now owns 2,078,277 shares of the business services provider’s stock valued at $120,602,000 after buying an additional 636,438 shares in the last quarter. Baird Financial Group Inc. grew its position in Copart by 15.9% in the fourth quarter. Baird Financial Group Inc. now owns 2,922,176 shares of the business services provider’s stock valued at $143,187,000 after acquiring an additional 400,940 shares during the last quarter. Silvercrest Asset Management Group LLC raised its stake in Copart by 40.6% during the first quarter. Silvercrest Asset Management Group LLC now owns 37,962 shares of the business services provider’s stock worth $2,199,000 after acquiring an additional 10,959 shares in the last quarter. Finally, Motco lifted its holdings in shares of Copart by 6,085.7% in the first quarter. Motco now owns 10,392 shares of the business services provider’s stock worth $602,000 after acquiring an additional 10,224 shares during the last quarter. Institutional investors own 85.78% of the company’s stock.

Copart Trading Up 1.1 %

Shares of Copart stock opened at $52.96 on Tuesday. The firm’s 50 day moving average is $52.56 and its 200 day moving average is $53.81. The firm has a market capitalization of $50.96 billion, a PE ratio of 37.30 and a beta of 1.28. Copart, Inc. has a 1 year low of $42.41 and a 1 year high of $58.58.

About Copart

Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.