Montag A & Associates Inc. Sells 226 Shares of Copart, Inc. (NASDAQ:CPRT)

Montag A & Associates Inc. trimmed its position in shares of Copart, Inc. (NASDAQ:CPRT) by 0.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 238,510 shares of the business services provider’s stock after selling 226 shares during the quarter. Montag A & Associates Inc.’s holdings in Copart were worth $12,918,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rise Advisors LLC bought a new position in Copart during the first quarter worth about $28,000. Pinnacle Bancorp Inc. grew its position in shares of Copart by 79.6% in the 1st quarter. Pinnacle Bancorp Inc. now owns 528 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 234 shares during the period. Crewe Advisors LLC increased its stake in Copart by 98.6% during the 2nd quarter. Crewe Advisors LLC now owns 564 shares of the business services provider’s stock worth $31,000 after purchasing an additional 280 shares in the last quarter. Versant Capital Management Inc increased its stake in Copart by 477.7% during the 2nd quarter. Versant Capital Management Inc now owns 595 shares of the business services provider’s stock worth $32,000 after purchasing an additional 492 shares in the last quarter. Finally, Indiana Trust & Investment Management CO acquired a new stake in Copart during the 1st quarter worth approximately $36,000. 85.78% of the stock is owned by institutional investors.

Copart Trading Up 1.1 %

Shares of CPRT stock traded up $0.56 during trading hours on Friday, hitting $52.96. 4,919,942 shares of the company were exchanged, compared to its average volume of 3,875,701. Copart, Inc. has a 52 week low of $42.41 and a 52 week high of $58.58. The business has a 50 day moving average of $52.60 and a two-hundred day moving average of $53.76. The company has a market capitalization of $50.96 billion, a PE ratio of 37.30 and a beta of 1.28.

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.