Aberdeen Group plc has increased its stake in Copart, Inc. (NASDAQ:CPRT) by 14.2%, bringing its total holdings to 584,555 shares valued at approximately $26.29 million. Institutional investors collectively own 85.78% of the stock, with significant new positions from firms like Norges Bank and increased holdings by Vanguard Group Inc. Despite recent insider selling, analysts maintain a “Moderate Buy” rating for Copart, with an average target price of $47.60.
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Aberdeen Group plc Has $26.29 Million Stock Position in Copart, Inc. $CPRT
Aberdeen Group plc has increased its stake in Copart, Inc. (NASDAQ:CPRT) by 14.2%, bringing its total holdings to 584,555 shares valued at approximately $26.29 million. Institutional investors collectively own 85.78% of the stock, with significant new positions from firms like Norges Bank and increased holdings by Vanguard Group Inc. Despite recent insider selling, analysts maintain a “Moderate Buy” rating for Copart, with an average target price of $47.60.