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2 clusters · 2 sources · 28 days · First seen · Last updated

Categories: BUSINESS

Copart Inc. institutional stake increase

Entities: Copart Inc. · Waverly Advisors LLC · Edgestream Partners L.P.

Overview

The first snapshot on July 1 reported that Copart Inc. had seen an increase in institutional ownership, though it gave no specifics. By July 28, detailed filings showed that Edgestream Partners L.P. raised its holding by 39.6% to 342,469 shares (about $11.37 million) and Waverly Advisors LLC boosted its stake by 283.1% to 194,768 shares (roughly $6.47 million). Together, institutional investors now own roughly 85.8% of Copart’s outstanding stock. The company, listed on NASDAQ, posted first‑quarter earnings of $0.43 per share, beating expectations, with revenue of $1.24 billion and a market capitalization near $28 billion.

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Copart Inc. gains sizable stakes from Edgestream Partners and Waverly Advisors

    Edgestream Partners and Waverly Advisors increased their Q1 stakes in Copart Inc., together holding millions of shares as institutional investors own about 86% of the company.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Copart Inc. Institutional Stake Increases Reported

    Janery Montgomery Scott and several other investors increased their stakes in Copart Inc., while CEO Jeffrey Liaw sold 26,213 shares, reducing his holding by 24.8%.

Sources

mommygearest.com · stocknews.com