Madison Investment Holdings Decreased Copart (CPRT) Position By $22.27 Million; Georgia Power Company Series 2017a 5.00% Junior SU (GPJA) Shorts Decreased By 48.29%

June 14, 2018 - By Adrian Mccoy

Copart, Inc. (NASDAQ:CPRT) Logo

Georgia Power Company Series 2017a 5.00% Junior SU (NYSE:GPJA) had a decrease of 48.29% in short interest. GPJA’s SI was 13,600 shares in June as released by FINRA. Its down 48.29% from 26,300 shares previously. With 33,000 avg volume, 0 days are for Georgia Power Company Series 2017a 5.00% Junior SU (NYSE:GPJA)’s short sellers to cover GPJA’s short positions. The stock increased 0.41% or $0.1 during the last trading session, reaching $24.7. About 23,889 shares traded or Infinity% up from the average. Georgia Power Company 5% JR SUB NT 77 (NYSE:GPJA) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Madison Investment Holdings Inc decreased Copart Inc (CPRT) stake by 20.22% reported in 2018Q1 SEC filing. Madison Investment Holdings Inc sold 445,407 shares as Copart Inc (CPRT)’s stock rose 15.62%. The Madison Investment Holdings Inc holds 1.76 million shares with $89.52 million value, down from 2.20M last quarter. Copart Inc now has $13.47 billion valuation. The stock increased 0.47% or $0.27 during the last trading session, reaching $57.97. About 860,093 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 72.72% since June 14, 2017 and is uptrending. It has outperformed by 60.15% the S&P500.

Madison Investment Holdings Inc increased Verizon Communications Inc (NYSE:VZ) stake by 7,044 shares to 411,740 valued at $19.69 million in 2018Q1. It also upped Liberty Broadband Corporation stake by 71,294 shares and now owns 627,830 shares. Cerner Corporation (NASDAQ:CERN) was raised too.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on September, 18. They expect $0.47 EPS, up 34.29% or $0.12 from last year’s $0.35 per share. CPRT’s profit will be $109.17M for 30.84 P/E if the $0.47 EPS becomes a reality. After $0.52 actual EPS reported by Copart, Inc. for the previous quarter, Wall Street now forecasts -9.62% negative EPS growth.

Among 14 analysts covering Copart (NASDAQ:CPRT), 4 have Buy rating, 0 Sell and 10 Hold. Therefore 29% are positive. Copart had 32 analyst reports since January 15, 2016 according to SRatingsIntel. As per Tuesday, January 16, the company rating was maintained by Stephens. The rating was maintained by Jefferies on Thursday, July 6 with “Hold”. JP Morgan maintained Copart, Inc. (NASDAQ:CPRT) on Friday, May 27 with “Neutral” rating. As per Wednesday, October 18, the company rating was maintained by Jefferies. The rating was maintained by Jefferies with “Hold” on Friday, May 26. The firm has “Hold” rating by Barrington given on Wednesday, April 11. The rating was downgraded by Northcoast to “Neutral” on Thursday, August 25. On Monday, February 26 the stock rating was maintained by Robert W. Baird with “Buy”. Jefferies maintained the shares of CPRT in report on Thursday, September 22 with “Hold” rating. The rating was maintained by Robert W. Baird with “Buy” on Wednesday, November 22.

Since January 2, 2018, it had 0 insider buys, and 2 insider sales for $3.63 million activity. Blunt Matt sold $676,522 worth of stock or 13,333 shares. The insider Englander Daniel J sold 68,004 shares worth $2.95 million.

Another recent and important Copart, Inc. (NASDAQ:CPRT) news was published by Seekingalpha.com which published an article titled: “Copart, Inc. (CPRT) Management on Q3 2018 Results – Earnings Call Transcript” on May 25, 2018.

Copart, Inc. (NASDAQ:CPRT) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>