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Jain Global LLC Boosts Stock Holdings in Copart, Inc. $CPRT
Jain Global LLC significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 234.6% in the third quarter, bringing its total holdings to 182,437 shares valued at $8.204 million. Other institutional investors also adjusted their positions in the company, which recently reported Q3 earnings per share of $0.36, missing analyst estimates, and saw its CEO sell over 25,000 shares in January. Analysts have mixed ratings on Copart, with an average price target of $44.40.