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Copart (CPRT) Downgraded By Stephens \u0026 Co. from Overweight; Salem Investment Counselors Has Raised Netflix (NFLX) Holding

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In a a note revealed to investors on 18 May, Stephens \u0026 Co. stated it was downgrading Copart (NASDAQ:CPRT) stock rating from a Overweight to a Equal-Weight.

Salem Investment Counselors Inc increased Netflix Inc (NFLX) stake by 10.35% reported in 2017Q4 SEC filing. Salem Investment Counselors Inc acquired 1,653 shares as Netflix Inc (NFLX)’s stock rose 58.31%. The Salem Investment Counselors Inc holds 17,620 shares with $3.38 million value, up from 15,967 last quarter. Netflix Inc now has $140.92B valuation. The stock decreased 0.32% or $1.04 during the last trading session, reaching $324.18. About 2.95 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since May 20, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $12.54 billion. 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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners. It has a 38.05 P/E ratio. The companyÂ’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.

Among 14 analysts covering Copart (NASDAQ:CPRT), 4 have Buy rating, 0 Sell and 10 Hold. Therefore 29% are positive. Copart has $63 highest and $33.0 lowest target. $52.67’s average target is -2.59% below currents $54.07 stock price. Copart had 32 analyst reports since January 15, 2016 according to SRatingsIntel. The company was upgraded on Thursday, February 25 by CL King. The company was maintained on Monday, February 26 by Robert W. Baird. Bank of America downgraded Copart, Inc. (NASDAQ:CPRT) on Monday, March 21 to “Neutral” rating. As per Friday, May 18, the company rating was downgraded by Stephens. Gabelli initiated Copart, Inc. (NASDAQ:CPRT) on Tuesday, April 5 with “Hold” rating. Jefferies maintained it with “Hold” rating and $3300 target in Friday, May 26 report. The company was maintained on Tuesday, January 16 by Stephens. On Friday, May 27 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Buy” rating on Tuesday, February 27 by Stephens. JP Morgan maintained it with “Neutral” rating and $50 target in Friday, May 27 report.

Since January 2, 2018, it had 0 insider purchases, and 2 selling transactions for $3.63 million activity. Blunt Matt sold $676,522 worth of Copart, Inc. (NASDAQ:CPRT) on Monday, March 12. Another trade for 68,004 shares valued at $2.95M was sold by Englander Daniel J.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.06, from 1.13 in 2017Q3. It improved, as 23 investors sold Copart, Inc. shares while 120 reduced holdings. 69 funds opened positions while 101 raised stakes. 170.87 million shares or 2.48% more from 166.73 million shares in 2017Q3 were reported. Bnp Paribas Asset Mngmt Holdg owns 25,927 shares. Whittier Tru reported 63,624 shares. 416,594 were accumulated by American International Gp. Citadel Limited Liability Corp accumulated 403,598 shares or 0.01% of the stock. Rafferty Asset Limited Liability Com holds 0.01% or 18,250 shares. Jlb Associates, a Michigan-based fund reported 321,659 shares. Janney Montgomery Scott Lc holds 47,180 shares or 0.02% of its portfolio. First Manhattan has 0% invested in Copart, Inc. (NASDAQ:CPRT) for 1,160 shares. Jfs Wealth Advisors Lc owns 140 shares for 0% of their portfolio. Liberty Mutual Grp Asset Mngmt reported 50,869 shares. Suntrust Banks, a Georgia-based fund reported 13,270 shares. Bancorp Of Montreal Can invested in 45,530 shares or 0% of the stock. Wells Fargo Mn reported 0.03% of its portfolio in Copart, Inc. (NASDAQ:CPRT). 10,547 were accumulated by Atlantic Tru Group Lc. Panagora Asset Mngmt has invested 0% in Copart, Inc. (NASDAQ:CPRT).

More recent Copart, Inc. (NASDAQ:CPRT) news were published by: Streetinsider.com which released: “Stephens Downgrades Copart (CPRT) to Equal Weight” on May 18, 2018. Also Nasdaq.com published the news titled: “Analysis: Positioning to Benefit within First BanCorp, CarMax, Darden Restaurants, Deere, GoDaddy, and Copart …” on May 09, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For May 18, 2018” with publication date: May 18, 2018 was also an interesting one.

The stock decreased 3.94% or $2.22 during the last trading session, reaching $54.07. About 2.01 million shares traded or 38.65% up from the average. Copart, Inc. (NASDAQ:CPRT) has risen 61.05% since May 20, 2017 and is uptrending. It has outperformed by 49.50% the S&P500.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on May, 23. They expect $0.48 earnings per share, up 29.73% or $0.11 from last year’s $0.37 per share. CPRT’s profit will be $111.36 million for 28.16 P/E if the $0.48 EPS becomes a reality. After $0.47 actual earnings per share reported by Copart, Inc. for the previous quarter, Wall Street now forecasts 2.13% EPS growth.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: “I Could Still Be Wrong About Netflix” on May 16, 2018, also Livetradingnews.com with their article: “Netflix, Inc. (NASDAQ:NFLX) Time to Take Profits?” published on May 18, 2018, Seekingalpha.com published: “Danger Zone: Investors Who Trust Wall Street” on May 08, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Finance.Yahoo.com and their article: “Monday’s Vital Data: Apple Inc. (AAPL), Micron Technology, Inc. (MU) and Netflix, Inc. (NFLX)” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Netflix: Still A Strong Buy” with publication date: May 02, 2018.

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix has $385 highest and $45.0 lowest target. $246.59’s average target is -23.93% below currents $324.18 stock price. Netflix had 261 analyst reports since August 4, 2015 according to SRatingsIntel. As per Monday, April 16, the company rating was maintained by Canaccord Genuity. Barclays Capital initiated Netflix, Inc. (NASDAQ:NFLX) rating on Thursday, January 11. Barclays Capital has “Buy” rating and $245.0 target. The stock has “Underperform” rating by Jefferies on Wednesday, July 6. The rating was maintained by Piper Jaffray on Wednesday, October 4 with “Buy”. As per Tuesday, August 4, the company rating was initiated by Guggenheim. Canaccord Genuity maintained the shares of NFLX in report on Monday, January 22 with “Buy” rating. The firm earned “Buy” rating on Wednesday, December 21 by Stifel Nicolaus. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Tuesday, January 23 by Guggenheim. Raymond James maintained the stock with “Buy” rating in Tuesday, April 10 report. The stock has “Neutral” rating by Goldman Sachs on Tuesday, October 18.

Since December 11, 2017, it had 0 insider buys, and 39 selling transactions for $159.56 million activity. On Tuesday, February 20 the insider HASTINGS REED sold $18.02 million. 10,000 shares valued at $3.10M were sold by BATTLE A GEORGE on Tuesday, May 1. Shares for $225,295 were sold by BARTON RICHARD N on Thursday, March 8. Peters Gregory K sold $2.13M worth of stock or 8,358 shares. Shares for $1.31 million were sold by FRIEDLAND JONATHAN. Shares for $191,200 were sold by WELLS DAVID B. $3.01 million worth of Netflix, Inc. (NASDAQ:NFLX) shares were sold by HOAG JAY C.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.19, from 1.12 in 2017Q3. It is positive, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Oppenheimer Com Inc has 51,129 shares for 0.25% of their portfolio. Exane Derivatives has 0.06% invested in Netflix, Inc. (NASDAQ:NFLX) for 1,952 shares. Carnegie Capital Asset Management Ltd Liability reported 936 shares or 0.02% of all its holdings. Moody National Bank Trust Division accumulated 2,905 shares or 0.03% of the stock. Abner Herrman Brock Ltd Co owns 20,350 shares. Bluestein R H & holds 2.07% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 207,528 shares. Winch Advisory Services Ltd reported 10,178 shares. Hillman holds 13.99% or 275,316 shares in its portfolio. Partner Fund Mngmt Lp has 0.67% invested in Netflix, Inc. (NASDAQ:NFLX) for 147,162 shares. Baldwin Brothers Inc Ma reported 280 shares stake. Sumitomo Mitsui has 1.28 million shares for 0.32% of their portfolio. Utah Retirement accumulated 76,324 shares. Stock Yards National Bank Trust Commerce reported 0.04% stake. Livingston Group Asset Management Co (Operating As Southport Management) owns 3,851 shares. Hartford Invest Management stated it has 90,367 shares.

Salem Investment Counselors Inc decreased Brighthouse Finl Inc stake by 26,747 shares to 45 valued at $3,000 in 2017Q4. It also reduced International Business Machs (NYSE:IBM) stake by 2,684 shares and now owns 22,615 shares. Ares Cap Corp (NASDAQ:ARCC) was reduced too.

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

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