Alliancebernstein LP Lifted First Solar (FSLR) Position By $4.36 Million; Shorts at Copart (CPRT) Lowered By 4.74%

February 21, 2018 - By Ellis Scott

Alliancebernstein Lp increased First Solar Inc (FSLR) stake by 203.03% reported in 2017Q3 SEC filing. Alliancebernstein Lp acquired 96,983 shares as First Solar Inc (FSLR)’s stock rose 4.31%. The Alliancebernstein Lp holds 144,750 shares with $6.64M value, up from 47,767 last quarter. First Solar Inc now has $7.03 billion valuation. The stock increased 1.07% or $0.7111 during the last trading session, reaching $67.2911. About 925,490 shares traded. First Solar, Inc. (NASDAQ:FSLR) has declined 22.83% since February 21, 2017 and is downtrending. It has underperformed by 39.53% the S&P500.

Copart Inc (NASDAQ:CPRT) had a decrease of 4.74% in short interest. CPRT’s SI was 6.45 million shares in February as released by FINRA. Its down 4.74% from 6.77 million shares previously. With 906,400 avg volume, 7 days are for Copart Inc (NASDAQ:CPRT)’s short sellers to cover CPRT’s short positions. The SI to Copart Inc’s float is 3.2%. The stock increased 0.88% or $0.41 during the last trading session, reaching $47.24. About 1.20 million shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since February 21, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $10.93 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 36.94 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.

Since September 28, 2017, it had 0 buys, and 3 sales for $15.31 million activity. Another trade for 68,004 shares valued at $2.95M was sold by Englander Daniel J. MITZ VINCENT W also sold $6.86 million worth of Copart, Inc. (NASDAQ:CPRT) shares. The insider MEEKS JAMES E sold $5.49M.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 8.13, from 9.26 in 2017Q2. It turned negative, as 27 investors sold Copart, Inc. shares while 108 reduced holdings. 58 funds opened positions while 95 raised stakes. 166.73 million shares or 50.62% less from 337.64 million shares in 2017Q2 were reported. Swiss Comml Bank invested in 346,700 shares or 0.01% of the stock. Advisory Service Net Ltd Com has invested 0% in Copart, Inc. (NASDAQ:CPRT). Clearbridge Ltd Liability Corporation has invested 0.12% in Copart, Inc. (NASDAQ:CPRT). Us Commercial Bank De invested in 0.33% or 2.96 million shares. Yorktown Incorporated, a Virginia-based fund reported 9,400 shares. The Minnesota-based Thrivent Fin For Lutherans has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Horizon Kinetics Lc reported 0.07% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Guggenheim Cap Limited Liability Corp owns 321,631 shares. Bright Rock Mngmt Ltd Liability has invested 0.8% in Copart, Inc. (NASDAQ:CPRT). Advisors Asset Management Inc reported 23,040 shares. Paloma Prtnrs Mgmt reported 40,532 shares. Next Gp has invested 0% in Copart, Inc. (NASDAQ:CPRT). 31,631 are held by Hanseatic Mngmt. Parametric Associates Ltd Liability Co reported 351,046 shares stake. Aqr Management Ltd Com invested 0% of its portfolio in Copart, Inc. (NASDAQ:CPRT).

Among 11 analysts covering Copart (NASDAQ:CPRT), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Copart had 24 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Mkt Perform” rating by Barrington Research given on Friday, September 23. On Friday, September 23 the stock rating was upgraded by Bank of America to “Buy”. Jefferies maintained the stock with “Hold” rating in Thursday, July 6 report. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Wednesday, October 18. Jefferies has “Hold” rating and $33.0 target. The company was maintained on Tuesday, January 16 by Stephens. Robert W. Baird maintained Copart, Inc. (NASDAQ:CPRT) rating on Wednesday, November 22. Robert W. Baird has “Buy” rating and $44.0 target. The rating was maintained by JP Morgan with “Neutral” on Friday, May 27. Jefferies initiated Copart, Inc. (NASDAQ:CPRT) on Friday, January 15 with “Hold” rating. Jefferies maintained the shares of CPRT in report on Thursday, September 22 with “Hold” rating. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Overweight” rating by Stephens on Monday, February 12.

Alliancebernstein Lp decreased Supernus Pharmaceuticals Inc (NASDAQ:SUPN) stake by 19,530 shares to 113,210 valued at $4.53M in 2017Q3. It also reduced Oracle Corp (NYSE:ORCL) stake by 1.53M shares and now owns 21.54 million shares. Exxon Mobil Corp (NYSE:XOM) was reduced too.

Since December 18, 2017, it had 0 insider purchases, and 2 sales for $1.83 million activity. On Thursday, January 4 the insider DeJong Philip sold $1.04M. Shares for $790,580 were sold by Garabedian Raffi.

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