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CenterBook Partners LP Sells 52,234 Shares of Copart, Inc. $CPRT
CenterBook Partners LP significantly reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 70.8% in Q3, selling over 52,000 shares. This comes amidst other institutional investor activity and notable insider selling by Director Thomas N. Tryforos and CEO Jeffrey Liaw. The company recently missed Q2 earnings estimates, reporting $0.36 EPS against an expected $0.39, with revenue down year-over-year, leading to analyst downgrades and a stock pullback.