Weybosset Research & Management Has Lowered Holding in Copart (CPRT) by $409,250; As Texas Instruments (TXN) Share Price Rose, Hugh Johnson Advisors Decreased Its Position

August 12, 2018 - By Jack Shaw

Copart, Inc. (NASDAQ:CPRT) Logo

Hugh Johnson Advisors Llc decreased its stake in Texas Instruments Inc (TXN) by 24.45% based on its latest 2018Q1 regulatory filing with the SEC. Hugh Johnson Advisors Llc sold 30,440 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 94,078 shares of the semiconductors company at the end of 2018Q1, valued at $9.77 million, down from 124,518 at the end of the previous reported quarter. Hugh Johnson Advisors Llc who had been investing in Texas Instruments Inc for a number of months, seems to be less bullish one the $107.03 billion market cap company. The stock decreased 3.72% or $4.25 during the last trading session, reaching $110.09. About 6.29M shares traded or 45.83% up from the average. Texas Instruments Incorporated (NASDAQ:TXN) has risen 38.09% since August 12, 2017 and is uptrending. It has outperformed by 25.52% the S&P500.

Weybosset Research & Management Llc decreased its stake in Copart Inc (CPRT) by 2.97% based on its latest 2018Q1 regulatory filing with the SEC. Weybosset Research & Management Llc sold 8,185 shares as the company’s stock rose 15.62% while stock markets declined. The institutional investor held 267,585 shares of the consumer durables company at the end of 2018Q1, valued at $13.63M, down from 275,770 at the end of the previous reported quarter. Weybosset Research & Management Llc who had been investing in Copart Inc for a number of months, seems to be less bullish one the $13.99 billion market cap company. The stock increased 0.38% or $0.23 during the last trading session, reaching $60.23. About 677,678 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 72.72% since August 12, 2017 and is uptrending. It has outperformed by 60.15% the S&P500.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on October, 23. They expect $1.53 earnings per share, up 21.43% or $0.27 from last year’s $1.26 per share. TXN’s profit will be $1.49 billion for 17.99 P/E if the $1.53 EPS becomes a reality. After $1.37 actual earnings per share reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 11.68% EPS growth.

Among 43 analysts covering Texas Instruments (NASDAQ:TXN), 22 have Buy rating, 3 Sell and 18 Hold. Therefore 51% are positive. Texas Instruments had 126 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, January 24 by Raymond James. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Hold” rating by Mizuho on Tuesday, July 25. The rating was upgraded by Longbow to “Buy” on Wednesday, July 11. The firm has “Neutral” rating by Nomura given on Wednesday, October 25. The rating was downgraded by Robert W. Baird to “Neutral” on Thursday, October 22. Stifel Nicolaus maintained it with “Hold” rating and $98 target in Wednesday, October 25 report. On Wednesday, July 26 the stock rating was maintained by B. Riley & Co with “Hold”. The stock has “Mkt Perform” rating by FBR Capital on Thursday, October 22. The firm earned “Market Perform” rating on Thursday, October 27 by Cowen & Co. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Buy” rating given on Wednesday, October 25 by Drexel Hamilton.

Since February 15, 2018, it had 0 insider buys, and 4 sales for $29.27 million activity. 102,595 Texas Instruments Incorporated (NASDAQ:TXN) shares with value of $11.30M were sold by ANDERSKOUV NIELS. $7.03M worth of stock was sold by Ilan Haviv on Thursday, May 10.

More news for Texas Instruments Incorporated (NASDAQ:TXN) were recently published by: Fool.com, which released: “Here’s What Made Texas Instruments Inc. Tick In the Second Quarter” on July 25, 2018. Nasdaq.com‘s article titled: “Texas Instruments CEO Resigns Over Personal Conduct Violations” and published on July 18, 2018 is yet another important article.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.11, from 1.01 in 2017Q4. It worsened, as 65 investors sold TXN shares while 408 reduced holdings. 119 funds opened positions while 308 raised stakes. 800.61 million shares or 0.62% less from 805.57 million shares in 2017Q4 were reported. Prudential Public Ltd Company holds 0.01% or 22,465 shares in its portfolio. Country Club Tru Na invested 0.03% in Texas Instruments Incorporated (NASDAQ:TXN). Lvw Lc reported 2,977 shares. Shaker Investments Ltd Liability Oh holds 2,800 shares or 0.18% of its portfolio. Tci Wealth Advsrs holds 1,092 shares or 0.05% of its portfolio. Wisconsin-based First Business Fincl Svcs has invested 0.15% in Texas Instruments Incorporated (NASDAQ:TXN). First Citizens Bankshares And Trust holds 25,622 shares or 0.36% of its portfolio. Raymond James Svcs invested in 157,991 shares. Carroll Fincl Incorporated accumulated 2,983 shares. Us State Bank De has invested 0.22% in Texas Instruments Incorporated (NASDAQ:TXN). Madison Investment accumulated 100,206 shares or 0.19% of the stock. Quantitative Systematic Strategies Ltd Liability Corp reported 11,802 shares. Gulf Commercial Bank (Uk) Ltd invested in 0.42% or 311,548 shares. The Louisiana-based Orleans Mngmt Corp La has invested 1.76% in Texas Instruments Incorporated (NASDAQ:TXN). Benin holds 4,655 shares or 0.22% of its portfolio.

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. On Wednesday, August 9 the stock rating was maintained by Jefferies with “Hold”. The stock of Copart, Inc. (NASDAQ:CPRT) has “Overweight” rating given on Monday, February 12 by Stephens. The stock of Copart, Inc. (NASDAQ:CPRT) has “Buy” rating given on Monday, February 26 by Robert W. Baird. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Thursday, September 22. Jefferies has “Hold” rating and $55 target. The company was maintained on Tuesday, October 31 by Robert W. Baird. The company was maintained on Tuesday, January 16 by Stephens. The company was maintained on Wednesday, November 22 by Robert W. Baird. The company was maintained on Thursday, September 21 by Robert W. Baird. CL King upgraded Copart, Inc. (NASDAQ:CPRT) on Thursday, February 25 to “Neutral” rating. On Friday, August 26 the stock rating was initiated by Susquehanna with “Neutral”.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on September, 18. They expect $0.47 earnings per share, up 34.29% or $0.12 from last year’s $0.35 per share. CPRT’s profit will be $109.17M for 32.04 P/E if the $0.47 EPS becomes a reality. After $0.52 actual earnings per share reported by Copart, Inc. for the previous quarter, Wall Street now forecasts -9.62% negative EPS growth.

Another recent and important Copart, Inc. (NASDAQ:CPRT) news was published by Globenewswire.com which published an article titled: “Detailed Research: Economic Perspectives on Retail Properties of America, Dominion Energy, GNC, Forum Energy …” on August 10, 2018.

Since March 12, 2018, it had 0 insider buys, and 6 insider sales for $32.36 million activity. 100,000 shares were sold by FRANKLIN WILLIAM E, worth $5.75M on Monday, June 11. Another trade for 30,000 shares valued at $1.75M was made by Liaw Jeffrey on Monday, June 18. ADAIR A JAYSON had sold 200,000 shares worth $11.49 million on Monday, June 11. COHAN STEVEN D also sold $4.64 million worth of Copart, Inc. (NASDAQ:CPRT) on Friday, June 15. The insider Blunt Matt sold $676,522.

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.20, from 1.19 in 2017Q4. It worsened, as 31 investors sold CPRT shares while 134 reduced holdings. 51 funds opened positions while 112 raised stakes. 172.82 million shares or 1.14% more from 170.87 million shares in 2017Q4 were reported. 26,387 are owned by Asset Management Incorporated. Cap Fund Management stated it has 60,468 shares. Tiaa Cref Mngmt Ltd Liability Company invested 0.05% in Copart, Inc. (NASDAQ:CPRT). Suntrust Banks has 0% invested in Copart, Inc. (NASDAQ:CPRT). Ancora Advisors Limited owns 7,825 shares. Riverhead Management Ltd Limited Liability Company holds 0.05% in Copart, Inc. (NASDAQ:CPRT) or 22,729 shares. Point72 Asia (Hong Kong) invested in 1,097 shares or 0.03% of the stock. New York-based Mutual Of America Cap Mgmt has invested 0.14% in Copart, Inc. (NASDAQ:CPRT). Alliancebernstein Lp accumulated 7.23M shares. Mason Street Advisors Ltd Com has 0.12% invested in Copart, Inc. (NASDAQ:CPRT). Citadel Advisors Ltd Limited Liability Company has invested 0.05% in Copart, Inc. (NASDAQ:CPRT). Panagora Asset Mngmt reported 14,088 shares or 0% of all its holdings. Da Davidson & Comm accumulated 16,943 shares. Gotham Asset Mgmt Limited Liability Co owns 46,546 shares. Quantum Capital Mgmt Limited Nj owns 226,413 shares or 3.3% of their US portfolio.

Texas Instruments Incorporated (NASDAQ:TXN) Institutional Positions Chart

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