Fiera Capital Corp increased its stake in Copart, Inc. (NASDAQ:CPRT) by 25.4% during the third quarter, acquiring an additional 1,776,968 shares. This makes Copart the firm’s 24th largest position, representing about 1.3% of its portfolio. Despite Fiera Capital’s increased confidence, Copart recently missed earnings and revenue expectations, and company insiders have been selling shares.
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Fiera Capital Corp Buys 1,776,968 Shares of Copart, Inc. $CPRT
Fiera Capital Corp increased its stake in Copart, Inc. (NASDAQ:CPRT) by 25.4% during the third quarter, acquiring an additional 1,776,968 shares. This makes Copart the firm’s 24th largest position, representing about 1.3% of its portfolio. Despite Fiera Capital’s increased confidence, Copart recently missed earnings and revenue expectations, and company insiders have been selling shares.