Isaias Jose Calisto Sells 25,913 Shares of Karooooo (NASDAQ:KARO) Stock

Posted by Brian Himes on Jul 29th, 2026

Karooooo Ltd. (NASDAQ:KARO – Get Free Report) CEO Isaias Jose Calisto sold 25,913 shares of Karooooo stock in a transaction on Monday, July 27th. The stock was sold at an average price of $63.44, for a total value of $1,643,920.72. Following the sale, the chief executive officer owned 17,892,045 shares of the company’s stock, valued at approximately $1,135,071,334.80. This trade represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Isaias Jose Calisto also recently made the following trade(s):

On Tuesday, July 28th, Isaias Jose Calisto sold 22,036 shares of Karooooo stock. The shares were sold at an average price of $64.19, for a total transaction of $1,414,490.84.

Karooooo Trading Up 0.0%

Shares of NASDAQ KARO traded up $0.02 during mid-day trading on Wednesday, reaching $63.98. The company had a trading volume of 20,216 shares, compared to its average volume of 79,341. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 32.30 and a beta of 0.89. Karooooo Ltd. has a 52 week low of $41.25 and a 52 week high of $66.19. The business’s 50-day moving average is $52.41 and its 200-day moving average is $49.70. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.15.

Karooooo (NASDAQ:KARO – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.08. The company had revenue of $96.26 million during the quarter. Karooooo had a net margin of 17.74% and a return on equity of 32.03%. Equities analysts expect that Karooooo Ltd. will post 2.41 earnings per share for the current year.

Karooooo Increases Dividend

The company also recently declared an annual dividend, which was paid on Monday, July 27th. Stockholders of record on Friday, July 17th were given a dividend of $1.50 per share. This represents a dividend yield of 239.0%. The ex-dividend date of this dividend was Friday, July 17th. This is a positive change from Karooooo’s previous annual dividend of $1.25. Karooooo’s dividend payout ratio is currently 76.14%.

Institutional Trading of Karooooo

A number of institutional investors have recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in shares of Karooooo during the 4th quarter worth approximately $80,000. Royal Bank of Canada lifted its holdings in shares of Karooooo by 852.9% during the 4th quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock valued at $135,000 after purchasing an additional 2,644 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Karooooo during the 2nd quarter valued at $156,000. New York State Common Retirement Fund boosted its position in shares of Karooooo by 465.6% in the 2nd quarter. New York State Common Retirement Fund now owns 3,258 shares of the company’s stock worth $160,000 after purchasing an additional 2,682 shares in the last quarter. Finally, State of Tennessee Department of Treasury acquired a new stake in shares of Karooooo in the 2nd quarter worth $214,000.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Freedom Capital lowered shares of Karooooo from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Wall Street Zen cut shares of Karooooo from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Karooooo in a research note on Friday, April 24th. Raymond James Financial lifted their price objective on shares of Karooooo from $60.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, UBS Group reissued a “buy” rating and issued a $75.00 price objective on shares of Karooooo in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Karooooo currently has an average rating of “Buy” and an average target price of $73.50.

Read Our Latest Stock Analysis on KARO

About Karooooo

(Get Free Report)

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards.