Karooooo (NASDAQ:KARO) CEO Isaias Jose Calisto Sells 25,594 Shares

Posted by Francis Steltz on Aug 7th, 2026

Karooooo Ltd. (NASDAQ:KARO – Get Free Report) CEO Isaias Jose Calisto sold 25,594 shares of Karooooo stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $64.60, for a total value of $1,653,372.40. Following the sale, the chief executive officer directly owned 17,748,019 shares in the company, valued at $1,146,522,027.40. The trade was a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

On Wednesday, August 5th, Isaias Jose Calisto sold 33,833 shares of Karooooo stock. The stock was sold at an average price of $66.14, for a total value of $2,237,714.62.
On Monday, August 3rd, Isaias Jose Calisto sold 20,417 shares of Karooooo stock. The stock was sold at an average price of $64.51, for a total value of $1,317,100.67.
On Friday, July 31st, Isaias Jose Calisto sold 25,452 shares of Karooooo stock. The shares were sold at an average price of $64.65, for a total value of $1,645,471.80.
On Thursday, July 30th, Isaias Jose Calisto sold 18,630 shares of Karooooo stock. The shares were sold at an average price of $63.47, for a total value of $1,182,446.10.
On Wednesday, July 29th, Isaias Jose Calisto sold 31,897 shares of Karooooo stock. The shares were sold at an average price of $64.43, for a total value of $2,055,123.71.
On Tuesday, July 28th, Isaias Jose Calisto sold 22,036 shares of Karooooo stock. The stock was sold at an average price of $64.19, for a total value of $1,414,490.84.
On Monday, July 27th, Isaias Jose Calisto sold 25,913 shares of Karooooo stock. The shares were sold at an average price of $63.44, for a total value of $1,643,920.72.

Karooooo Stock Down 3.4%

Shares of NASDAQ KARO opened at $63.65 on Friday. Karooooo Ltd. has a 52-week low of $41.25 and a 52-week high of $67.14. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.01 and a current ratio of 1.02. The business has a fifty day moving average of $54.80 and a two-hundred day moving average of $50.62. The stock has a market cap of $1.97 billion, a PE ratio of 32.31 and a beta of 0.85.

Karooooo (NASDAQ:KARO – Get Free Report) last posted its earnings results on Thursday, July 16th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.08. The business had revenue of $96.26 million for the quarter. Karooooo had a net margin of 17.74% and a return on equity of 32.03%. As a group, equities research analysts expect that Karooooo Ltd. will post 2.41 earnings per share for the current fiscal year.

Karooooo Increases Dividend

The company also recently declared an annual dividend, which was paid on Monday, July 27th. Shareholders of record on Friday, July 17th were given a $1.50 dividend. This represents a yield of 239.0%. This is a boost from Karooooo’s previous annual dividend of $1.25. The ex-dividend date was Friday, July 17th. Karooooo’s dividend payout ratio (DPR) is presently 76.14%.

Key Headlines Impacting Karooooo

Here are the key news stories impacting Karooooo this week:

Positive Sentiment: Karooooo’s latest quarterly results showed adjusted strength: EPS of $0.59 exceeded the $0.51 consensus estimate, while revenue reached $96.26 million. Analysts expect approximately $2.41 in full-year EPS, supporting the company’s premium valuation. Karooooo stock and earnings information
Positive Sentiment: The company raised its annual dividend to $1.50 from $1.25. Although the payout ratio is relatively high, the increase may reinforce investor confidence in Karooooo’s cash generation and shareholder returns.
Positive Sentiment: Analyst sentiment remains favorable. The consensus rating is “Buy,” with an average price target of $73.50, above recent trading levels. Roth Capital, Needham and UBS have maintained or issued buy ratings with targets ranging from $70 to $75.
Neutral Sentiment: Three AAII articles compare Karooooo with Appian, Adeia and ACI Worldwide as potential investments. These are comparative screening pieces rather than company-specific developments, so they may have limited immediate impact on KARO. Appian versus Karooooo comparison Adeia versus Karooooo comparison ACI Worldwide versus Karooooo comparison
Negative Sentiment: CEO Isaias Jose Calisto sold a combined 79,944 shares on August 4 and 5 for approximately $3.89 million, following additional sales on August 3 and in late July. The transactions reduced his ownership only marginally—less than 0.2% in each reported sale—but the repeated insider selling near the stock’s highs can raise concerns about valuation or near-term upside.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating and set a $74.00 price objective on shares of Karooooo in a report on Friday, July 17th. Raymond James Financial boosted their target price on Karooooo from $60.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Needham & Company LLC increased their price target on Karooooo from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. UBS Group reaffirmed a “buy” rating and set a $75.00 price target on shares of Karooooo in a report on Thursday, July 16th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Karooooo in a research report on Friday, April 24th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Karooooo has an average rating of “Moderate Buy” and a consensus target price of $73.50.

View Our Latest Research Report on Karooooo

Institutional Investors Weigh In On Karooooo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its stake in shares of Karooooo by 56.6% in the second quarter. Geode Capital Management LLC now owns 29,892 shares of the company’s stock worth $1,464,000 after acquiring an additional 10,799 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Karooooo by 216.0% during the second quarter. JPMorgan Chase & Co. now owns 8,089 shares of the company’s stock valued at $396,000 after purchasing an additional 5,529 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Karooooo during the second quarter valued at approximately $1,378,000. New York State Common Retirement Fund grew its stake in shares of Karooooo by 465.6% during the second quarter. New York State Common Retirement Fund now owns 3,258 shares of the company’s stock valued at $160,000 after purchasing an additional 2,682 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Karooooo in the second quarter valued at approximately $156,000.

Karooooo Company Profile

(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.