Isaias Jose Calisto Sells 20,417 Shares of Karooooo (NASDAQ:KARO) Stock

Posted by Brian Himes on Aug 6th, 2026

Karooooo Ltd. (NASDAQ:KARO – Get Free Report) CEO Isaias Jose Calisto sold 20,417 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $64.51, for a total value of $1,317,100.67. Following the completion of the sale, the chief executive officer directly owned 17,773,613 shares of the company’s stock, valued at $1,146,575,774.63. This represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

On Friday, July 31st, Isaias Jose Calisto sold 25,452 shares of Karooooo stock. The stock was 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 stock was 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 stock was 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 shares were 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 stock was sold at an average price of $63.44, for a total transaction of $1,643,920.72.

Karooooo Stock Performance

NASDAQ:KARO opened at $65.91 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Karooooo Ltd. has a fifty-two week low of $41.25 and a fifty-two week high of $67.14. The stock has a market cap of $2.04 billion, a PE ratio of 33.46 and a beta of 0.85. The firm’s fifty day simple moving average is $54.48 and its 200-day simple moving average is $50.50.

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

Karooooo Increases Dividend

The business also recently announced an annual dividend, which was paid on Monday, July 27th. Shareholders of record on Friday, July 17th were issued 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 of this dividend was Friday, July 17th. Karooooo’s dividend payout ratio is 76.14%.

Institutional Investors Weigh In On Karooooo

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

Analysts Set New Price Targets

KARO has been the subject of a number of research reports. Wall Street Zen upgraded shares of Karooooo from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. UBS Group restated a “buy” rating and issued a $75.00 price target on shares of Karooooo in a report on Thursday, July 16th. Raymond James Financial raised their price objective on Karooooo from $60.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Roth Capital reiterated a “buy” rating and set a $74.00 target price on shares of Karooooo in a research report on Friday, July 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Karooooo in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Karooooo presently has an average rating of “Buy” and an average target price of $73.50.

View Our Latest Research Report 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.