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

August 7, 2026 by InsiderTrades.com

Key Points

CEO Isaias Jose Calisto sold 25,594 Karooooo shares for approximately $1.65 million, retaining about 17.75 million shares. He also reported multiple additional sales in late July and early August, totaling millions of dollars.
Karooooo’s latest quarterly results exceeded expectations, with earnings per share of $0.59 versus the $0.51 consensus and revenue of $96.26 million. The company also increased its annual dividend to $1.50 per share from $1.25.
Shares opened at $63.65, below the analyst consensus price target of $73.50. Analysts maintain a generally favorable “Moderate Buy” consensus, though repeated insider selling may raise valuation concerns.

Karooooo Ltd. (NASDAQ:KARO - Get Free Report) CEO Isaias Jose Calisto sold 25,594 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $64.60, for a total value of $1,653,372.40. Following the sale, the chief executive officer owned 17,748,019 shares of the company's stock, valued at approximately $1,146,522,027.40. The trade was a 0.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 shares were 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 shares were 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 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 transaction 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 transaction of $1,643,920.72.

Karooooo Stock Down 3.4%

Shares of NASDAQ KARO opened at $63.65 on Friday. The firm has a market capitalization of $1.97 billion, a PE ratio of 32.31 and a beta of 0.85. 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 Ltd. has a 1 year low of $41.25 and a 1 year high of $67.14. The firm's 50-day moving average is $54.80 and its 200-day moving average is $50.62.

Karooooo (NASDAQ:KARO - Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.08. The business 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 EPS for the current year.

Karooooo Increases Dividend

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

Trending Headlines about 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.

Institutional Investors Weigh In On Karooooo

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in Karooooo by 9.5% in the first quarter. Bank of America Corp DE now owns 8,798 shares of the company's stock worth $438,000 after purchasing an additional 764 shares during the period. Lazard Asset Management LLC bought a new position in shares of Karooooo during the first quarter worth $1,015,000. Renaissance Technologies LLC grew its holdings in shares of Karooooo by 1.4% in the 1st quarter. Renaissance Technologies LLC now owns 27,987 shares of the company's stock valued at $1,395,000 after buying an additional 400 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Karooooo by 35.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 19,259 shares of the company's stock valued at $960,000 after buying an additional 4,999 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Karooooo in the 1st quarter valued at $296,000.

Analyst Upgrades and Downgrades

KARO has been the topic of a number of analyst reports. Wall Street Zen raised Karooooo from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Karooooo in a research note on Friday, April 24th. Freedom Capital downgraded Karooooo from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Needham & Company LLC increased their target price on Karooooo from $60.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, July 14th. Finally, Raymond James Financial raised 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. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $73.50.

View Our Latest Analysis on Karooooo

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.