Copart, Inc. $CPRT Shares Sold by CenterBook Partners LP

CenterBook Partners LP cut its holdings in shares of Copart, Inc. (NASDAQ:CPRT) by 70.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,529 shares of the business services provider’s stock after selling 52,234 shares during the quarter. CenterBook Partners LP’s holdings in Copart were worth $968,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CPRT. Norges Bank acquired a new stake in shares of Copart in the second quarter worth $549,448,000. Fiera Capital Corp boosted its holdings in Copart by 75.3% in the second quarter. Fiera Capital Corp now owns 7,000,430 shares of the business services provider’s stock valued at $343,511,000 after purchasing an additional 3,007,820 shares during the last quarter. First Trust Advisors LP grew its position in Copart by 75.2% during the 2nd quarter. First Trust Advisors LP now owns 6,579,404 shares of the business services provider’s stock worth $322,851,000 after purchasing an additional 2,824,991 shares during the period. Vanguard Group Inc. raised its stake in shares of Copart by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 108,990,652 shares of the business services provider’s stock valued at $4,901,310,000 after buying an additional 2,581,784 shares during the last quarter. Finally, Jensen Investment Management Inc. lifted its holdings in shares of Copart by 39.4% in the 2nd quarter. Jensen Investment Management Inc. now owns 5,315,861 shares of the business services provider’s stock valued at $260,849,000 after buying an additional 1,503,771 shares during the period. 85.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on CPRT. Barclays reaffirmed an “underweight” rating and set a $33.00 target price (up from $32.00) on shares of Copart in a report on Friday, November 21st. JPMorgan Chase & Co. dropped their price objective on shares of Copart from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Robert W. Baird set a $48.00 target price on shares of Copart and gave the company an “outperform” rating in a research note on Friday. Finally, CJS Securities raised shares of Copart to a “strong-buy” rating in a report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Copart has an average rating of “Moderate Buy” and an average target price of $46.80.

Trending Headlines about Copart

Here are the key news stories impacting Copart this week:

• Positive Sentiment: Management signaled continued investment in land capacity and AI to support long-term growth, which could strengthen Copart’s competitive position as insurance volumes normalize. Copart signals continued investment in land capacity and AI as insurance volumes decline 9%
• Neutral Sentiment: Company released full Q2 results and the earnings call transcript (details and management commentary available), useful for investors assessing guidance and strategy. Copart Reports Second Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Short-interest reports in the feeds show anomalous zero/NaN values for February data; treat these as unreliable until exchanges publish confirmed figures. Market data / short interest
• Negative Sentiment: Q2 EPS of $0.36 missed the consensus ~$0.39 and revenue of ~$1.12B missed estimates (~$1.15B); revenue declined ~3.6% year-over-year — primary drivers of the selloff. Copart Inc (CPRT) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: multiple outlets report the stock plunged (near 52-week lows) and note analyst downgrades following the miss. Expect heightened volatility and further analyst scrutiny. Copart Slides After Q2 Miss, Shares Near 52-Week Lows
• Negative Sentiment: Coverage and commentary emphasize unit-volume headwinds in the insurance channel and downward revisions from some analysts, which could pressure earnings estimates near term. Copart Stock (CPRT) Is Crashing on Earnings Miss and Analyst Downgrades

Insider Buying and Selling at Copart

In related news, Director Thomas N. Tryforos sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $39.07, for a total value of $3,907,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Jeffrey Liaw sold 25,137 shares of Copart stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $40.17, for a total value of $1,009,753.29. Following the completion of the sale, the chief executive officer owned 55,970 shares in the company, valued at approximately $2,248,314.90. The trade was a 30.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.60% of the company’s stock.

Copart Price Performance

Copart stock opened at $36.48 on Friday. The stock has a market capitalization of $35.31 billion, a PE ratio of 22.80 and a beta of 1.08. The business has a 50 day simple moving average of $39.44 and a 200-day simple moving average of $42.59. Copart, Inc. has a 12 month low of $33.81 and a 12 month high of $63.85.

Copart (NASDAQ:CPRT) last announced its earnings results on Thursday, February 19th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Copart had a net margin of 33.76% and a return on equity of 16.95%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $0.40 EPS. The company’s quarterly revenue was down 3.6% on a year-over-year basis. On average, equities research analysts anticipate that Copart, Inc. will post 1.57 EPS for the current fiscal year.

Copart Company Profile

Copart (NASDAQ: CPRT) is a global provider of online vehicle auction and remarketing services, focused primarily on the sale of salvage and clean-title vehicles. The company operates a technology-driven auction platform that connects sellers — including insurance companies, vehicle finance firms, rental car companies, dealerships and fleet owners — with a broad buyer base consisting of vehicle dismantlers, recyclers, rebuilders and retail buyers. Copart’s business model centers on efficient vehicle disposition using digital bidding and logistics services to maximize recovery value for its clients.

Core services include hosting live and timed online auctions, vehicle listing and inspection support, title processing, and transportation and storage solutions.