Rathbones Group PLC boosted its stake in Copart, Inc. (NASDAQ:CPRT – Free Report) by 990.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 90,009 shares of the business services provider’s stock after buying an additional 81,758 shares during the quarter. Rathbones Group PLC’s holdings in Copart were worth $3,524,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its position in Copart by 13.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 371,603 shares of the business services provider’s stock valued at $16,711,000 after buying an additional 45,346 shares during the last quarter. Nordea Investment Management AB raised its position in Copart by 4.1% in the 4th quarter. Nordea Investment Management AB now owns 798,087 shares of the business services provider’s stock valued at $31,353,000 after buying an additional 31,658 shares during the last quarter. Principal Financial Group Inc. raised its position in Copart by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 40,175,058 shares of the business services provider’s stock valued at $1,806,674,000 after buying an additional 1,236,101 shares during the last quarter. Yacktman Asset Management LP purchased a new stake in Copart in the 3rd quarter valued at $3,382,000. Finally, Comgest Global Investors S.A.S. raised its position in Copart by 7.2% in the 3rd quarter. Comgest Global Investors S.A.S. now owns 3,181,919 shares of the business services provider’s stock valued at $143,091,000 after buying an additional 212,520 shares during the last quarter. 85.78% of the stock is owned by hedge funds and other institutional investors.
Copart Stock Performance
CPRT stock opened at $33.79 on Friday. The company has a market capitalization of $32.55 billion, a price-to-earnings ratio of 20.99 and a beta of 1.02. Copart, Inc. has a fifty-two week low of $32.20 and a fifty-two week high of $58.07. The stock has a fifty day moving average of $33.28 and a 200-day moving average of $37.21.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on CPRT shares. Robert W. Baird set a $48.00 target price on Copart and gave the company an “outperform” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. decreased their target price on Copart from $45.00 to $34.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Zacks Research raised Copart from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings lowered Copart from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group set a $45.00 target price on Copart in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Copart has a consensus rating of “Hold” and a consensus price target of $44.50.
Insider Buying and Selling at Copart
In other news, CEO Jeffrey Liaw sold 26,213 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $33.18, for a total transaction of $869,747.34. Following the completion of the transaction, the chief executive officer owned 79,532 shares in the company, valued at approximately $2,638,871.76. This represents a 24.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 9.60% of the company’s stock.
Copart News Roundup
Here are the key news stories impacting Copart this week:
- Positive Sentiment: Copart beat Q3 expectations, reporting $0.43 EPS versus $0.41 expected and revenue of $1.24 billion versus $1.19 billion expected, signaling that pricing and mix improvements are supporting results. Article: Copart, Inc. (CPRT) Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: Analysts highlighted strong selling prices, a richer revenue mix, and pricing power on the earnings call, suggesting Copart is offsetting lower unit volumes with better monetization. Article: Copart Earnings Call Highlights Pricing Power And Growth
- Positive Sentiment: Coverage noted that international expansion and a diversified seller base are helping offset U.S. insurance pressures, pointing to a more resilient growth profile. Article: CPRT Q1 deep dive: International expansion and diversified seller base offset US insurance pressures
- Neutral Sentiment: Management and commentary emphasized continued strategic investment and revenue growth, which supports the long-term story but does not materially change near-term fundamentals on its own. Article: Copart Inc (CPRT) Q3 2026 Earnings Call Highlights
- Negative Sentiment: Barclays kept a Sell rating on Copart, reflecting ongoing skepticism about the stock’s valuation or near-term upside despite the earnings beat. Article: Barclays Remains a Sell on Copart (CPRT)
Copart 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.
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