HighTower Advisors LLC Sells 30,554 Shares of Copart, Inc. $CPRT

HighTower Advisors LLC trimmed its stake in Copart, Inc. (NASDAQ:CPRT) by 4.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 706,346 shares of the business services provider’s stock after selling 30,554 shares during the period. HighTower Advisors LLC’s holdings in Copart were worth $27,653,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Cloud Capital Management LLC bought a new position in Copart in the 3rd quarter worth approximately $25,000. Lodestone Wealth Management LLC bought a new position in Copart in the 4th quarter worth approximately $25,000. LRI Investments LLC increased its position in Copart by 125.2% in the 3rd quarter. LRI Investments LLC now owns 653 shares of the business services provider’s stock worth $29,000 after buying an additional 363 shares during the period. Cornerstone Planning Group LLC increased its position in Copart by 54.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 730 shares of the business services provider’s stock worth $31,000 after buying an additional 256 shares during the period. Finally, Aventura Private Wealth LLC bought a new position in Copart in the 4th quarter worth approximately $33,000. 85.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. JPMorgan Chase & Co. dropped their price target on Copart from $45.00 to $34.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. Barclays reaffirmed an “underweight” rating and issued a $32.00 price target (down from $33.00) on shares of Copart in a research report on Monday, February 23rd. Jefferies Financial Group set a $45.00 price target on Copart in a research report on Friday. Weiss Ratings downgraded Copart from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Finally, Zacks Research raised Copart from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $44.50.

Copart Trading Down 1.8%

CPRT opened at $33.79 on Friday. The stock has a market cap of $32.55 billion, a PE ratio of 20.99 and a beta of 1.02. Copart, Inc. has a 1 year low of $32.20 and a 1 year high of $58.07. The stock’s 50 day simple moving average is $33.28 and its 200-day simple moving average is $37.21.

Copart (NASDAQ:CPRT) last released its quarterly earnings data on Thursday, May 21st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Copart had a return on equity of 16.31% and a net margin of 33.48%.Copart’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.42 earnings per share. Equities analysts forecast that Copart, Inc. will post 1.57 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Jeffrey Liaw sold 26,213 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 79,532 shares in the company, valued at approximately $2,638,871.76. The trade was a 24.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate 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 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.