CenterBook Partners LP Sells 52,234 Shares of Copart, Inc. $CPRT

CenterBook Partners LP lessened its holdings in Copart, Inc. (NASDAQ:CPRT) by 70.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 21,529 shares of the business services provider’s stock after selling 52,234 shares during the period. CenterBook Partners LP’s holdings in Copart were worth $968,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CPRT. Mirae Asset Global Investments Co. Ltd. grew its holdings in Copart by 13.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 371,603 shares of the business services provider’s stock worth $16,711,000 after acquiring an additional 45,346 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of Copart by 89.0% during the second quarter. California Public Employees Retirement System now owns 2,548,275 shares of the business services provider’s stock valued at $125,044,000 after purchasing an additional 1,200,035 shares in the last quarter. Yacktman Asset Management LP bought a new position in shares of Copart during the third quarter valued at approximately $3,382,000. Principal Financial Group Inc. increased its holdings in Copart by 3.2% during the third 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 period. Finally, Elevate Capital Advisors LLC bought a new position in Copart in the third quarter worth approximately $1,472,000. 85.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Thomas N. Tryforos sold 100,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $39.07, for a total transaction of $3,907,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey Liaw sold 25,137 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 55,970 shares of the company’s stock, valued at $2,248,314.90. This trade represents a 30.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.60% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Copart Stock Performance

Copart stock opened at $36.48 on Friday. The stock has a 50-day moving average of $39.44 and a two-hundred day moving average of $42.59. Copart, Inc. has a one year low of $33.81 and a one year high of $63.85. The stock has a market cap of $35.31 billion, a PE ratio of 22.80 and a beta of 1.08.

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

Copart News Summary

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

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.