ICICI Prudential Asset Management Co Ltd Purchases 50,742 Shares of Copart, Inc. $CPRT

ICICI Prudential Asset Management Co Ltd boosted its position in shares of Copart, Inc. (NASDAQ:CPRT) by 419.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,849 shares of the business services provider’s stock after buying an additional 50,742 shares during the period. ICICI Prudential Asset Management Co Ltd’s holdings in Copart were worth $2,826,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in shares of Copart in the third quarter valued at $25,000. Tripletail Wealth Management LLC bought a new position in Copart during the third quarter valued at $27,000. Creekmur Asset Management LLC grew its stake in shares of Copart by 1,063.0% in the 2nd quarter. Creekmur Asset Management LLC now owns 628 shares of the business services provider’s stock worth $31,000 after buying an additional 574 shares in the last quarter. LRI Investments LLC increased its holdings in shares of 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 last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in shares of 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 last quarter. Institutional investors own 85.78% of the company’s stock.

Copart Stock Down 0.3%

CPRT stock opened at $37.65 on Friday. Copart, Inc. has a twelve month low of $36.52 and a twelve month high of $63.85. The firm has a market cap of $36.45 billion, a price-to-earnings ratio of 22.96 and a beta of 1.08. The business’s fifty day simple moving average is $39.49 and its two-hundred day simple moving average is $42.65.

Copart (NASDAQ:CPRT) last posted its quarterly earnings results on Thursday, February 19th. The business services provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.15 billion. Copart had a return on equity of 17.78% and a net margin of 34.24%.The company’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 earnings per share. Research analysts expect that Copart, Inc. will post 1.57 EPS for the current year.

Key Stories Impacting Copart

Here are the key news stories impacting Copart this week:

• Positive Sentiment: Copart still delivered strong profitability in the quarter: net income of $350.7M, a net margin ~34.2% and return on equity ~17.8%, showing the business remains highly cash-generative. Copart Reports Second Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Market context is modestly supportive today—U.S. futures rose ahead of macro data (Q4 GDP), which can help limit broader selling pressure on cyclical names. Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead Of Q4 GDP Numbers—Grail, Candel Therapeutics, Copart In Focus
• Neutral Sentiment: The full earnings call transcript is available for investors who want management commentary on unit volumes, pricing and outlook—check the call for any forward guidance or operational detail that could move the stock. Copart, Inc. (CPRT) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Pre-earnings coverage flagged unit-volume headwinds that surfaced in the report—investors should watch whether management gives a timeline for volume recovery. Copart set to report earnings amid unit volume headwinds
• Negative Sentiment: Earnings miss and revenue decline were the primary negative catalysts: EPS $0.36 vs. ~$0.39 consensus, revenue $1.12B vs. ~$1.15B consensus and revenue down ~3.6% YoY—coverage highlights these misses as the reason for the share drop. Copart Stock Drops After Q2 Earnings: Here’s Why
• Negative Sentiment: Technically, the stock is trading below its 50-day and 200-day moving averages and near its 1-year low, which can exacerbate downward pressure if selling continues and algos/technicals come into play. Copart, Inc. (CPRT) Lags Q2 Earnings and Revenue Estimates

Wall Street Analysts Forecast Growth

CPRT has been the subject of a number of analyst reports. Robert W. Baird lowered their price target on shares of Copart from $55.00 to $52.00 and set an “outperform” rating for the company in a report on Friday, November 21st. JPMorgan Chase & Co. dropped their target price on Copart from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, November 24th. Barclays restated an “underweight” rating and set a $33.00 price target (up previously from $32.00) on shares of Copart in a report on Friday, November 21st. Finally, CJS Securities upgraded Copart to a “strong-buy” rating in a research report on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.60.

Insider Transactions at Copart

In related news, Director Thomas N. Tryforos sold 100,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $39.07, for a total value of $3,907,000.00. The sale was disclosed in a legal filing with the SEC, which is available at 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 transaction, the chief executive officer owned 55,970 shares in the company, valued at $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. 9.60% of the stock is owned by corporate insiders.

About Copart

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.