Delta Global Management LP Purchases Shares of 61,594 Copart, Inc. $CPRT

Posted by on Jul 26th, 2026

Delta Global Management LP purchased a new stake in shares of Copart, Inc. (NASDAQ:CPRT – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 61,594 shares of the business services provider’s stock, valued at approximately $2,045,000.

Several other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in shares of Copart by 92.1% in the fourth quarter. Brighton Jones LLC now owns 14,215 shares of the business services provider’s stock worth $816,000 after buying an additional 6,817 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Copart by 365.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,118 shares of the business services provider’s stock valued at $63,000 after buying an additional 878 shares during the last quarter. Jump Financial LLC purchased a new stake in Copart during the second quarter valued at approximately $2,677,000. Sei Investments Co. raised its position in Copart by 110.0% in the second quarter. Sei Investments Co. now owns 900,330 shares of the business services provider’s stock worth $44,179,000 after acquiring an additional 471,571 shares during the period. Finally, Treasurer of the State of North Carolina raised its position in Copart by 3.5% in the second quarter. Treasurer of the State of North Carolina now owns 413,083 shares of the business services provider’s stock worth $20,270,000 after acquiring an additional 13,860 shares during the period. Institutional investors own 85.78% of the company’s stock.

Copart Price Performance

CPRT opened at $27.94 on Friday. The company has a 50 day simple moving average of $30.17 and a two-hundred day simple moving average of $34.07. The firm has a market cap of $25.87 billion, a P/E ratio of 17.35 and a beta of 1.02. Copart, Inc. has a 1-year low of $26.81 and a 1-year high of $50.11.

Copart (NASDAQ:CPRT – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The business services provider reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. Copart had a net margin of 33.48% and a return on equity of 16.63%. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm earned $0.42 EPS. The company’s revenue was up 2.1% on a year-over-year basis. Equities analysts anticipate that Copart, Inc. will post 1.58 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Barclays set a $26.00 price objective on shares of Copart and gave the company an “underweight” rating in a research report on Tuesday. Freedom Capital raised Copart to a “strong-buy” rating in a report on Friday, June 26th. Weiss Ratings downgraded Copart from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Zacks Research raised Copart from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Jefferies Financial Group set a $45.00 price target on Copart in a research report on Friday, May 22nd. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $43.50.

Check Out Our Latest Stock Analysis on CPRT

About Copart

(Free Report)

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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Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

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