Bank Julius Baer & Co. Ltd Zurich Trims Stock Holdings in Copart, Inc. $CPRT

Posted by Geri Gentry on May 15th, 2026

Bank Julius Baer & Co. Ltd Zurich lowered its stake in shares of Copart, Inc. (NASDAQ:CPRT – Free Report) by 67.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,706 shares of the business services provider’s stock after selling 332,962 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Copart were worth $6,409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cloud Capital Management LLC purchased a new position in Copart in the 3rd quarter valued at about $25,000. Lodestone Wealth Management LLC acquired a new stake in shares of Copart during the 4th quarter worth about $25,000. LRI Investments LLC grew its holdings in shares of Copart by 125.2% during the third quarter. LRI Investments LLC now owns 653 shares of the business services provider’s stock worth $29,000 after buying an additional 363 shares in the last quarter. Cornerstone Planning Group LLC raised its position in shares of Copart by 54.0% in the third quarter. Cornerstone Planning Group LLC now owns 730 shares of the business services provider’s stock valued at $31,000 after buying an additional 256 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in shares of Copart in the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 85.78% of the company’s stock.

Insider Activity at Copart

In other news, CEO Jeffrey Liaw sold 26,213 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $33.18, for a total value of $869,747.34. Following the completion of the transaction, the chief executive officer directly owned 79,532 shares in the company, valued at approximately $2,638,871.76. This represents a 24.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 9.60% of the company’s stock.

Copart Stock Performance

CPRT stock opened at $32.65 on Friday. The firm has a market cap of $31.45 billion, a P/E ratio of 20.41 and a beta of 1.02. Copart, Inc. has a 1 year low of $32.20 and a 1 year high of $63.85. The stock has a 50-day simple moving average of $33.74 and a 200-day simple moving average of $37.59.

Copart (NASDAQ:CPRT – Get Free Report) last released 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). Copart had a return on equity of 16.68% and a net margin of 33.76%.The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the company earned $0.40 EPS. The firm’s revenue was down 3.6% compared to the same quarter last year. On average, equities research analysts predict that Copart, Inc. will post 1.58 EPS for the current year.

Wall Street Analyst Weigh In

CPRT has been the topic of a number of analyst reports. Zacks Research upgraded shares of Copart from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. cut their price target on Copart from $45.00 to $34.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Weiss Ratings lowered Copart from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. Robert W. Baird set a $48.00 price objective on Copart and gave the company an “outperform” rating in a research report on Friday, February 20th. Finally, Barclays reiterated an “underweight” rating and issued a $32.00 target price (down from $33.00) on shares of Copart in a research note on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $44.40.

View Our Latest 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.