Copart Sees Unusually Large Options Volume (NASDAQ:CPRT)

Posted by on Aug 15th, 2026

Copart, Inc. (NASDAQ:CPRT – Get Free Report) saw some unusual options trading activity on Friday. Stock investors bought 12,791 put options on the stock. This is an increase of approximately 381% compared to the typical volume of 2,662 put options.

Insider Activity at Copart

In other Copart news, CEO Jeffrey Liaw sold 27,745 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $30.49, for a total value of $845,945.05. Following the completion of the transaction, the chief executive officer owned 99,641 shares in the company, valued at $3,038,054.09. The trade was a 21.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 9.60% of the stock is currently owned by company insiders.

Institutional Trading of Copart

A number of institutional investors have recently bought and sold shares of the business. C M Bidwell & Associates Ltd. acquired a new stake in shares of Copart during the 2nd quarter worth about $25,000. Versant Capital Management Inc lifted its stake in Copart by 110.9% during the second quarter. Versant Capital Management Inc now owns 947 shares of the business services provider’s stock worth $27,000 after purchasing an additional 498 shares during the last quarter. Cache Advisors LLC acquired a new position in Copart in the first quarter valued at approximately $31,000. Compass Financial Management LLC acquired a new position in Copart in the second quarter valued at approximately $33,000. Finally, Reflection Asset Management purchased a new position in Copart in the fourth quarter valued at approximately $34,000. 85.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CPRT. Jefferies Financial Group set a $45.00 target price on Copart in a report on Friday, May 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Copart in a report on Wednesday, July 29th. Barclays set a $26.00 price target on Copart and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Freedom Capital upgraded Copart to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Zacks Research downgraded Copart from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $43.50.

View Our Latest Research Report on CPRT

Copart Trading Up 7.6%

Shares of CPRT opened at $31.61 on Friday. Copart has a twelve month low of $26.81 and a twelve month high of $50.11. The firm’s fifty day simple moving average is $29.30 and its 200-day simple moving average is $32.98. The firm has a market capitalization of $29.26 billion, a price-to-earnings ratio of 19.63 and a beta of 1.01.

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

About Copart

(Get 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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