Copart, Inc. $CPRT Stock: Ninety One SA Pty Ltd Trims Stake

Posted by Francis Steltz on Oct 15th, 2026

Ninety One SA Pty Ltd reduced its stake in shares of Copart, Inc. (NASDAQ:CPRT – Free Report) by 43.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,231 shares of the business services provider’s stock after selling 18,553 shares during the period. Ninety One SA Pty Ltd’s holdings in Copart were worth $661,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CPRT. C M Bidwell & Associates Ltd. acquired a new stake in Copart during the second quarter valued at approximately $25,000. Byrne Asset Management LLC acquired a new position in shares of Copart in the 3rd quarter worth approximately $25,000. Versant Capital Management Inc increased its holdings in shares of Copart by 110.9% in the 2nd quarter. Versant Capital Management Inc now owns 947 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 498 shares during the last quarter. Cache Advisors LLC bought a new stake in shares of Copart in the 1st quarter valued at approximately $31,000. Finally, Cherry Tree Wealth Management LLC raised its position in shares of Copart by 14,062.5% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 1,133 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 1,125 shares in the last quarter. Institutional investors own 85.78% of the company’s stock.

Copart Price Performance

Shares of NASDAQ CPRT traded up $1.34 during mid-day trading on Thursday, hitting $27.61. The company had a trading volume of 6,740,265 shares, compared to its average volume of 10,147,423. Copart, Inc. has a 12 month low of $25.72 and a 12 month high of $45.89. The stock has a market cap of $25.58 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.29 and a beta of 1.06. The firm’s 50 day simple moving average is $30.15 and its two-hundred day simple moving average is $30.87.

Copart (NASDAQ:CPRT – Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The business services provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Copart had a return on equity of 15.93% and a net margin of 31.81%. Copart’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 earnings per share. Equities analysts forecast that Copart, Inc. will post 1.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Copart in a report on Wednesday, July 29th. Barrington Research upgraded shares of Copart from a “market perform” rating to an “outperform” rating and set a $40.00 target price for the company in a research note on Friday, September 11th. HSBC cut shares of Copart from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a report on Wednesday, September 16th. Stephens restated an “equal weight” rating and issued a $35.00 price target on shares of Copart in a research report on Thursday, August 20th. Finally, Robert W. Baird decreased their price target on shares of Copart from $42.00 to $38.00 and set an “outperform” rating for the company in a report on Friday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.80.

Read Our Latest Stock Analysis on CPRT

Insider Activity

In other news, CEO Jeffrey Liaw sold 27,745 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $30.49, for a total transaction of $845,945.05. Following the completion of the transaction, the chief executive officer owned 99,641 shares in the company, valued at approximately $3,038,054.09. This represents a 21.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.60% of the company’s stock.

Copart Profile

(Free Report)

Copart, Inc is a global provider of online vehicle auction and remarketing services. The company primarily sells vehicles that have been damaged, totaled, recovered from theft, or otherwise deemed uneconomical to repair. Its customers include insurance companies, automobile dealers, dismantlers, rebuilders, exporters, rental and finance companies, and members of the general public.

Copart conducts auctions through its online VB3 platform, which connects buyers with vehicles listed at the company’s facilities.