Copart's 1.09% Rally Amid Institutional Buys and CEO's 43% Stake Cut Trading Volume Ranks 399th in Market Activity

On August 11, 2025, Copart (NASDAQ: CPRT) rose 1.09% to $46.19, with a trading volume of $260 million, ranking 399th in market activity. Institutional investors, including Cobblestone Capital Advisors LLC and Citigroup Inc., increased their stakes in the company during the first quarter, with Cobblestone raising its position by 2.0% to 401,106 shares and Citigroup adding 176,082 shares, boosting its holdings by 17.2%. These moves highlight growing confidence in Copart’s market position as an online vehicle remarketing leader.

CEO Jeffrey Liaw sold 24,088 shares at $46.43 apiece, reducing his ownership by 43.31% to 31,527 shares. This insider transaction, disclosed in an SEC filing, contrasts with institutional buying, signaling mixed sentiment among key stakeholders. Meanwhile, analyst activity saw JPMorgan Chase & Co. cut its price target to $55 from $60, while Robert W. Baird maintained an “outperform” rating despite lowering its target to the same level. These adjustments reflect ongoing debates over Copart’s valuation amid its 7.5% year-over-year revenue growth and 32.21% net margin.

Backtest results for a strategy buying the top 500 high-volume stocks daily and holding for one day showed a 166.71% return from 2022 to 2025, outperforming the benchmark by 137.53%. This underscores the role of liquidity concentration in short-term performance, particularly in volatile markets. The strategy’s success aligns with Copart’s recent trading dynamics, where high institutional interest and insider activity may amplify price movements driven by market liquidity.