Copart's 15min chart shows MACD Death Cross, KDJ Death Cross.

Copart's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross at 09:45 on July 7, 2023. This suggests that the stock price has the potential to continue its downward trajectory, as the momentum of the stock price is shifting towards the downside and may lead to further decreases.

Copart, Inc. (NASDAQ: CPRT) has recently experienced significant technical setbacks, with its 15-minute chart triggering a MACD Death Cross and a KDJ Death Cross at 09:45 on July 7, 2023. These signals suggest a potential continuation of the stock's downward trajectory, indicating a shift in momentum towards the downside [1].

The company's fiscal third quarter 2025 results, released on May 22, showed revenue of $1.21 billion, a 7.49% year-over-year increase, but it missed expectations by $17.1 million. Despite this, the earnings per share (EPS) of $0.42 met market expectations. JPMorgan lowered its price target on Copart from $60 to $55, while maintaining a Neutral rating, citing market softness as a challenge [1].

Analysts have mixed views on Copart. JPMorgan Chase & Co. lowered its price target, while Argus lowered its rating from "buy" to "hold" [2]. Despite these changes, institutional investors continue to show interest in the company. Allspring Global Investments Holdings LLC increased its stake by 5.7% during the first quarter, owning 301,232 shares valued at $17.23 million [2].

Director Steven D. Cohan sold 94,997 shares of Copart stock on April 14, 2025, at an average price of $60.01, totaling $5.70 million [2]. Insiders own 9.68% of the company's stock, while institutional investors hold 85.78% [2].

Copart's stock performance shows a one-year low of $47.33 and a one-year high of $64.38. The 50-day simple moving average is $54.77, and the 200-day simple moving average is $56.25. The company's market cap stands at $47.46 billion, with a PE ratio of 32.29 and a beta of 1.07 [2].

The technical indicators suggest caution, while the mixed analyst views and increasing institutional interest provide a nuanced picture. Investors should closely monitor the company's performance and the market's response to these signals.

References:
[1] https://finance.yahoo.com/news/jpmorgan-lowered-pt-copart-cprt-073519014.html
[2] https://www.marketbeat.com/instant-alerts/filing-allspring-global-investments-holdings-llc-buys-16139-shares-of-copart-inc-nasdaqcprt-2025-07-03/