Copart’s $290M Volume Ranks 485th as Institutional Holdings and Insider Sales Fuel Mixed Sentiment

Copart (CPRT) closed at $46.08 on July 31, 2025, down 2.05% with a trading volume of $290 million, ranking 485th on the day. Recent investor letters from Conestoga Capital Advisors and Wedgewood Partners highlighted Copart’s inclusion in their portfolios, while SVN Capital Fund noted its performance amid market volatility. Insider selling activity over the past year has raised concerns among shareholders, with net sales by company insiders reported by Simply Wall St. Analysts from JPMorgan and Barchart have adjusted expectations, with the latter projecting low double-digit earnings growth for Q4 results in September. Madison Investments and Qualivian Investment Partners also referenced Copart in their Q2 2025 reports, though returns lagged broader market benchmarks.

Investor sentiment remains mixed, with some funds like SVN Capital and Conestoga noting Copart’s resilience despite sector-wide declines in business services stocks. JPMorgan’s revised price target to $55 from $60 reflects cautious optimism, while Wedgewood Partners continued to hold the stock as part of its composite strategy. Analysts at Barchart and Simply Wall St. emphasized Copart’s long-term investment horizon and operational track record, despite recent underperformance against the S&P 500. The company’s upcoming earnings release in September will be closely watched to assess its ability to meet revised expectations.

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