Copart Gains 0.95% on $270M Volume (Rank 377th) as Analysts Cut Targets and Insiders Sell Shares

Copart (CPRT) rose 0.95% on August 19, 2025, with a trading volume of $270 million, ranking 377th in the market. Recent analyst activity highlights mixed sentiment, as Baird lowered its price target to $55 from $64 while maintaining an "outperform" rating. Institutional ownership saw both inflows and outflows, with Corient IA LLC acquiring $669,000 in shares and New Jersey’s pension fund reducing its stake by 8.2%. CEO Jeffrey Liaw sold 24,088 shares, marking a 43.3% reduction in his holdings, signaling potential internal uncertainty.

Institutional investors remain heavily engaged, with 85.78% of shares held by institutions. Notable moves include China Universal Asset Management increasing its stake by 52.2% and Handelsbanken Fonder AB boosting ownership by 53.3% to $48.35 million. These adjustments reflect ongoing confidence in Copart’s market position despite recent volatility. The company’s Q2 revenue of $1.21 billion, up 7.5% year-over-year, aligned with expectations but fell slightly short of the $1.23 billion forecast, contributing to mixed investor reactions.

Analyst ratings remain divided, with JPMorgan cutting its target to $55 and Stephens assigning an "equal weight" rating. The stock’s beta of 1.04 suggests moderate sensitivity to market swings, while its 52-week range of $45.05–$64.38 indicates a volatile trading environment. Insider ownership at 9.68% underscores continued alignment with shareholder interests, though recent sales by top executives may temper optimism.

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