Copart, Inc. (CPRT) concluded the recent trading session at $32.84, signifying a -1.68% move from its prior day's close.
Aberdeen Group plc lowered its position in Copart, Inc. (NASDAQ: CPRT) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 550,563 shares of the business services provider's stock after selling 33,992 shares during the period. Aberdeen
Shares of Copart, Inc. (NASDAQ: CPRT - Get Free Report) have been given an average rating of "Hold" by the eight research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and two
Centaurus Financial Inc. raised its position in Copart, Inc. (NASDAQ: CPRT) by 66.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,276 shares of the business services provider's stock after purchasing an additional 28,496 shares during the quarter.
Chilton Investment Co. Inc. trimmed its stake in Copart, Inc. (NASDAQ: CPRT) by 37.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,916 shares of the business services provider's stock after selling 18,567 shares during the quarter. Chilton Investment Co. Inc.'s holdings
Bank of Nova Scotia grew its holdings in Copart, Inc. (NASDAQ: CPRT) by 617.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 836,722 shares of the business services provider's stock after acquiring an additional 720,149 shares during the period.
Copart, Inc. shares have declined ~46%, but now trade at a trough of 15.4x EV/EBITDA, well below historical multiples. Recent headwinds—declining insurance volumes and softer claims—are seen as transient, not indicative of structural weakness in CPRT's moat. CPRT management has initiated aggressive buybacks, repurchasing $1.1B in shares with $6.4B in liquidity and effectively no debt.
Dynamic Technology Lab Private Ltd reduced its holdings in Copart, Inc. (NASDAQ: CPRT) by 84.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,278 shares of the business services provider's stock after selling 49,065 shares during the quarter. Dynamic
Copart has resumed opportunistic share buybacks, deploying $500 million, reflecting disciplined capital allocation and a rational approach to shareholder returns. CPRT's core moat remains intact; the duopoly structure, dominant marketplace, and international expansion underpin the long-term compounding thesis. Recent volume softness is tied to temporary insurance client share shifts, not structural weaknesses or loss of competitive advantage.
CI Investments Inc. decreased its position in Copart, Inc. (NASDAQ: CPRT) by 95.3% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,920 shares of the business services provider's stock after selling 59,694 shares during the quarter. CI Investments