Copart shares climb as ACV acquisition expands vehicle remarketing footprint

Copart (CPRT) is up 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is Copart’s announcement that it will acquire ACV in a cash deal that broadens its reach beyond salvage auctions into dealer-to-dealer wholesale remarketing. Investors also appear to be responding to management’s view that the transaction can accelerate revenue growth and become accretive to earnings in fiscal 2028 and beyond.

Details:

Copart and ACV announced a definitive agreement for Copart to buy all outstanding ACV shares for $10.50 each in cash, implying an equity value of about $1.9 billion.

Management framed the combination as a full-spectrum digital vehicle remarketing platform spanning dealer trade-ins, wholesale remarketing, salvage disposition, and international resale.

Copart said the purchase gives it an immediate scaled position in the dealer-to-dealer auction channel while adding ACV’s inspection, valuation, and data tools.

The company said it plans to fund the transaction with cash on hand, expects no financing condition, and believes the deal should be neutral to earnings in the first full year of ownership before turning accretive later.

Sources:

ACV Investor Relations, Copart Investor Relations, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CPRT Insider Trading Activity

$CPRT insiders have traded $CPRT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $CPRT stock by insiders over the last 6 months:

DANIEL J ENGLANDER sold 80,000 shares for an estimated $2,204,000
JEFFREY LIAW (Chief Executive Officer) has made 0 purchases and 3 sales selling 53,958 shares for an estimated $1,715,668.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$CPRT Hedge Fund Activity

We have seen 501 institutional investors add shares of $CPRT stock to their portfolio, and 688 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRINCIPAL FINANCIAL GROUP INC removed 30,538,054 shares (-96.5%) from their portfolio in Q2 2026, for an estimated $860,867,742
INVESCO LTD. added 21,099,519 shares (+177.0%) to their portfolio in Q2 2026, for an estimated $594,795,440
VICTORY CAPITAL MANAGEMENT INC removed 7,809,137 shares (-91.5%) from their portfolio in Q2 2026, for an estimated $220,139,572
JPMORGAN CHASE & CO added 6,264,037 shares (+inf%) to their portfolio in Q2 2026, for an estimated $176,583,203
MARSHALL WACE, LLP added 5,823,599 shares (+436.4%) to their portfolio in Q2 2026, for an estimated $164,167,255
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 5,451,393 shares (+inf%) to their portfolio in Q2 2026, for an estimated $153,674,768
CAPITAL INTERNATIONAL INVESTORS removed 5,011,050 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $141,261,499

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CPRT Congressional Stock Trading

Members of Congress have traded $CPRT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CPRT stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.