Why Copart (CPRT) Stock Is Up Today

Copart (CPRT) is up 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: There does not appear to be a single fresh company announcement tied directly to today’s move, so the rally may be a rebound trade after a weak stretch for the stock. This could be because investors are refocusing on Copart’s still-profitable operating results, large remaining buyback capacity, and its recent leadership reshuffle as the market reassesses the business ahead of the next earnings report. ([copart.com](https://www.copart.com/content/cprt-04-30-26-earnings-release.pdf))

Details:

Copart’s latest reported quarter showed revenue of about $1.2 billion, gross profit of $572.6 million, and diluted EPS of $0.43, with revenue and EPS both modestly higher year over year. ([copart.com](https://www.copart.com/content/cprt-04-30-26-earnings-release.pdf))

In its most recent quarterly filing, Copart disclosed repurchases of 43.4 million shares during the first nine months of fiscal 2026 for about $1.63 billion, and it still had 282 million shares remaining under its authorization as of April 30, 2026. ([sec.gov](https://www.sec.gov/Archives/edgar/data/900075/000119312526245578/cprt-20260430.htm))

The company also announced a management transition this summer, with Jay Adair returning as chief executive effective July 31, 2026 and Jane Pocock becoming president effective August 1, 2026. ([copart.com](https://www.copart.com/content/us/en/press-releases/copart-ceo-transition?utm_source=openai))

Copart’s investor relations page shows those July leadership updates as its most recent highlighted news items, which suggests today’s advance may be more about sentiment and positioning than a newly disclosed catalyst. ([copart.com](https://www.copart.com/investorrelation?utm_source=openai))

Sources:

Copart Investor Relations, SEC, Investing.com

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 492 institutional investors add shares of $CPRT stock to their portfolio, and 660 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
ALLIANCEBERNSTEIN L.P. removed 9,947,346 shares (-87.1%) from their portfolio in Q1 2026, for an estimated $330,251,887
TWO SIGMA INVESTMENTS, LP added 8,556,444 shares (+397.7%) to their portfolio in Q1 2026, for an estimated $284,073,940
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

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.

$CPRT Price Targets

Multiple analysts have issued price targets for $CPRT recently. We have seen 4 analysts offer price targets for $CPRT in the last 6 months, with a median target of $36.5.

Here are some recent targets:

Dmitriy Pozdnyakov from Freedom Broker set a target price of $39.0 on 06/26/2026
John Babcock from Barclays set a target price of $32.0 on 02/23/2026
Jash Patwa from JP Morgan set a target price of $34.0 on 02/23/2026
Craig Kennison from Baird set a target price of $48.0 on 02/20/2026

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.