Why Copart Shares Rose Today | Quiver Quantitative

Copart (CPRT) is up 5.7% today. Here is some analysis on what might have caused this price movement.

Analysis: A clear single-day catalyst is not obvious, so this looks like a relief rally after a sharp selloff earlier in July. This could be because investors are reassessing the recent leadership transition, the appointment of a new president, and Copart’s still-profitable recent quarterly results as the stock trades well below levels seen before the management shake-up.

Details:

Copart said on June 29 that CEO Jeff Liaw will step down on July 31, 2026, with former CEO and current executive chairman Jay Adair returning to the chief executive role.

Copart then announced an investor call for July 6 focused on Jay Adair’s leadership priorities and the company’s long-term strategy, which may have helped calm concerns around the transition.

On July 8, Copart promoted Jane Pocock to president, effective August 1, adding another senior leadership move that pointed to a broader management reset.

In its latest quarterly report, Copart posted third-quarter fiscal 2026 revenue of $1.2 billion and diluted EPS of $0.43, showing the business remained profitable despite softer sentiment around the stock.

Sources:

Copart, 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 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 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 2 sales selling 26,213 shares for an estimated $869,723.

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 451 institutional investors add shares of $CPRT stock to their portfolio, and 562 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ALLIANCEBERNSTEIN L.P. removed 9,947,346 shares (-87.1%) from their portfolio in Q1 2026, for an estimated $330,251,887
CAPITAL WORLD INVESTORS removed 9,541,830 shares (-34.4%) from their portfolio in Q1 2026, for an estimated $316,788,756
TWO SIGMA INVESTMENTS, LP added 8,556,444 shares (+397.7%) to their portfolio in Q1 2026, for an estimated $284,073,940
PRINCIPAL FINANCIAL GROUP INC removed 7,356,083 shares (-18.9%) from their portfolio in Q1 2026, for an estimated $244,221,955
AKO CAPITAL LLP removed 5,736,076 shares (-95.4%) from their portfolio in Q1 2026, for an estimated $190,437,723
NUVEEN, LLC added 5,528,594 shares (+132.1%) to their portfolio in Q1 2026, for an estimated $183,549,320
BARCLAYS PLC removed 4,119,631 shares (-53.2%) from their portfolio in Q1 2026, for an estimated $136,771,749

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.