Copart Inc
CPRTCopart Inc (CPRT) is a global provider of online vehicle auction and remarketing services. Founded in 1982, the company facilitates the sale of used, salvage, and clean title vehicles primarily through its online platform, connecting sellers and buyers across various markets worldwide. Copart serves insurance companies, vehicle dealers, rental car companies, and dismantlers, offering a comprehensive system for vehicle remarketing and salvage operations.
Company News
Weybosset Research & Management LLC fully exited its position in MaxLinear on January 6, 2026, selling all 205,893 shares worth approximately $3.31 million. The exit reflects MaxLinear's poor performance, with stock down 42% from early 2023 and revenue declining 62% over three years, while the company has shifted from $101 million in net income i...
Top investors like Warren Buffett, Bill Gates, and others revealed their third-quarter stock purchases and investment strategies, highlighting key moves in the market.
Argent Capital Management significantly reduced its Copart stake by selling 1,262,984 shares in Q3 2025, leaving only 0.2% of its portfolio allocation, potentially signaling concerns about the company's recent performance and valuation.
Copart reported Q4 earnings of $0.41 per share on $1.13 billion in sales, showing 5% sales and 24% profit growth. However, the stock price dropped due to slowing growth rates and concerns about its high valuation multiple.
Copart reported strong Q4 fiscal 2025 financial results, with 24.2% EPS growth, 5.2% revenue increase, and operational improvements across service revenue, net income, and global auction platform expansion.
