Rep. Val T. Hoyle Sells Copart, Inc. (NASDAQ:CPRT) Shares

Key Points

• Representative Val T. Hoyle sold shares of Copart, Inc. valued between $1,001 and $15,000 on August 19th, as per a disclosure filed on September 12th.
• Copart's stock price decreased by 2.1% during midday trading, reaching $46.62, with a market capitalization of $45.08 billion.
• Analysts have mixed views on Copart, with one brokerage setting a $62.00 price target while others have lowered their forecasts, indicating a consensus rating of "Moderate Buy".

Representative Val T. Hoyle (D-Oregon) recently sold shares of Copart, Inc. NASDAQ: CPRT. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Copart stock on August 19th. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walgreens Boots Alliance NASDAQ: WBA on 8/27/2025.
• Sold $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 8/19/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Johnson Controls International NYSE: JCI on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of Tyler Technologies NYSE: TYL on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of United Rentals NYSE: URI on 8/7/2025.
• Sold $1,001 - $15,000 in shares of BioNTech NASDAQ: BNTX on 8/7/2025.

Copart Trading Down 2.1%

NASDAQ:CPRT traded down $0.98 during mid-day trading on Tuesday, hitting $46.62. The stock had a trading volume of 3,487,557 shares, compared to its average volume of 5,804,444. The company has a 50 day simple moving average of $47.37 and a 200-day simple moving average of $52.40. The stock has a market capitalization of $45.08 billion, a price-to-earnings ratio of 29.20 and a beta of 1.03. Copart, Inc. has a 52 week low of $45.05 and a 52 week high of $64.38.

Copart (NASDAQ:CPRT - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The business services provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.37 by $0.04. Copart had a net margin of 33.41% and a return on equity of 18.17%. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business earned $0.33 earnings per share. Copart's revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Copart, Inc. will post 1.57 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on CPRT. HSBC set a $62.00 price target on Copart and gave the company a "buy" rating in a report on Thursday, September 4th. Hsbc Global Res upgraded shares of Copart from a "hold" rating to a "strong-buy" rating in a research note on Thursday, September 4th. JPMorgan Chase & Co. cut their target price on Copart from $60.00 to $55.00 and set a "neutral" rating for the company in a research report on Friday, May 23rd. Robert W. Baird dropped their price objective on Copart from $64.00 to $55.00 and set an "outperform" rating on the stock in a research note on Thursday, July 17th. Finally, Stephens lowered their target price on Copart from $50.00 to $46.00 and set an "equal weight" rating on the stock in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $54.50.

Insider Activity

In related news, CEO Jeffrey Liaw sold 24,088 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $46.43, for a total transaction of $1,118,405.84. Following the completion of the transaction, the chief executive officer owned 31,527 shares in the company, valued at $1,463,798.61. This trade represents a 43.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 9.68% of the company's stock.

Institutional Investors Weigh In On Copart

Several hedge funds have recently modified their holdings of CPRT. Cloud Capital Management LLC bought a new stake in Copart in the 1st quarter valued at $26,000. Sunbelt Securities Inc. bought a new stake in Copart in the fourth quarter valued at about $31,000. Atticus Wealth Management LLC acquired a new position in Copart in the second quarter worth about $31,000. Ameritas Advisory Services LLC bought a new position in Copart during the second quarter worth about $31,000. Finally, Creekmur Asset Management LLC boosted its holdings in Copart by 1,063.0% during the second quarter. Creekmur Asset Management LLC now owns 628 shares of the business services provider's stock valued at $31,000 after purchasing an additional 574 shares in the last quarter. 85.78% of the stock is owned by institutional investors.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Copart

Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.

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