Navellier & Associates Inc. has reduced its stake in Copart, Inc. (NASDAQ: CPRT) by 25.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission (SEC). The fund owned 20,011 shares of the business services provider's stock after selling 6,774 shares during the period. Copart's holdings were worth $1.22 million as of its most recent filing. Several other institutional investors have also modified their holdings of Copart, Inc. shares during the period. Cornerstone Planning Group LLC bought a new position in Copart worth approximately $51,000, increasing its holdings by 51.3%. Cornerstone Planning Group LLC now owns 829 shares of the stock, valued at $51,000. Versant Capital Management Inc lifted its holdings in Copart by 1,567.9% during the 1st quarter. Versant Capital Management now owns 884 shares of the stock worth $50,000. Sunbelt Securities Inc bought a new position worth about $31,000 in Copart during the 4th quarter. Marshall & Sterling Wealth Advisors Inc bought a new position worth about $45,000 in Copart during the 4th quarter. Cornerstone Planning Group LLC now owns 829 shares of the stock, valued at $51,000. Several institutional investors own 85.78% of Copart, Inc. shares. Copart, Inc. has a market capitalization of $45.15 billion, a P/E ratio of 30.72, and a beta of 1.07. The firm's 50-day moving average is $49.89, and its 52-week low is $45.52. Copart, Inc. reported earnings per share (EPS) of $0.42 for the quarter, meeting analyst estimates. For the current year, analysts predict Copart will post EPS of $1.57. The company announced its quarterly earnings results on May 22nd, reporting a net margin of 32.21% and return on equity of 18.20%. Copart's revenue for the quarter was $1.21 billion, up 7.5% from the same quarter last year. CEO Jeffrey Liaw sold 24,088 shares of the firm's stock, reducing his ownership by 43.31% during the period. The shares were sold at an average price of $46.43. The transaction was disclosed in a legal filing with the SEC, available through . 9.68% of Copart's stock is owned by corporate insiders. Copart shares opened at $46.69 on Friday. The company's revenue was up 7.5% compared to the same quarter last year. Analysts have recently adjusted their ratings and price targets for Copart, Inc. JPMorgan Chase & Co. set a target price of $55.00 with a neutral rating, while Stephens initiated coverage with an equal weight rating and a $50.00 price target. Robert W. Baird set an outperform rating with a $55.00 price target. Top analysts from MarketBeat keep track of Wall Street's best performing stocks and recommendations. MarketBeat offers a suite of research tools and daily updates on analyst ratings and insider transactions.

Copart, Inc. (NASDAQ:CPRT) Position Lowered by Navellier & Associates Inc.

Navellier & Associates Inc. reduced its stake in Copart, Inc. (NASDAQ: CPRT) by 25.3% in Q1 2025, while other institutional investors increased or acquired positions. Copart, a business services provider with a $45.15B market cap, reported Q2 earnings of $0.42 EPS, meeting analyst estimates. Analysts adjusted ratings and price targets, with JPMorgan Chase & Co. setting a $55.00 target and Stephens initiating coverage. The company's CEO sold shares, and 9.68% of stock is held by corporate insiders.