Copart, Inc. (CPRT)

In the past six months, Copart's stock price has experienced fluctuations influenced by its earnings reports and broader market sentiment. As of July 21, 2025, the share price was $46.03, representing a decrease of 15.00% from July 16, 2024. Copart reported strong financial results for Q1 Fiscal 2025, surpassing earnings expectations, but the stock fell in aftermarket trading. The company continued to demonstrate strong performance in Q2 Fiscal 2025 with increased revenue and net income. Copart reported increased revenue for Q3 Fiscal 2025, but it was slightly below estimates, and the market reacted with a stock price drop. Overall, while the company has shown robust financial performance, the stock has experienced a decline.

Demand for vehicles in the auction market exhibits seasonal trends, with winter months and post-holiday periods being the best times for buyers to find deals. Spring and summer typically see a surge in demand, leading to higher prices for sellers. Copart's business model, which relies on total-loss vehicles from insurance companies, is described as economically insensitive.

Copart, Inc. is a global leader in online vehicle auction and remarketing services, operating through its VB3 platform. Headquartered in Dallas, Texas, it connects vehicle sellers, mainly insurance companies, with a global network of buyers. The company facilitates the sale of damaged, totaled, and clean title vehicles through online auctions using its patented VB3 technology. Copart also provides vehicle remarketing services, transportation, vehicle valuation, and data services, including tools like IntelliSeller. The company operates various brands such as BID4U, CashForCars.com, CrashedToys, DRIVE Auto Auctions, National Powersport Auctions (NPA), and Purple Wave Inc.

Copart, Inc. has a significant global presence, operating in 11 countries across North America, Europe, and the Middle East, including the United States, Canada, the United Kingdom, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman, and Finland. The company maintains over 200 physical locations and serves buyers in more than 190 countries. The United States accounts for the largest portion of its revenue.

Copart generally maintains a strong brand reputation due to its dominant market position, efficient online auction platform, and robust international presence. A lawsuit filed by a former vice president of HR against the company could potentially affect Copart's reputation.

Copart, Inc. is primarily owned by institutional shareholders, who hold approximately 81.97% of the company's shares. Copart insiders own 13.20%, and retail investors hold 4.84%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Principal Financial Group Inc. The largest individual shareholder and insider is Willis J. Johnson, the company's founder.