CPRT

He clearly feels that its returning CEO is energetic and committed. The company has advantages it can leverage to capitalize on a market that's developing in its favor.

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the fourth quarter of fiscal 2026 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, September 10, 2026. On Thursday, September 10, 2026, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at www.copart.com/investorrelations. A re.

Copart remains a global leader in vehicle remarketing, but current valuation and macro headwinds justify a 'hold' rating. US market weakness is partially offset by strong international growth, yet overall profitability is mixed amid rising costs and declining other income. CPRT's robust balance sheet, with $4.2B in cash and no debt, supports stability but does not offset fair valuation multiples.

Copart, Inc. faces near-term headwinds from insurance affordability, IAA competition, and autonomous vehicle risks but retains a powerful network effect and global moat. CPRT's real estate ownership, international buyer network, and potential CCC acquisition reinforce its structural advantages and could mitigate insurer bargaining power. Recent CEO transition and aggressive share repurchases signal management's confidence; $1.4B in buybacks last quarter leverages a $4.7B cash position.

At its peak on July 23rd, Copart's share price drawdown reached almost 60%, exceeding in severity what was experienced during the 2008-09 global financial crisis. In the midst of the sell-off, I decided to accumulate shares more and more aggressively as the share price continued to drift lower. Copart is now the largest position in my portfolio with a 6.50% weight. My average cost basis currently stands at $29.71 per share.

Copart, Inc. (CPRT) reached $34.34 at the closing of the latest trading day, reflecting a +1.45% change compared to its last close.

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported that David J. Berger has joined Copart's Board of Directors, effective August 13, 2026. Mr. Berger, 67, currently serves as a Senior Partner of Wilson Sonsini Goodrich & Rosati, P.C., a law firm, where he has practiced since 1989 and has served as a Partner for more than twenty years. His practice focuses on corporate governance, mergers and acquisitions, and shareholder activism. He has held a number of leadership position.

The top five contributors for the quarter were MKS, Amphenol, Arista Networks, Bio-Techne, and Waters. The bottom five detractors for the quarter were Ross Stores, Arch Capital, Copart, Gartner, and Brown & Brown. We purchased shares in Verisk Analytics, the dominant provider of data and analytics to property and casualty insurers in the U.S.

NEW YORK, July 23, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Copart, Inc. ("Copart" or the "Company") (NASDAQ: CPRT).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

Bragar Eagel & Squire, P.C.  Litigation Partners  Brandon Walker  and Melissa Fortunato Encourage Investors Who Suffered Losses In Copart (CPRT) To Contact Them Directly To Discuss Their Options