Fifth Third Wealth Advisors 13F: New $802K Stake in Copart (CPRT)

Fifth Third Wealth Advisors opened a new position in Copart, Inc. (NASDAQ:CPRT), acquiring 29,382 shares with an estimated value of $801,541. The investment was revealed in a Form 13F regulatory filing submitted to the Securities and Exchange Commission on October 22, 2026.

CPRT Copart, Inc.

$29 ▼ -23.22% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Fifth Third Wealth Advisors's Copart Position

The newly established stake gives the wealth management firm a direct holding of 29,382 shares in the vehicle remarketing company. Based on the filing details, the position had a reported value of $801,541. Because this is a brand-new holding for the firm, it represents an initiation rather than an adjustment to a previous investment.

Other Institutional Activity in Copart

Other large institutional investors adjusted their holdings in Copart around the same period. Trexquant Investment grew its holdings by 1,416,355 shares, ending with 2,064,558 shares worth about $58,199,891. PineStone Asset Management decreased its position by 1,887,894 shares, ending with 6,025,813 shares valued at $164,384,179. Bank Of New York Mellon Corporation reduced its stake by 3,143,373 shares to finish with 17,334,626 shares worth roughly $502,704,154. Deutsche Bank AG lifted its holdings by 4,608,026 shares, wrapping up the period with 15,481,141 shares valued at about $448,953,089.

Copart, Inc. Stock Up 5.2%

Copart shares recently traded around $29.01 on October 24, 2026, sitting below the 50-day moving average of $29.90 and the 200-day moving average of $32.67. On the filing date of October 22, 2026, the stock closed at $29.09. The company's shares have ranged between a 52-week low of $25.72 and a 52-week high of $45.26.

Recent Earnings

Copart posted trailing twelve-month revenue of $4.67 billion alongside earnings of $1.55 per share. The company generated a net profit margin of 31.8% and a return on equity of 16.2%. Its next financial results are scheduled for release on November 19, 2026.

Insider Buying and Selling at Copart, Inc.

Insiders at Copart have been active sellers over the past several months. Chief Executive Officer Jeffrey Liaw disposed of 26,213 shares on April 15, 2026, and later sold 27,745 shares at an average price of $30.49 for a total value of $845,945 on July 28, 2026. Director Daniel J Englander sold 80,000 shares at an average price of $27.55, totaling $2,204,000 on July 13, 2026. More recently, Director Diane M Morefield sold 20,000 shares at an average price of $27.66 for a total value of $553,200 on October 15, 2026.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock in recent weeks. On September 11, 2026, Barrington Research upgraded the stock to an Outperform rating with a $40.00 price target. Baird maintained its Outperform rating on September 11, 2026, while lowering its target from $42.00 to $38.00. Freedom Broker maintained a buy rating on September 14, 2026, adjusting its target from $39.00 to $36.00. HSBC downgraded the stock to a Hold rating with a $36.00 target on September 17, 2026. BNP Paribas reiterated an Outperform rating on September 28, 2026, raising its target from $40.00 to $43.00. Analysts overall maintain a consensus buy rating on the company with a mean price target of $39.00 across 10 analyst opinions.

About Copart

Copart, Inc. operates online auctions and provides vehicle remarketing services. It connects buyers and sellers through virtual internet bidding technology across multiple countries, handling vehicles for insurance companies, dealerships, and fleet operators.

Bottom Line

Fifth Third Wealth Advisors joins a mix of institutional investors taking positions in Copart as the company approaches its next earnings announcement on November 19, 2026. Observers will be watching to see how upcoming financial results influence both institutional flows and analyst sentiment.