Copart (CPRT) Director Diane M Morefield Sells $553K of Stock

By TradeTexts Research Desk Oct 19, 2026, 5:02 PM EDT

Key Points

Copart, Inc. director Diane M Morefield sold 20,000 shares at $27.66 per share on October 15, 2026, for a total value of $553,200.
The transaction reduced her direct stake by 28.6% down to 50,000 shares.
Copart reports trailing-twelve-month revenue of $4.7 billion and net income margins of 31.8% ahead of its upcoming November earnings release.

Since the trade, $CPRT is up 0.4% to date (from the $27.75 close on Oct 15, 2026).

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Copart, Inc. director Diane M Morefield sold 20,000 shares of the company on October 15, 2026. The transaction was disclosed in a Form 4 filing with the SEC.

CPRT Copart, Inc.

$27.87 -26.21% year to date

Daily close · Oct 16, 2026

Inside Diane M Morefield's CPRT Trade

Morefield executed the sale at a price of $27.66 per share, generating about $553,200 in total value. Following this transaction, her direct holdings dropped by 28.6% from 70,000 shares down to 50,000 shares. The stock closed at $27.75 on the day of the trade.

Other Institutional Activity in Copart, Inc.

Other large funds have also adjusted their positions in the automotive auction firm recently. PineStone Asset Management trimmed its holdings by 1,887,894 shares, ending with 6,025,813 shares worth about $164.4 million as of October 16, 2026. Trexquant Investment added 1,416,355 shares to reach 2,064,558 shares valued at roughly $58.2 million. Bank Of New York Mellon Corporation lowered its stake by 3,143,373 shares to hold 17,334,626 shares worth $476.9 million. Deutsche Bank AG grew its position by 4,608,026 shares, finishing with 15,481,141 shares valued at about $425.9 million.

Copart, Inc. Stock Up 4.7%

The shares recently traded around $27.50 as of October 19, 2026, down slightly from the event-day close. The stock trades below its 50-day moving average of $30.04 and sits well under its 52-week high of $45.89.

Recent Earnings

Copart reported trailing-twelve-month revenue of $4.7 billion and earnings of $1.55 per share. The company posted a net margin of 31.8% and a return on equity of 16.2%, alongside a year-over-year revenue growth rate of 2.4%. Investors look toward the next earnings report scheduled for November 19, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

C 59/100

Reported May 21, 2026

Forward outlook
Analyst view held steady after the report.
EPS & revenue
EPS beat estimates by 3.8%. Revenue beat estimates by 1.5%.
Profit surprise
EBITDA beat by 9 percent. Operating income beat by 11 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
Earnings quality
Gross margin up 0.7 points. Positive free cash flow.

Earnings Call Summary

Copart reported second quarter revenue of $1.24 billion, up 0.4 percent excluding catastrophic units from the year before. U.S. insurance units fell 4.8 percent but average selling prices rose 9 percent, showing Copart's marketplace advantage. Management cited ongoing consumer underinsurance and lower claims activity, but noted total loss frequency reached 24.2 percent, supporting long-term growth. They invested over $500 million in share buybacks this fiscal year and maintained nearly $6.4 billion in liquidity with no debt.

Guidance Copart did not provide formal guidance for future quarters or fiscal year 2026. Management expects industry cycles to drive policy changes and premium growth as insurance carriers reinvest in growth following recent rate increases.

Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.

Insider Buying and Selling at Copart, Inc.

Executive and director trading over the past year included sales by CEO Jeffrey Liaw and director Daniel J Englander.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock recently, with Barrington Research upgrading the shares to an outperform rating with a $40 price target on September 11, 2026. Baird maintained an outperform rating with a $38 target, and HSBC downgraded the stock to hold with a $36 target in September.

About Copart, Inc.

Copart operates virtual bidding and online auction platforms that process and remarket vehicles for insurers, banks, and dealers across the globe. Headquartered in Dallas, Texas, the company manages vehicle inventory through digital technology.

Bottom Line

The transaction leaves Morefield with 50,000 shares. Market participants will watch the upcoming November earnings report for fresh updates on auction volumes and financial results.