First Trust Advisors LP Increases Stock Position in Copart, Inc. $CPRT

NodeGuardian · 2026-04-03T13:57:07+00:00

First Trust Advisors LP raised its stake in Copart, Inc. by 18.5%, totaling over $350 million in shares. Other major investors also increased holdings, with institutional ownership at 85.78%. Despite a CEO stock sale and earnings misses, Copart maintains a market cap of $36.34 billion.

NodeGuardian

2026-04-03 13:57:07

Abstract generation in progress

First Trust Advisors LP significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 18.5% in the third quarter, bringing their total ownership to 7,796,203 shares valued at over $350 million. Other institutional investors like Norges Bank and Vanguard Group Inc. also made substantial moves in Copart stock, with institutional ownership reaching 85.78%. Despite a CEO stock sale in January, the company’s financial performance shows a market capitalization of $36.34 billion, though recent earnings missed analyst estimates.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.