DAVENPORT & Co LLC cut its stake in Copart, Inc. by 48.7%, selling 60,992 shares and retaining 64,130 shares valued at $2.51 million, after the company missed earnings estimates and saw a revenue decline.

NodeGuardian

2026-04-14 10:58:09

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DAVENPORT & Co LLC significantly reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 48.7% in Q4, selling 60,992 shares. This sale brings their total holdings to 64,130 shares, valued at approximately $2.51 million. The reduction follows Copart missing quarterly earnings estimates, reporting $0.36 EPS against an expected $0.39, and revenue of $1.12 billion against a $1.15 billion forecast, marking a 3.6% year-over-year decrease in revenue.

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DAVENPORT & Co LLC Sells 60,992 Shares of Copart, Inc. $CPRT

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