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Copart Rises as ACV Deal Clears Key Antitrust Hurdle

Investivoq PriceTracker

Copart (CPRT) is up 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is fresh progress on Copart’s pending acquisition of ACV Auctions after the required U.S. antitrust waiting period expired. That appears to have eased some deal-completion uncertainty and improved sentiment around Copart’s push into adjacent vehicle remarketing channels.

Details:

  • Copart disclosed on October 14, 2026 that the Hart-Scott-Rodino waiting period tied to its planned ACV acquisition expired on October 13, satisfying an important closing condition.
  • The company’s cash tender offer for ACV was set to expire at 5:00 p.m. Eastern Time on October 15, leaving investors focused on whether the transaction could move closer to completion.
  • Copart announced in September that it would buy ACV for $10.50 per share in cash, valuing the target at about $1.9 billion and expanding Copart into the dealer-to-dealer auction channel.
  • This bounce may also reflect relief after a weak stretch for the stock, with traders responding positively to a concrete regulatory milestone even though other closing conditions still remain.

    • Sources:

    Copart, SEC, InsideArbitrage

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $CPRT Insider Trading Activity

    CPRT Insider Trades

    $CPRT insiders have traded $CPRT stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

    Here’s a breakdown of recent trading of $CPRT stock by insiders over the last 6 months:

    • DANIEL J ENGLANDER sold 80,000 shares for an estimated $2,204,000
    • JEFFREY LIAW (Chief Executive Officer) sold 27,745 shares for an estimated $845,945

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $CPRT Hedge Fund Activity

    We have seen 476 institutional investors add shares of $CPRT stock to their portfolio, and 557 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • PRINCIPAL FINANCIAL GROUP INC removed 30,538,054 shares (-96.5%) from their portfolio in Q2 2026, for an estimated $860,867,742
    • INVESCO LTD. added 21,099,519 shares (+177.0%) to their portfolio in Q2 2026, for an estimated $594,795,440
    • VICTORY CAPITAL MANAGEMENT INC removed 7,809,137 shares (-91.5%) from their portfolio in Q2 2026, for an estimated $220,139,572
    • JPMORGAN CHASE & CO added 6,264,037 shares (+inf%) to their portfolio in Q2 2026, for an estimated $176,583,203
    • MARSHALL WACE, LLP added 5,823,599 shares (+436.4%) to their portfolio in Q2 2026, for an estimated $164,167,255
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 5,451,393 shares (+inf%) to their portfolio in Q2 2026, for an estimated $153,674,768
    • CAPITAL INTERNATIONAL INVESTORS removed 5,011,050 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $141,261,499

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.