Liaw Jeffrey, an insider at Copart Inc (CPRT), sold 31,332 shares of the company's stock at a price of $44.79 per share on October 14, 2025. This transaction, valued at $1.40 million, leaves Jeffrey with 31,332 shares still held in the company.
Copart, headquartered in Dallas, Texas, provides online auctions and vehicle remarketing services. The firm operates more than 200 locations across 11 countries, processing over 175,000 vehicles for auction daily. As of November 20, 2025, Copart boasts a market capitalisation of $40.0 billion and a price-to-earnings ratio of 25.79, with earnings per share at 1.59.
Insider selling can stem from various personal or strategic reasons, including diversification, tax planning, or liquidity needs. While significant selling activity may attract investor attention, it does not inherently signal negative sentiment towards the company.
The sale of shares by insiders is a routine occurrence and must be reported to the SEC, providing transparency regarding executive actions. Investors are encouraged to consider patterns of insider transactions over time, rather than focusing solely on isolated events, to gain a more comprehensive view of insider sentiment.