Director Matt Blunt sold entire 50,000-share CPRT stake for $2.9M on Jan 2, now worth $2.8M at $56.58
Director Matt Blunt liquidated his complete 50,000-share position in COPART on 2025-01-02 at $57.66 per share for $2,883,000.00. The stock has since declined 8.9% over 30 days and now trades at $56.58, approximately 11.3% below its 52-week high of $63.80. Across his prior two sales at CPRT (on 2024-02-26 and 2023-10-03), neither proved well-timed at the 90-day mark, with subsequent returns of +12.1% and +5.0% respectively, indicating the stock generally moved upward after those exit points. This complete divestiture from a $54.5B market-cap company with recent quarterly net income of $362,086,000.00 and annual revenue growth of +9.5% removes his entire disclosed holding and represents a material shift in his ownership stake.