Director COHAN STEVEN D sold 100,000 shares ($6.0M) in 2 transactions at $60.01, exiting position entirely
Steven D. Cohan, Director at COPART INC, executed 2 separate sales totaling 100,000 shares for $6,001,000.00 at $60.01 per share on 2025-04-11 and 2025-04-14, reducing his holdings from 100.0K shares to 0 shares post-transaction (-100.0%). The transaction price of $60.01 is near the current price of $60.45 and within the 52-week range ($49.19–$63.80), indicating execution near current market levels. Notably, Cohan's prior sell at CPRT on 2023-05-30 showed strong 90-day timing with a -50.5% return, placing it in the well-timed category (1 of 1 prior sells at this ticker met the 90-day benchmark). The complete liquidation of a director's full position is a material corporate governance signal, regardless of price-action context, and warrants attention given the company's fundamental backdrop (revenue $1.2B, net income $387.4M, P/E 40.03).