Copart(US:CPRT) The Motley Fool·2025-10-15 02:23Company Overview - Copart provides online auctions and vehicle remarketing services, including virtual bidding, salvage estimation, and end-of-life vehicle processing across North America, Europe, and select international markets [5][7] - The company operates a digital marketplace facilitating the sale and purchase of vehicles, generating revenue through transaction fees, service charges, and value-added offerings such as vehicle transportation and title processing [5][6] - As of October 13, 2025, Copart's market capitalization is $43.41 billion, with a revenue of $4.65 billion and a net income of $1.55 billion [4] Recent Developments - Argent Capital Management LLC reduced its holding in Copart by 1,262,984 shares during Q3 2025, with an estimated trade value of $59.52 million based on the average price for the quarter [1][2] - Following this reduction, Argent's remaining position in Copart is 162,339 shares, which now represents only 0.2% of the firm's reportable assets under management [2][3] - Copart's stock price as of October 13, 2025, was $44.07, reflecting a 20% decline over the one-year period and underperforming the S&P 500 by 36 percentage points [3] Financial Performance - Copart's revenue growth has slowed down significantly, with annual growth rates dropping from 15% over the last decade to 5% in the most recent quarter [11] - The company's stock has experienced a 30% decline from its high this year, which may have influenced Argent's decision to reduce its stake [11][10] - Despite the recent downturn, Copart still trades at 28 times earnings, indicating a potentially high valuation relative to its current performance [12]