Franklin Resources Inc. Lowers Position in Copart, Inc. $CPRT
Franklin Resources Inc. significantly decreased its stake in Copart, Inc. by 8.6% in the third quarter, selling 431,996 shares. Despite this, other institutional investors like Mirae Asset Global Investments and California Public Employees Retirement System increased their holdings. Wall Street analysts currently have a "Hold" rating on Copart with a consensus target price of $44.40, following recent downgrades from some firms.
https://www.marketbeat.com/instant-alerts/filing-franklin-resources-inc-lowers-position-in-copart-inc-cprt-2026-03-13/