Copart Inc. share holdings cut by Manufacturers Life and CEO Liaw

The Manufacturers Life Insurance Company reduced its stake in Copart Inc. by about 61%, selling roughly 1.93 million shares and leaving it with 1.23 million shares, representing about 0.13% of the company and valued at roughly $41 million.

Separately, Copart CEO Jeffrey Liaw sold 27,745 shares at an average price of $30.49, generating about $846,000 in proceeds and decreasing his personal holding by nearly 22% to 99,641 shares, worth around $3 million. Both transactions were disclosed in SEC filings. Copart, a NASDAQ‑listed vehicle‑services provider, trades near $29.60 per share with a market capitalization of about $27.4 billion.