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flag Capital Group boosted Copart shares despite insiders selling and a rating downgrade.

flag Singapore-based Capital Group Investment Management increased its Copart stock holdings by 1.7%, now owning 55,579 shares worth $3.19 million. flag Copart, an online auction and vehicle remarketing company, recently reported a strong quarter with earnings of $0.40 per share, beating estimates. flag However, Argus downgraded Copart's rating to "hold." flag Insiders have sold significant shares, totaling 200,000, over the last 90 days. flag Copart's stock has a one-year high of $64.38 and a low of $48.05.

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