Insider Selling: CorVel Co. (CRVL) Chairman Sells $61,700.00 in Stock

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,000 shares of the stock in a transaction on Friday, January 4th. The stock was sold at an average price of $61.70, for a total value of $61,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

V Gordon Clemons also recently made the following trade(s):

  • On Tuesday, January 8th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $62.50, for a total value of $187,500.00.
  • On Wednesday, January 2nd, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $61.44, for a total value of $61,440.00.
  • On Tuesday, December 31st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $62.26, for a total value of $62,260.00.
  • On Friday, December 28th, V Gordon Clemons sold 2,000 shares of CorVel stock. The stock was sold at an average price of $61.54, for a total value of $123,080.00.
  • On Monday, December 24th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $60.22, for a total value of $60,220.00.
  • On Wednesday, December 26th, V Gordon Clemons sold 2,000 shares of CorVel stock. The stock was sold at an average price of $60.13, for a total value of $120,260.00.
  • On Friday, December 21st, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $60.49, for a total value of $60,490.00.
  • On Wednesday, December 19th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $62.56, for a total value of $125,120.00.
  • On Friday, December 14th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $65.06, for a total value of $130,120.00.
  • On Monday, December 17th, V Gordon Clemons sold 5,100 shares of CorVel stock. The shares were sold at an average price of $65.42, for a total value of $333,642.00.

CRVL stock opened at $61.87 on Friday. CorVel Co. has a fifty-two week low of $46.45 and a fifty-two week high of $70.73. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 27.40 and a beta of 0.66.



CorVel (NASDAQ:CRVL) last posted its earnings results on Tuesday, October 30th. The business services provider reported $0.67 earnings per share for the quarter. CorVel had a return on equity of 24.51% and a net margin of 7.39%. The company had revenue of $148.18 million for the quarter.

Separately, BidaskClub downgraded CorVel from a “strong-buy” rating to a “buy” rating in a report on Friday, October 5th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. United Services Automobile Association raised its stake in shares of CorVel by 16.3% in the second quarter. United Services Automobile Association now owns 121,449 shares of the business services provider’s stock worth $6,558,000 after buying an additional 17,035 shares during the period. Legal & General Group Plc raised its stake in CorVel by 4.7% during the 2nd quarter. Legal & General Group Plc now owns 21,784 shares of the business services provider’s stock valued at $1,173,000 after purchasing an additional 979 shares during the period. Matarin Capital Management LLC purchased a new position in CorVel during the 3rd quarter valued at approximately $3,739,000. Ancora Advisors LLC grew its holdings in CorVel by 11.8% during the 3rd quarter. Ancora Advisors LLC now owns 131,461 shares of the business services provider’s stock valued at $7,921,000 after buying an additional 13,839 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in CorVel by 30.3% during the 3rd quarter. Victory Capital Management Inc. now owns 7,999 shares of the business services provider’s stock valued at $482,000 after buying an additional 1,859 shares in the last quarter. 45.64% of the stock is currently owned by hedge funds and other institutional investors.

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About CorVel

CorVel Corporation provides workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. It applies technology, intelligence, and a human touch to the risk management process that enables its clients to intervene early and connected to the critical intelligence they need to proactively manage risk.

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Insider Buying and Selling by Quarter for CorVel (NASDAQ:CRVL)

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