V Gordon Clemons Sells 1,500 Shares of CorVel Co. (NASDAQ:CRVL) Stock

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,500 shares of CorVel stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $70.67, for a total value of $106,005.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Monday, June 29th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $71.86, for a total value of $107,790.00.
  • On Monday, June 22nd, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $66.93, for a total value of $66,930.00.
  • On Wednesday, June 24th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $67.07, for a total value of $201,210.00.
  • On Wednesday, June 17th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $69.84, for a total value of $104,760.00.
  • On Friday, June 19th, V Gordon Clemons sold 3,500 shares of CorVel stock. The stock was sold at an average price of $68.96, for a total value of $241,360.00.
  • On Friday, May 29th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $66.53, for a total value of $66,530.00.
  • On Wednesday, May 27th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $65.21, for a total value of $65,210.00.

CorVel stock opened at $72.55 on Wednesday. CorVel Co. has a fifty-two week low of $44.67 and a fifty-two week high of $96.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $1.27 billion, a P/E ratio of 28.56 and a beta of 0.91. The stock has a 50-day simple moving average of $63.50 and a 200-day simple moving average of $70.50.

CorVel (NASDAQ:CRVL) last posted its earnings results on Wednesday, May 27th. The business services provider reported $0.64 earnings per share for the quarter. CorVel had a return on equity of 24.06% and a net margin of 8.00%. The business had revenue of $147.02 million during the quarter.

Several research firms have recently weighed in on CRVL. TheStreet raised CorVel from a “c+” rating to a “b” rating in a report on Thursday, June 25th. BidaskClub raised CorVel from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, ValuEngine raised CorVel from a “sell” rating to a “hold” rating in a report on Tuesday, March 24th.

A number of institutional investors and hedge funds have recently bought and sold shares of CRVL. Advisor Group Holdings Inc. purchased a new stake in CorVel during the 1st quarter valued at approximately $76,000. Ensign Peak Advisors Inc purchased a new stake in CorVel during the 1st quarter valued at approximately $109,000. Denali Advisors LLC purchased a new stake in CorVel during the 1st quarter valued at approximately $147,000. CWM Advisors LLC purchased a new stake in CorVel during the 1st quarter valued at approximately $182,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in CorVel during the 4th quarter valued at approximately $202,000. 45.27% of the stock is owned by hedge funds and other institutional investors.

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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