Insider Selling: CorVel Co. (NASDAQ:CRVL) Chairman Sells 1,500 Shares of Stock

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $74.47, for a total transaction of $111,705.00. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Friday, July 10th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $73.19, for a total transaction of $109,785.00.
  • On Wednesday, July 8th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $73.21, for a total transaction of $109,815.00.
  • On Monday, July 6th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $73.28, for a total transaction of $109,920.00.
  • On Thursday, July 2nd, V Gordon Clemons sold 4,500 shares of CorVel stock. The stock was sold at an average price of $71.83, for a total transaction of $323,235.00.
  • 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 transaction of $107,790.00.
  • On Friday, June 26th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $70.67, for a total transaction of $106,005.00.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $241,360.00.

Shares of CRVL stock opened at $75.56 on Thursday. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 29.75 and a beta of 0.89. CorVel Co. has a one year low of $44.67 and a one year high of $96.45. The company’s fifty day moving average price is $69.53 and its 200-day moving average price is $69.70. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.56 and a quick ratio of 1.56.

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

CRVL has been the topic of several analyst reports. BidaskClub upgraded shares of CorVel from a “hold” rating to a “buy” rating in a research note on Tuesday, June 30th. TheStreet upgraded shares of CorVel from a “c+” rating to a “b” rating in a research note on Thursday, June 25th. Finally, ValuEngine upgraded shares of CorVel from a “sell” rating to a “hold” rating in a research note on Tuesday, March 24th.

Hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN raised its position in shares of CorVel by 388.9% during the 1st quarter. Wells Fargo & Company MN now owns 88,318 shares of the business services provider’s stock valued at $4,814,000 after purchasing an additional 70,254 shares during the period. Two Sigma Advisers LP raised its position in shares of CorVel by 8.4% during the 1st quarter. Two Sigma Advisers LP now owns 15,448 shares of the business services provider’s stock valued at $842,000 after purchasing an additional 1,200 shares during the period. UBS Group AG raised its position in shares of CorVel by 9.6% during the 4th quarter. UBS Group AG now owns 30,355 shares of the business services provider’s stock valued at $2,652,000 after purchasing an additional 2,668 shares during the period. Aviva PLC increased its holdings in CorVel by 184.5% in the 1st quarter. Aviva PLC now owns 69,170 shares of the business services provider’s stock valued at $3,770,000 after acquiring an additional 44,854 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in CorVel by 48.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,507 shares of the business services provider’s stock valued at $246,000 after acquiring an additional 1,470 shares during the last quarter. Hedge funds and other institutional investors own 45.48% of the company’s stock.

CorVel Company Profile

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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