CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons Sells 2,000 Shares

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 2,000 shares of the company’s stock in a transaction dated Monday, October 11th. The shares were sold at an average price of $169.26, for a total value of $338,520.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Wednesday, October 13th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $168.62, for a total value of $337,240.00.
  • On Friday, October 8th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $173.72, for a total value of $347,440.00.
  • On Wednesday, October 6th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $167.71, for a total value of $335,420.00.
  • On Monday, October 4th, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $190.57, for a total value of $381,140.00.
  • On Friday, October 1st, V Gordon Clemons sold 2,000 shares of CorVel stock. The shares were sold at an average price of $184.55, for a total value of $369,100.00.
  • On Tuesday, September 7th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $168.00, for a total value of $168,000.00.
  • On Friday, September 3rd, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $169.00, for a total value of $169,000.00.
  • On Wednesday, September 1st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $166.37, for a total value of $166,370.00.
  • On Monday, August 30th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $162.00, for a total value of $162,000.00.
  • On Thursday, August 26th, V Gordon Clemons sold 1,500 shares of CorVel stock. The stock was sold at an average price of $157.20, for a total value of $235,800.00.

CRVL stock opened at $168.97 on Thursday. The stock’s 50 day simple moving average is $168.52 and its 200 day simple moving average is $139.12. CorVel Co. has a fifty-two week low of $78.63 and a fifty-two week high of $195.00. The company has a market cap of $3.01 billion, a P/E ratio of 56.14 and a beta of 0.99.

CorVel (NASDAQ:CRVL) last issued its quarterly earnings data on Tuesday, August 3rd. The business services provider reported $0.92 EPS for the quarter. The firm had revenue of $152.62 million during the quarter. CorVel had a return on equity of 25.47% and a net margin of 9.54%.

Institutional investors have recently modified their holdings of the company. Captrust Financial Advisors raised its stake in shares of CorVel by 5,380.0% in the first quarter. Captrust Financial Advisors now owns 274 shares of the business services provider’s stock worth $28,000 after purchasing an additional 269 shares during the last quarter. Paragon Wealth Strategies LLC purchased a new stake in shares of CorVel in the second quarter worth approximately $38,000. O Shaughnessy Asset Management LLC raised its stake in shares of CorVel by 387.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 400 shares of the business services provider’s stock worth $41,000 after purchasing an additional 318 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of CorVel by 97.4% in the first quarter. Lazard Asset Management LLC now owns 689 shares of the business services provider’s stock worth $70,000 after purchasing an additional 340 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of CorVel by 122.7% in the first quarter. Federated Hermes Inc. now owns 1,345 shares of the business services provider’s stock worth $138,000 after purchasing an additional 741 shares during the last quarter. 49.63% of the stock is owned by hedge funds and other institutional investors.

CorVel Company Profile

CorVel Corp. engages in the provision of workers’ compensation solutions for employers, third party administrators, insurance companies, and government agencies. It operates the Managed Care segment. The company was founded by V. Clemons Gordon Sr. in 1987 and is headquartered in Irvine, CA.

Featured Article: Trading Strategy Examples and Plans

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

Receive News & Ratings for CorVel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CorVel and related companies with MarketBeat.com's FREE daily email newsletter.