CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 2,600 shares of the firm’s stock in a transaction on Thursday, November 8th. The shares were sold at an average price of $65.16, for a total transaction of $169,416.00. Following the completion of the transaction, the chairman now directly owns 1,890,812 shares of the company’s stock, valued at $123,205,309.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, November 6th, V Gordon Clemons sold 3,000 shares of CorVel stock. The shares were sold at an average price of $62.34, for a total transaction of $187,020.00.
  • On Thursday, November 1st, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $58.34, for a total transaction of $58,340.00.
  • On Tuesday, October 30th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $57.53, for a total transaction of $57,530.00.
  • On Wednesday, October 10th, V Gordon Clemons sold 2,000 shares of CorVel stock. The stock was sold at an average price of $57.81, for a total transaction of $115,620.00.
  • On Wednesday, October 3rd, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $57.91, for a total transaction of $57,910.00.
  • On Friday, October 5th, V Gordon Clemons sold 2,587 shares of CorVel stock. The stock was sold at an average price of $57.76, for a total transaction of $149,425.12.
  • On Monday, October 1st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $60.00, for a total transaction of $60,000.00.
  • On Thursday, September 27th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $60.07, for a total transaction of $180,210.00.
  • On Monday, September 24th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $58.54, for a total transaction of $58,540.00.
  • On Friday, September 21st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $59.68, for a total transaction of $59,680.00.

CRVL stock traded down $0.88 during midday trading on Friday, reaching $63.99. 22,080 shares of the company were exchanged, compared to its average volume of 35,340. CorVel Co. has a one year low of $46.45 and a one year high of $66.33. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 28.56 and a beta of 0.54.

Separately, BidaskClub cut shares of CorVel from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 9th.

A number of hedge funds have recently added to or reduced their stakes in CRVL. UBS Group AG boosted its position in CorVel by 57.2% during the first quarter. UBS Group AG now owns 18,574 shares of the business services provider’s stock worth $939,000 after purchasing an additional 6,756 shares during the period. Legal & General Group Plc boosted its position in CorVel by 20.1% during the first quarter. Legal & General Group Plc now owns 20,805 shares of the business services provider’s stock worth $1,045,000 after purchasing an additional 3,475 shares during the period. Principal Financial Group Inc. boosted its position in CorVel by 3.1% during the first quarter. Principal Financial Group Inc. now owns 77,515 shares of the business services provider’s stock worth $3,918,000 after purchasing an additional 2,363 shares during the period. Allianz Asset Management GmbH boosted its position in CorVel by 87.9% during the first quarter. Allianz Asset Management GmbH now owns 10,437 shares of the business services provider’s stock worth $528,000 after purchasing an additional 4,883 shares during the period. Finally, BTIM Corp. boosted its position in shares of CorVel by 5.0% in the second quarter. BTIM Corp. now owns 137,778 shares of the business services provider’s stock valued at $7,440,000 after acquiring an additional 6,583 shares during the period. 45.03% of the stock is owned by hedge funds and other institutional investors.

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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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