Michael Saverien Sells 1,000 Shares of CorVel Co. (CRVL) Stock
CorVel Co. (NASDAQ:CRVL) VP Michael Saverien sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 13th. The stock was sold at an average price of $65.03, for a total value of $65,030.00. Following the sale, the vice president now directly owns 6,377 shares in the company, valued at $414,696.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of CRVL traded up $0.27 during mid-day trading on Friday, reaching $65.02. 258 shares of the company’s stock traded hands, compared to its average volume of 33,576. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 28.09 and a beta of 0.54. CorVel Co. has a 12 month low of $46.45 and a 12 month high of $67.10.
Separately, BidaskClub raised CorVel from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 30th.
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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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