CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,000 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $85.71, for a total value of $85,710.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, August 13th, V Gordon Clemons sold 2,000 shares of CorVel stock. The stock was sold at an average price of $88.15, for a total value of $176,300.00.
  • On Thursday, August 15th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $87.08, for a total value of $261,240.00.
  • On Wednesday, June 12th, V Gordon Clemons sold 66 shares of CorVel stock. The stock was sold at an average price of $81.00, for a total value of $5,346.00.
  • On Friday, June 14th, V Gordon Clemons sold 5,566 shares of CorVel stock. The stock was sold at an average price of $82.41, for a total value of $458,694.06.
  • On Tuesday, June 4th, V Gordon Clemons sold 3,000 shares of CorVel stock. The shares were sold at an average price of $74.26, for a total value of $222,780.00.

Shares of NASDAQ CRVL opened at $84.89 on Friday. The business’s 50 day moving average price is $88.20 and its 200 day moving average price is $75.16. The firm has a market cap of $1.57 billion, a P/E ratio of 33.38 and a beta of 0.72. CorVel Co. has a 52 week low of $52.30 and a 52 week high of $93.96. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.43.

CorVel (NASDAQ:CRVL) last issued its earnings results on Tuesday, July 30th. The business services provider reported $0.71 EPS for the quarter. The firm had revenue of $150.14 million for the quarter. CorVel had a return on equity of 24.76% and a net margin of 8.12%.

Separately, BidaskClub upgraded CorVel from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 19th.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its position in CorVel by 21.2% in the second quarter. Royal Bank of Canada now owns 15,917 shares of the business services provider’s stock valued at $1,385,000 after buying an additional 2,780 shares during the last quarter. Nuveen Asset Management LLC purchased a new stake in CorVel in the second quarter valued at approximately $4,119,000. Price T Rowe Associates Inc. MD boosted its position in CorVel by 12.5% in the second quarter. Price T Rowe Associates Inc. MD now owns 277,600 shares of the business services provider’s stock valued at $24,154,000 after buying an additional 30,925 shares during the last quarter. Citadel Advisors LLC boosted its position in CorVel by 31.2% in the second quarter. Citadel Advisors LLC now owns 33,457 shares of the business services provider’s stock valued at $2,911,000 after buying an additional 7,957 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its position in CorVel by 42.6% in the second quarter. D. E. Shaw & Co. Inc. now owns 11,861 shares of the business services provider’s stock valued at $1,032,000 after buying an additional 3,546 shares during the last quarter. Hedge funds and other institutional investors own 47.57% 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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