V Gordon Clemons Sells 1,500 Shares of CorVel Co. (NASDAQ:CRVL) Stock

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,500 shares of CorVel stock in a transaction on Friday, June 26th. The stock was sold at an average price of $70.67, for a total value of $106,005.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, June 29th, V Gordon Clemons sold 1,500 shares of CorVel stock. The shares were sold at an average price of $71.86, for a total value of $107,790.00.
  • On Monday, June 22nd, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $66.93, for a total value of $66,930.00.
  • On Wednesday, June 24th, V Gordon Clemons sold 3,000 shares of CorVel stock. The shares were sold at an average price of $67.07, for a total value of $201,210.00.
  • On Wednesday, June 17th, V Gordon Clemons sold 1,500 shares of CorVel stock. The shares were sold at an average price of $69.84, for a total value of $104,760.00.
  • On Friday, June 19th, V Gordon Clemons sold 3,500 shares of CorVel stock. The shares were sold at an average price of $68.96, for a total value of $241,360.00.
  • On Friday, May 29th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $66.53, for a total value of $66,530.00.
  • On Wednesday, May 27th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $65.21, for a total value of $65,210.00.

NASDAQ:CRVL opened at $72.55 on Wednesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $1.27 billion, a P/E ratio of 28.56 and a beta of 0.91. CorVel Co. has a 12 month low of $44.67 and a 12 month high of $96.45. The business’s 50-day moving average is $63.50 and its 200 day moving average is $70.50.

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

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisor Group Holdings Inc. purchased a new position in CorVel during the first quarter worth $76,000. Ensign Peak Advisors Inc purchased a new stake in shares of CorVel during the first quarter valued at $109,000. Denali Advisors LLC purchased a new stake in shares of CorVel during the first quarter valued at $147,000. CWM Advisors LLC purchased a new stake in shares of CorVel during the first quarter valued at $182,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of CorVel during the fourth quarter valued at $202,000. 45.27% of the stock is currently owned by hedge funds and other institutional investors.

About CorVel

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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