CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons Sells 1,000 Shares

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,000 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $85.71, for a total value of $85,710.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Wednesday, September 11th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $82.18, for a total value of $82,180.00.
  • On Monday, September 9th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $86.13, for a total value of $86,130.00.
  • On Wednesday, September 4th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $85.63, for a total value of $85,630.00.
  • On Thursday, August 29th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $83.57, for a total value of $250,710.00.
  • On Wednesday, August 21st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $85.45, for a total value of $85,450.00.
  • 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 stock was sold at an average price of $74.26, for a total value of $222,780.00.

CRVL opened at $79.51 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 31.92 and a beta of 0.73. The business has a 50-day moving average of $85.58 and a two-hundred day moving average of $77.13. CorVel Co. has a 12 month low of $52.30 and a 12 month high of $93.96.

CorVel (NASDAQ:CRVL) last posted its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.71 EPS for the quarter. The company had revenue of $150.14 million during 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 report on Friday, July 19th.

A number of institutional investors and hedge funds have recently bought and sold shares of CRVL. Point72 Asset Management L.P. purchased a new stake in CorVel in the 2nd quarter valued at about $26,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in CorVel in the 1st quarter valued at about $30,000. DekaBank Deutsche Girozentrale purchased a new stake in CorVel in the 2nd quarter valued at about $35,000. Quantamental Technologies LLC grew its holdings in CorVel by 74.3% in the 1st quarter. Quantamental Technologies LLC now owns 697 shares of the business services provider’s stock valued at $45,000 after buying an additional 297 shares during the period. Finally, Financial Gravity Wealth Inc. purchased a new stake in CorVel in the 1st quarter valued at about $48,000. Institutional investors own 47.71% of the company’s stock.

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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