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

Last updated on Wednesday, June 16, 2021 | 2021 MarketBeat

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 1,000 shares of the stock in a transaction that occurred on Monday, June 14th. The shares were sold at an average price of $122.80, for a total transaction of $122,800.00. Following the completion of the transaction, the chairman now directly owns 901,000 shares of the company's stock, valued at $110,642,800. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Friday, June 11th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $121.45, for a total transaction of $121,450.00.
  • On Wednesday, June 9th, V Gordon Clemons sold 1,500 shares of CorVel stock. The shares were sold at an average price of $123.74, for a total transaction of $185,610.00.
  • On Monday, June 7th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $118.50, for a total transaction of $118,500.00.
  • On Thursday, June 3rd, V Gordon Clemons sold 2,500 shares of CorVel stock. The stock was sold at an average price of $122.80, for a total transaction of $307,000.00.
  • On Thursday, May 6th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $116.35, for a total transaction of $116,350.00.
  • On Tuesday, May 4th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $117.92, for a total transaction of $353,760.00.
  • On Thursday, April 29th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $116.12, for a total transaction of $348,360.00.
  • On Monday, April 26th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $118.07, for a total transaction of $354,210.00.
  • On Wednesday, April 21st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $116.72, for a total transaction of $116,720.00.
  • On Monday, April 19th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $111.57, for a total transaction of $111,570.00.

CorVel stock traded down $1.39 during trading on Wednesday, reaching $121.78. The company had a trading volume of 32,695 shares, compared to its average volume of 43,117. The company has a 50-day moving average of $117.62. CorVel Co. has a 1-year low of $65.86 and a 1-year high of $126.90. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 47.76 and a beta of 1.00.

CorVel (NASDAQ:CRVL) last released its quarterly earnings results on Thursday, May 27th. The business services provider reported $0.81 earnings per share (EPS) for the quarter. CorVel had a net margin of 8.39% and a return on equity of 22.32%. The firm had revenue of $145.51 million for the quarter.

A number of institutional investors have recently added to or reduced their stakes in CRVL. Captrust Financial Advisors lifted its holdings in CorVel by 5,380.0% in the 1st quarter. Captrust Financial Advisors now owns 274 shares of the business services provider's stock valued at $28,000 after purchasing an additional 269 shares in the last quarter. Group One Trading L.P. purchased a new position in CorVel in the 1st quarter valued at $31,000. O Shaughnessy Asset Management LLC lifted its holdings in CorVel by 387.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 400 shares of the business services provider's stock valued at $41,000 after purchasing an additional 318 shares in the last quarter. Vantage Consulting Group Inc purchased a new position in CorVel in the 4th quarter valued at $49,000. Finally, Lazard Asset Management LLC lifted its holdings in CorVel by 97.4% in the 1st quarter. Lazard Asset Management LLC now owns 689 shares of the business services provider's stock valued at $70,000 after purchasing an additional 340 shares in the last quarter. 48.73% of the stock is currently owned by hedge funds and other institutional investors.

About CorVel

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs.

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