CorVel Co. (CRVL) Chairman V Gordon Clemons Sells 2,600 Shares of Stock

CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 2,600 shares of the firm’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $65.16, for a total transaction of $169,416.00. Following the sale, the chairman now owns 1,890,812 shares in the company, valued at $123,205,309.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, November 6th, V Gordon Clemons sold 3,000 shares of CorVel stock. The stock was sold at an average price of $62.34, for a total transaction of $187,020.00.
  • On Thursday, November 1st, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $58.34, for a total transaction of $58,340.00.
  • On Tuesday, October 30th, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $57.53, for a total transaction of $57,530.00.
  • On Wednesday, October 10th, V Gordon Clemons sold 2,000 shares of CorVel stock. The stock was sold at an average price of $57.81, for a total transaction of $115,620.00.
  • On Wednesday, October 3rd, V Gordon Clemons sold 1,000 shares of CorVel stock. The stock was sold at an average price of $57.91, for a total transaction of $57,910.00.
  • On Friday, October 5th, V Gordon Clemons sold 2,587 shares of CorVel stock. The shares were sold at an average price of $57.76, for a total transaction of $149,425.12.
  • On Monday, October 1st, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00.
  • On Thursday, September 27th, V Gordon Clemons sold 3,000 shares of CorVel stock. The shares were sold at an average price of $60.07, for a total transaction of $180,210.00.
  • On Monday, September 24th, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $58.54, for a total transaction of $58,540.00.
  • On Friday, September 21st, V Gordon Clemons sold 1,000 shares of CorVel stock. The shares were sold at an average price of $59.68, for a total transaction of $59,680.00.

Shares of NASDAQ CRVL traded down $0.88 during midday trading on Friday, reaching $63.99. The company’s stock had a trading volume of 22,080 shares, compared to its average volume of 35,340. CorVel Co. has a fifty-two week low of $46.45 and a fifty-two week high of $66.33. The company has a market capitalization of $1.21 billion, a PE ratio of 28.56 and a beta of 0.54.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Piedmont Investment Advisors LLC acquired a new stake in shares of CorVel in the second quarter valued at approximately $121,000. SG Americas Securities LLC raised its holdings in shares of CorVel by 66.0% in the second quarter. SG Americas Securities LLC now owns 3,446 shares of the business services provider’s stock valued at $186,000 after purchasing an additional 1,370 shares during the last quarter. Eqis Capital Management Inc. acquired a new stake in shares of CorVel in the second quarter valued at approximately $437,000. Victory Capital Management Inc. raised its holdings in shares of CorVel by 30.3% in the third quarter. Victory Capital Management Inc. now owns 7,999 shares of the business services provider’s stock valued at $482,000 after purchasing an additional 1,859 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in shares of CorVel by 87.9% in the first quarter. Allianz Asset Management GmbH now owns 10,437 shares of the business services provider’s stock valued at $528,000 after purchasing an additional 4,883 shares during the last quarter. Institutional investors own 45.03% of the company’s stock.

Separately, BidaskClub upgraded shares of CorVel from a “buy” rating to a “strong-buy” rating in a report 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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Insider Buying and Selling by Quarter for CorVel (NASDAQ:CRVL)

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