CorVel Co. (NASDAQ:CRVL) Chairman V Gordon Clemons sold 5,566 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $82.41, for a total transaction of $458,694.06. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
V Gordon Clemons also recently made the following trade(s):
- 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 transaction of $5,346.00.
- 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 transaction of $222,780.00.
CRVL traded down $0.77 on Friday, hitting $81.66. 81,389 shares of the stock were exchanged, compared to its average volume of 59,980. CorVel Co. has a 12 month low of $50.29 and a 12 month high of $83.50. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 33.32 and a beta of 0.64.
Separately, BidaskClub raised shares of CorVel from a “hold” rating to a “buy” rating in a research report on Thursday, February 14th.
Several hedge funds have recently bought and sold shares of CRVL. Quantamental Technologies LLC bought a new position in shares of CorVel in the fourth quarter worth about $25,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of CorVel in the first quarter worth about $30,000. Financial Gravity Wealth Inc. bought a new position in shares of CorVel in the first quarter worth about $48,000. SEI Investments Co bought a new position in shares of CorVel in the first quarter worth about $59,000. Finally, BNP Paribas Arbitrage SA lifted its holdings in shares of CorVel by 818.3% in the first quarter. BNP Paribas Arbitrage SA now owns 2,103 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,874 shares during the last quarter. 46.22% of the stock is owned by hedge funds and other institutional investors.
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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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