CorVel Co. (NASDAQ:CRVL) VP Jennifer Yoss sold 417 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $80.85, for a total value of $33,714.45. Following the transaction, the vice president now owns 506 shares of the company’s stock, valued at approximately $40,910.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Jennifer Yoss also recently made the following trade(s):
- On Thursday, June 6th, Jennifer Yoss sold 109 shares of CorVel stock. The shares were sold at an average price of $78.55, for a total value of $8,561.95.
Shares of NASDAQ:CRVL traded down $0.86 during trading hours on Friday, hitting $81.57. 3,778 shares of the company’s stock traded hands, compared to its average volume of 90,172. CorVel Co. has a 1 year low of $50.29 and a 1 year high of $83.50. The firm has a market capitalization of $1.52 billion, a PE ratio of 33.32 and a beta of 0.64.
CorVel (NASDAQ:CRVL) last announced its earnings results on Thursday, May 30th. The business services provider reported $0.63 earnings per share (EPS) for the quarter. CorVel had a return on equity of 24.61% and a net margin of 7.84%. The business had revenue of $151.08 million during the quarter.
Separately, BidaskClub upgraded CorVel from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th.
Institutional investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. bought a new stake in shares of CorVel during the fourth quarter valued at approximately $178,000. D. E. Shaw & Co. Inc. raised its stake in CorVel by 16.9% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,430 shares of the business services provider’s stock worth $273,000 after buying an additional 639 shares in the last quarter. Acadian Asset Management LLC raised its stake in CorVel by 148.0% in the fourth quarter. Acadian Asset Management LLC now owns 2,351 shares of the business services provider’s stock worth $146,000 after buying an additional 1,403 shares in the last quarter. Martingale Asset Management L P raised its stake in CorVel by 37.0% in the fourth quarter. Martingale Asset Management L P now owns 42,204 shares of the business services provider’s stock worth $2,606,000 after buying an additional 11,401 shares in the last quarter. Finally, Convergence Investment Partners LLC bought a new position in CorVel in the fourth quarter worth approximately $340,000. 46.22% of the stock is owned by hedge funds and other institutional investors.
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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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