CorVel Corp. (NASDAQ:CRVL – Get Free Report) VP Jennifer Yoss sold 2,100 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $70.92, for a total value of $148,932.00. Following the sale, the vice president directly owned 2,173 shares of the company’s stock, valued at $154,109.16. This represents a 49.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Jennifer Yoss also recently made the following trade(s):
- On Tuesday, May 26th, Jennifer Yoss sold 1,999 shares of CorVel stock. The shares were sold at an average price of $61.02, for a total value of $121,978.98.
CorVel Stock Performance
CorVel stock opened at $71.23 on Tuesday. The business’s fifty day moving average is $62.52 and its two-hundred day moving average is $57.70. The firm has a market cap of $3.63 billion, a P/E ratio of 31.66 and a beta of 0.98. CorVel Corp. has a 52 week low of $44.83 and a 52 week high of $93.45.
Institutional Trading of CorVel
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRVL. California State Teachers Retirement System lifted its position in CorVel by 7,962.8% during the 2nd quarter. California State Teachers Retirement System now owns 2,350,314 shares of the business services provider’s stock valued at $146,942,000 after purchasing an additional 2,321,164 shares during the period. Nykredit A S bought a new stake in shares of CorVel during the second quarter worth approximately $80,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of CorVel by 1.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 78,890 shares of the business services provider’s stock worth $4,932,000 after buying an additional 1,116 shares during the last quarter. Empowered Funds LLC acquired a new position in CorVel in the second quarter valued at approximately $1,197,000. Finally, Corient Private Wealth LP acquired a new position in CorVel in the second quarter valued at approximately $3,183,000. 51.36% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of CorVel from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Wall Street Zen raised shares of CorVel from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on CorVel
About CorVel
CorVel Corporation (NASDAQ: CRVL) is a technology-driven provider of workers’ compensation, liability, and specialty risk management solutions. The company develops and deploys software and data analytics tools to streamline claims administration, medical cost containment, prescription drug management, and provider network access. CorVel’s integrated platform connects employers, insurers, healthcare providers, and injured workers, aiming to improve outcomes and control costs through process automation and real-time decision support.
The company’s product suite includes claims lifecycle management, bill review and negotiation, virtual care and telehealth services, pharmacy benefit management, and independent medical examinations (IMEs).
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