Texas Permanent School Fund Has $995,000 Stock Holdings in CorVel Co. (NASDAQ:CRVL)

Texas Permanent School Fund boosted its position in CorVel Co. (NASDAQ:CRVLGet Rating) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,757 shares of the business services provider’s stock after buying an additional 99 shares during the quarter. Texas Permanent School Fund’s holdings in CorVel were worth $995,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ancora Advisors LLC grew its stake in CorVel by 377.9% in the first quarter. Ancora Advisors LLC now owns 18,251 shares of the business services provider’s stock valued at $1,872,000 after purchasing an additional 14,432 shares in the last quarter. Vanguard Group Inc. grew its stake in CorVel by 1.1% in the first quarter. Vanguard Group Inc. now owns 1,111,277 shares of the business services provider’s stock valued at $187,184,000 after purchasing an additional 12,430 shares in the last quarter. State Street Corp grew its stake in CorVel by 3.8% in the first quarter. State Street Corp now owns 318,373 shares of the business services provider’s stock valued at $53,627,000 after purchasing an additional 11,548 shares in the last quarter. Victory Capital Management Inc. grew its stake in CorVel by 30.2% in the first quarter. Victory Capital Management Inc. now owns 35,837 shares of the business services provider’s stock valued at $5,908,000 after purchasing an additional 8,315 shares in the last quarter. Finally, Prudential Financial Inc. grew its stake in CorVel by 13.0% in the first quarter. Prudential Financial Inc. now owns 55,486 shares of the business services provider’s stock valued at $9,346,000 after purchasing an additional 6,367 shares in the last quarter. Institutional investors and hedge funds own 50.55% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on CorVel in a research note on Wednesday, October 12th. They issued a “buy” rating for the company.

Insider Transactions at CorVel

In other news, EVP Mark E. Bertels sold 750 shares of CorVel stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $153.00, for a total transaction of $114,750.00. Following the completion of the transaction, the executive vice president now directly owns 850 shares in the company, valued at approximately $130,050. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Mark E. Bertels sold 750 shares of CorVel stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $153.00, for a total transaction of $114,750.00. Following the completion of the transaction, the executive vice president now directly owns 850 shares in the company, valued at approximately $130,050. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman V Gordon Clemons sold 1,000 shares of CorVel stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $172.00, for a total value of $172,000.00. Following the transaction, the chairman now owns 445,920 shares of the company’s stock, valued at $76,698,240. The disclosure for this sale can be found here. In the last three months, insiders sold 5,751 shares of company stock worth $915,210. 48.56% of the stock is owned by company insiders.

CorVel Trading Down 1.0 %

Shares of NASDAQ CRVL opened at $148.70 on Friday. CorVel Co. has a 12 month low of $129.19 and a 12 month high of $213.38. The stock has a 50 day moving average of $150.05 and a 200-day moving average of $151.79. The company has a market capitalization of $2.57 billion, a P/E ratio of 41.08 and a beta of 1.02.

CorVel Profile

(Get Rating)

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. 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.

See Also

Institutional Ownership by Quarter for CorVel (NASDAQ:CRVL)

Receive News & Ratings for CorVel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CorVel and related companies with MarketBeat.com's FREE daily email newsletter.