Insider Selling: CorVel Co. (NASDAQ:CRVL) EVP Sells $114,750.00 in Stock

CorVel Co. (NASDAQ:CRVLGet Rating) EVP Mark E. Bertels sold 750 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $153.00, for a total value of $114,750.00. Following the completion of the sale, the executive vice president now owns 850 shares of the company’s stock, valued at approximately $130,050. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

CorVel Stock Performance

Shares of CRVL stock opened at $148.70 on Monday. CorVel Co. has a fifty-two week low of $129.19 and a fifty-two week high of $213.38. The stock has a 50 day moving average price of $150.05 and a two-hundred day moving average price of $151.75. The company has a market capitalization of $2.57 billion, a P/E ratio of 41.08 and a beta of 1.02.

Institutional Trading of CorVel

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Castle Wealth Management LLC bought a new stake in CorVel in the second quarter valued at approximately $32,000. Eagle Bay Advisors LLC bought a new stake in CorVel in the second quarter valued at approximately $34,000. Paragon Wealth Strategies LLC bought a new stake in CorVel in the third quarter valued at approximately $39,000. FourThought Financial LLC bought a new stake in CorVel in the first quarter valued at approximately $44,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in CorVel in the first quarter valued at approximately $45,000. Institutional investors own 50.55% of the company’s stock.

Analysts Set New Price Targets

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

CorVel Company 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.

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Insider Buying and Selling by Quarter for CorVel (NASDAQ:CRVL)

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