Brandon O’brien Sells 1,000 Shares of CorVel Co. (NASDAQ:CRVL) Stock

CorVel Co. (NASDAQ:CRVLGet Free Report) CFO Brandon O’brien sold 1,000 shares of CorVel stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $276.95, for a total value of $276,950.00. Following the transaction, the chief financial officer now owns 7,305 shares of the company’s stock, valued at $2,023,119.75. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

CorVel Trading Down 1.6 %

Shares of CRVL stock opened at $240.15 on Friday. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 54.58 and a beta of 1.08. The firm has a 50-day moving average price of $251.23 and a 200 day moving average price of $240.44. CorVel Co. has a twelve month low of $187.92 and a twelve month high of $281.41.

Analyst Ratings Changes

Separately, StockNews.com downgraded CorVel from a “buy” rating to a “hold” rating in a research report on Monday.

Get Our Latest Stock Report on CorVel

Institutional Investors Weigh In On CorVel

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. lifted its stake in shares of CorVel by 474.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 178 shares of the business services provider’s stock valued at $47,000 after buying an additional 147 shares during the period. Spire Wealth Management lifted its stake in shares of CorVel by 815.0% during the 1st quarter. Spire Wealth Management now owns 366 shares of the business services provider’s stock worth $96,000 after purchasing an additional 326 shares during the period. AXS Investments LLC purchased a new position in shares of CorVel during the 4th quarter worth $189,000. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of CorVel during the fourth quarter worth $264,000. Finally, O Shaughnessy Asset Management LLC grew its position in shares of CorVel by 20.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,043 shares of the business services provider’s stock valued at $274,000 after purchasing an additional 177 shares during the period. 51.36% of the stock is currently owned by hedge funds and other institutional investors.

About CorVel

(Get Free Report)

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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