CorVel Co. (NASDAQ:CRVL) VP Michael Saverien sold 3,900 shares of the firm’s stock in a transaction on Friday, November 16th. The stock was sold at an average price of $65.10, for a total value of $253,890.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Michael Saverien also recently made the following trade(s):

  • On Tuesday, November 13th, Michael Saverien sold 1,000 shares of CorVel stock. The stock was sold at an average price of $65.03, for a total value of $65,030.00.

Shares of NASDAQ CRVL traded down $1.31 during mid-day trading on Tuesday, reaching $64.13. The company had a trading volume of 18,600 shares, compared to its average volume of 33,463. CorVel Co. has a one year low of $46.45 and a one year high of $67.10. The stock has a market capitalization of $1.22 billion, a P/E ratio of 28.81 and a beta of 0.54.

Separately, BidaskClub upgraded CorVel from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 30th.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in CorVel by 7.4% in the second quarter. BlackRock Inc. now owns 1,438,498 shares of the business services provider’s stock valued at $77,679,000 after acquiring an additional 98,761 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CorVel by 0.4% during the third quarter. Dimensional Fund Advisors LP now owns 795,977 shares of the business services provider’s stock worth $47,957,000 after purchasing an additional 3,190 shares during the last quarter. BTIM Corp. grew its holdings in shares of CorVel by 5.0% during the second quarter. BTIM Corp. now owns 137,778 shares of the business services provider’s stock worth $7,440,000 after purchasing an additional 6,583 shares during the last quarter. Ancora Advisors LLC grew its holdings in shares of CorVel by 11.8% during the third quarter. Ancora Advisors LLC now owns 131,461 shares of the business services provider’s stock worth $7,921,000 after purchasing an additional 13,839 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of CorVel by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 126,738 shares of the business services provider’s stock worth $7,636,000 after purchasing an additional 1,498 shares during the last quarter. Hedge funds and other institutional investors own 45.47% of the company’s stock.

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

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