Insider Selling: Corvel Corp. Director Unloads 12,000 Shares of Stock (CRVL)
Corvel Corp. (NASDAQ:CRVL) Director Steven Hamerslag sold 12,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $34.89, for a total transaction of $418,680.00. Following the transaction, the director now directly owns 128,548 shares of the company’s stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Corvel Corp. (NASDAQ:CRVL) traded up 1.36% during mid-day trading on Wednesday, hitting $35.65. 20,293 shares of the company’s stock traded hands. Corvel Corp. has a 1-year low of $20.155 and a 1-year high of $37.29. The stock’s 50-day moving average is $34.26 and its 200-day moving average is $28.22. The company has a market cap of $755.0 million and a P/E ratio of 27.10.
Corvel Corp. (NASDAQ:CRVL) last announced its earnings results on Tuesday, July 30th. The company reported $0.29 EPS for the quarter. The company had revenue of $104.61 million for the quarter, compared to the consensus estimate of $118.11 million.
CorVel Corporation (NASDAQ:CRVL) is a provider of risk management solutions to employers, third party administrators, insurance companies and government agencies.
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