Corvel Corp. Chairman Unloads $81,000 in Stock (CRVL)
Corvel Corp. (NASDAQ:CRVL) Chairman V Gordon Clemons unloaded 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $40.50, for a total value of $81,000.00. Following the transaction, the chairman now directly owns 1,780,813 shares in the company, valued at approximately $72,122,927. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Corvel Corp. (NASDAQ:CRVL) traded up 1.19% during mid-day trading on Friday, hitting $40.76. 35,415 shares of the company’s stock traded hands. Corvel Corp. has a 52 week low of $32.89 and a 52 week high of $53.35. The stock has a 50-day moving average of $43.51 and a 200-day moving average of $46.5. The company has a market cap of $849.8 million and a P/E ratio of 25.17.
Corvel Corp. (NASDAQ:CRVL) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.39 EPS for the quarter. The company had revenue of $124.00 million for the quarter, compared to the consensus estimate of $118.00 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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