CorVel Co. (NASDAQ:CRVL – Get Rating) EVP Mark E. Bertels sold 750 shares of the stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $153.00, for a total value of $114,750.00. Following the completion of the transaction, the executive vice president now directly owns 850 shares in the company, valued at approximately $130,050. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
CorVel Stock Performance
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 business’s 50-day moving average is $150.05 and its two-hundred day moving average is $151.75. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 41.08 and a beta of 1.02.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on CorVel in a report on Wednesday, October 12th. They issued a “buy” rating on the stock.
Institutional Trading of CorVel
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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