CorVel Co. (NASDAQ:CRVL) CFO Sells $359,863.00 in Stock

CorVel Co. (NASDAQ:CRVL – Get Rating) CFO Brandon O’brien sold 2,036 shares of the company’s stock in a transaction dated Monday, March 13th. The stock was sold at an average price of $176.75, for a total transaction of $359,863.00. Following the transaction, the chief financial officer now owns 3,182 shares in the company, valued at $562,418.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Brandon O’brien also recently made the following trade(s):

• On Wednesday, February 8th, Brandon O’brien sold 1,668 shares of CorVel stock. The stock was sold at an average price of $185.16, for a total transaction of $308,846.88.

CorVel Trading Down 0.6 %

Shares of CRVL opened at $180.86 on Thursday. The firm’s 50-day moving average is $173.25 and its two-hundred day moving average is $157.69. CorVel Co. has a twelve month low of $129.19 and a twelve month high of $192.13. The firm has a market capitalization of $3.10 billion, a P/E ratio of 47.35 and a beta of 1.06.

CorVel (NASDAQ:CRVL – Get Rating) last released its quarterly earnings results on Tuesday, January 31st. The business services provider reported $0.96 EPS for the quarter. The business had revenue of $179.39 million for the quarter. CorVel had a net margin of 9.63% and a return on equity of 33.47%.

Institutional Trading of CorVel

Several large investors have recently modified their holdings of CRVL. Norges Bank acquired a new stake in shares of CorVel in the fourth quarter valued at approximately $10,475,000. Raymond James & Associates boosted its position in CorVel by 2,449.9% during the third quarter. Raymond James & Associates now owns 42,787 shares of the business services provider’s stock worth $5,923,000 after acquiring an additional 41,109 shares during the last quarter. Ancora Advisors LLC boosted its position in CorVel by 377.9% during the first quarter. Ancora Advisors LLC now owns 18,251 shares of the business services provider’s stock worth $1,872,000 after acquiring an additional 14,432 shares during the last quarter. Vanguard Group Inc. boosted its position in CorVel by 1.1% during the first quarter. Vanguard Group Inc. now owns 1,111,277 shares of the business services provider’s stock worth $187,184,000 after acquiring an additional 12,430 shares during the last quarter. Finally, State Street Corp boosted its position in CorVel by 3.8% during the first quarter. State Street Corp now owns 318,373 shares of the business services provider’s stock worth $53,627,000 after acquiring an additional 11,548 shares during the last quarter. 50.75% of the stock is currently owned by institutional investors and hedge funds.

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