The CMO of CorVel Corporation (NASDAQ: CRVL) is Selling Shares

By Carrie Williams

Yesterday, the CMO of CorVel Corporation (CRVLResearch Report), Diane Blaha, sold shares of CRVL for $1.3M.

Following Diane Blaha’s last CRVL Sell transaction on August 06, 2018, the stock climbed by 25.5%. In addition to Diane Blaha, 9 other CRVL executives reported Sell trades in the last month.

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Based on CorVel Corporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $151 million and quarterly net profit of $11.84 million. In comparison, last year the company earned revenue of $144 million and had a net profit of $8.96 million. CRVL’s market cap is $1.52B and the company has a P/E ratio of 33.38. Currently, CorVel Corporation has an average volume of 66.98K.

The insider sentiment on CorVel Corporation has been negative according to 128 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Diane Blaha’s trades have generated a -19.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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