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

By Carrie Williams

Yesterday, the COB of CorVel Corporation (CRVLResearch Report), Gordon V. Clemons, sold shares of CRVL for $458.6K.

In addition to Gordon V. Clemons, 7 other CRVL executives reported Sell trades in the last month. Following Gordon V. Clemons’ last CRVL Sell transaction on June 05, 2019, the stock climbed by 4.4%.

See today’s analyst top recommended stocks >>

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 33.19. Currently, CorVel Corporation has an average volume of 81.88K.

The insider sentiment on CorVel Corporation has been negative according to 127 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Gordon V. Clemons’ trades have generated a -16.6% 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.