Insider Trends: Insider Sales Add to 90-Day Trend at CorVel Corp
06:11 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Director and Chairman of The Board, V Gordon Clemons, executed a sale of 3,000 shares in CorVel Corp (CRVL) for $353,817. After the Form 4 filing with the SEC, Clemons controls a total of 1,513,650 shares of company stock, with 901,000 shares held directly and 612,650 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $180.9 million.
During the most recent 90-day period, previous to the date of this filing, there have been 42 insider transactions reported to the SEC for CorVel Corp. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 155,701 company shares. Relative to the preceding 90-day window of time, there were 25 transactions from 6 insiders that resulted in the net disposition of 28,761 shares.
This is below the average for insider transactions in the 54-company Healthcare Facilities & Services peer group over the last 90-day period. Within the peer group activity averaged 110.3 transactions per company, and disposition of 3,667 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/874866/000094672421000031/xslF345X03/edgardoc.xml
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.