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CorVel’s CFO Cashes in on Stock Sale!

CorVel’s CFO Cashes in on Stock Sale!

New insider activity at CorVel ( (CRVL) ) has taken place on February 22, 2025.

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CFO Brandon O’Brien of CorVel has recently sold 1,512 shares of the company’s stock, amounting to a significant transaction valued at $177,720.

Recent Updates on CRVL stock

CorVel Corporation has announced the promotion of Sarah Scott to Executive Vice President of Product, where she will lead the company’s product vision and strategy. The company reported strong quarterly earnings for the period ending December 31, 2024, with revenues rising to $227.9 million from $202.3 million the previous year, and net income increasing to $23.8 million from $17.1 million. This financial performance highlights CorVel’s growth and stability in the managed care sector, driven by increased efficiency in cost management and strategic expansion of services. Additionally, the company announced a three-for-one forward stock split, aiming to enhance liquidity and attract a broader investor base. The positive earnings report and strategic initiatives have contributed to an optimistic outlook for the company’s future performance.

More about CorVel

YTD Price Performance: 4.68%

Average Trading Volume: 119,327

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.87B

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