Is Corvel Corp (NASDAQ:CRVL) a Buy? The Stock Reported more Sellers

CorVel Corporation (NASDAQ:CRVL) Logo

Investors sentiment increased to 1.37 in 2018 Q2. Its up 0.04, from 1.33 in 2018Q1. It improved, as 8 investors sold CorVel Corporation shares while 33 reduced holdings. 17 funds opened positions while 39 raised stakes. 8.24 million shares or 2.34% more from 8.06 million shares in 2018Q1 were reported.
Btim Corporation, Massachusetts-based fund reported 137,778 shares. Rhumbline Advisers holds 0% or 26,382 shares in its portfolio. Vanguard Group Incorporated Inc has invested 0% in CorVel Corporation (NASDAQ:CRVL). Utd Automobile Association holds 0.01% of its portfolio in CorVel Corporation (NASDAQ:CRVL) for 81,361 shares. Public Employees Retirement Association Of Colorado stated it has 0% of its portfolio in CorVel Corporation (NASDAQ:CRVL). Mason Street Lc has 0% invested in CorVel Corporation (NASDAQ:CRVL). Piedmont Advsr Limited Co invested 0.01% in CorVel Corporation (NASDAQ:CRVL). Manufacturers Life Insurance Company The holds 7,299 shares. Cornerstone Incorporated accumulated 16 shares. Voya Inv Mngmt Ltd stated it has 0% of its portfolio in CorVel Corporation (NASDAQ:CRVL). Matarin Cap Mngmt Limited Liability Com holds 60,639 shares. Price T Rowe Md holds 0% or 238,127 shares. Parkside State Bank & holds 0% or 5 shares in its portfolio. Deutsche Bancorporation Ag accumulated 0% or 15,740 shares. Federated Investors Pa accumulated 1,269 shares.

Since June 5, 2018, it had 0 insider purchases, and 50 insider sales for $16.15 million activity. CLEMONS V GORDON also sold $66,345 worth of CorVel Corporation (NASDAQ:CRVL) shares. $5,463 worth of CorVel Corporation (NASDAQ:CRVL) was sold by Yoss Jennifer on Monday, November 26. 3,900 shares valued at $253,877 were sold by Saverien Michael on Friday, November 16. MICHAEL JEFFREY J had sold 6,000 shares worth $334,348. Shishin Maxim also sold $76,124 worth of CorVel Corporation (NASDAQ:CRVL) on Thursday, August 16. 3,000 shares were sold by JESSUP R JUDD, worth $197,674 on Tuesday, November 27.

The stock of Corvel Corp (NASDAQ:CRVL) registered an increase of 8.4% in short interest. CRVL’s total short interest was 86,500 shares in December as published by FINRA. Its up 8.4% from 79,800 shares, reported previously. With 26,700 shares average volume, it will take short sellers 3 days to cover their CRVL’s short positions. The short interest to Corvel Corp’s float is 1.09%.

The stock increased 0.38% or $0.25 during the last trading session, reaching $66.15. About 36,156 shares traded. CorVel Corporation (NASDAQ:CRVL) has risen 16.76% since December 7, 2017 and is uptrending. It has outperformed by 1.14% the S&P500.

CorVel Corporation provides medical cost containment and managed care services to address the medical costs of workersÂ’ compensation benefits, automobile insurance claims, and group health insurance benefits. The company has market cap of $1.24 billion. The firm offers network solutions, including automated medical fee auditing, preferred well-known provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It has a 29.27 P/E ratio. It also provides a range of patient management services comprising claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, life care planning, disability management, liability claims management, and auto claims management services.

More notable recent CorVel Corporation (NASDAQ:CRVL) news were published by: Seekingalpha.com which released: “Seeking Munger Cannibals Among U.S. And Asian Stocks – Seeking Alpha” on September 14, 2015, also Globenewswire.com with their article: “DPW Holdings Names Kenneth S. Cragun Chief Accounting Officer – GlobeNewswire” published on October 01, 2018, Thestreet.com published: “5 Companies With Stock Buyback Plans That Deliver Great Value – TheStreet.com” on February 09, 2017. More interesting news about CorVel Corporation (NASDAQ:CRVL) were released by: Globenewswire.com and their article: “CorVel Announces Quarterly Earnings Release Webcast Nasdaq:CRVL – GlobeNewswire” published on October 16, 2018 as well as Seekingalpha.com‘s news article titled: “Pacific Health Care Organization: Accelerating Revenue Growth And Margin Expansion At A Cheap Price – Seeking Alpha” with publication date: December 06, 2017.

CorVel Corporation (NASDAQ:CRVL) Institutional Positions Chart

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