Mark E. Bertels, Executive Vice President of Risk Management Services at CorVel Corp (NASDAQ:CRVL), reported a significant stock transaction on December 5, 2024. Bertels sold 350 shares of CorVel Corp common stock at an average price of $357.35 per share, totaling approximately $125,071. The transaction comes as CorVel, a $6 billion market cap company, trades near its 52-week high after posting a remarkable 42% gain year-to-date. According to InvestingPro analysis, the stock currently trades above its Fair Value with a P/E ratio of 73.
On the same day, Bertels exercised options to acquire 350 shares at $52.69 per share, which were subsequently sold. Following these transactions, Bertels holds 860 shares of CorVel Corp common stock. InvestingPro data reveals 12 additional investment tips for CRVL, including insights about its high returns and valuation multiples. Subscribers can access detailed analysis and Fair Value calculations to make informed investment decisions.
These recent transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission.
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