CorVel Corporation CRVL Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,000

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,012

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,923

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,000

Price:

$70.24
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-3,000

Price:

$216.90
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-480

Price:

$216.90
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

3,000

Price:

$34.77
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,500

Price:

$216.60
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-476

Price:

$216.60
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-539

Price:

$216.60

Filings by filing date

May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,000

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,012

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,923

Price:

$219.13
May 12, 2023 (filed on May 16, 2023)

Insider Name:

Combs Michael G

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,000

Price:

$70.24
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-3,000

Price:

$216.90
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-480

Price:

$216.90
May 11, 2023 (filed on May 15, 2023)

Insider Name:

Jessup R Judd

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

3,000

Price:

$34.77
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Non-Qualified Stock Option (right to buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,500

Price:

$216.60
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-476

Price:

$216.60
May 10, 2023 (filed on May 11, 2023)

Insider Name:

O'Brien Brandon

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-539

Price:

$216.60

News

Biz Brief

Sector: Healthcare	Industry: Healthcare Facilities & Services

See Regulatory Filings on SEC

Company Contact

Address:	SUITE 1020, 2010 MAIN STREE IRVINE CA 92614
Tel:	N/A
Website:	https://www.corvel.com
IR:	See website

Key People

V. Gordon Clemons Chairman of the Board	Michael G. Combs President, Chief Executive Officer	Brandon T. O'Brien Chief Financial Officer
Maxim Shishin Chief Information Officer	Jennifer L. Yoss Vice President - Accounting	Richard J. Schweppe Secretary

Business Overview

CorVel Corporation is engaged in applying technology, including artificial intelligence, machine learning, and natural language processing designed to address the management of episodes of care and the related health-care costs. The Company's services include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and Medicare services. It partners with employers, third party administrators (TPAs), insurance companies, and government agencies to assist its customers in managing the medical costs of workers compensation, group health, and auto insurance and in monitoring the quality of care provided to claimants. Its network solutions services include professional nurse review, expert fee negotiations, specialty networks, preferred provider organization management, medical bill repricing, automated adjudication, and electronic reimbursement. Its bill review services include coding review and re-bundling.

Financial Overview

For the fiscal year ended 31 March 2023, CorVel Corporation revenues increased 11% to $718.6M. Net income remained flat at $66.4M. Revenues reflect Patient management Services segment increase of 13% to $478.8M, Network Solution Services segment increase of 8% to $239.8M. Net income reflects Stock-based Compensation in SGA decrease of 5% to $3M (expense).

Employees:	4,444 as of Mar 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$3,434M as of Mar 31, 2023
Annual revenue (TTM):	$718.56M as of Mar 31, 2023
EBITDA (TTM):	$109.67M as of Mar 31, 2023
Net annual income (TTM):	$66.37M as of Mar 31, 2023
Free cash flow (TTM):	$55.97M as of Mar 31, 2023
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	17,141,997 as of May 23, 2023
Index Membership:	S&P 600 Small Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization