Algert Global LLC raised its holdings in shares of CorVel Co. (NASDAQ:CRVL) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,960 shares of the business services provider’s stock after acquiring an additional 3,617 shares during the quarter. Algert Global LLC owned approximately 0.18% of CorVel worth $1,847,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Texas Permanent School Fund raised its holdings in CorVel by 0.8% during the second quarter. Texas Permanent School Fund now owns 7,122 shares of the business services provider’s stock valued at $338,000 after acquiring an additional 59 shares during the period. Municipal Employees Retirement System of Michigan raised its holdings in CorVel by 3.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,310 shares of the business services provider’s stock valued at $110,000 after acquiring an additional 80 shares during the period. Wells Fargo & Company MN raised its holdings in CorVel by 1.3% during the second quarter. Wells Fargo & Company MN now owns 8,534 shares of the business services provider’s stock valued at $405,000 after acquiring an additional 106 shares during the period. Bessemer Group Inc. grew its position in shares of CorVel by 2.2% during the second quarter. Bessemer Group Inc. now owns 8,382 shares of the business services provider’s stock valued at $398,000 after purchasing an additional 182 shares in the last quarter. Finally, Stevens Capital Management LP grew its position in shares of CorVel by 3.9% during the second quarter. Stevens Capital Management LP now owns 5,292 shares of the business services provider’s stock valued at $251,000 after purchasing an additional 200 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub upgraded CorVel from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 19th.

In other news, insider Maxim Shishin sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $57.26, for a total transaction of $57,260.00. Following the completion of the transaction, the insider now owns 1,000 shares in the company, valued at $57,260. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 50.96% of the company’s stock.

CorVel Co. (NASDAQ:CRVL) opened at $57.35 on Friday. The firm has a market capitalization of $1,049.54, a PE ratio of 33.15 and a beta of 0.72. CorVel Co. has a 12-month low of $34.90 and a 12-month high of $61.20.

CorVel (NASDAQ:CRVL) last issued its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.44 earnings per share for the quarter. The firm had revenue of $136.43 million during the quarter. CorVel had a return on equity of 22.68% and a net margin of 6.01%.

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CorVel Company Profile

CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers.

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Institutional Ownership by Quarter for CorVel (NASDAQ:CRVL)

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