A Director at Corvel is Exercising Options


Today, a Director at Corvel, Judd Jessup, exercised options of Corvel (NASDAQ: CRVL) for $90K.

Following Judd Jessup’s last CRVL Buy transaction on February 18, 2016, the stock climbed by 9.3%. This recent transaction increases Judd Jessup’s holding in the company by 9.17% to a total of $3.78 million.

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Based on Corvel’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $141 million and quarterly net profit of $9.57 million. In comparison, last year the company earned revenue of $134 million and had a net profit of $7.99 million. CRVL’s market cap is $997.1M and the company has a P/E ratio of 29.04. Currently, Corvel has an average volume of 12.38K.

Judd Jessup’s trades have generated a -5.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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CorVel Corp. engages in managed care services. The firm provides worker’s compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes.

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