Maxim Shishin Sells Shares of CorVel Corporation
CorVel's CIO Maxim Shishin sold 2,250 shares on June 12, 2026.
Key Points
- Maxim Shishin, CorVel's CIO, sold 2,250 shares worth $136,327.50 on June 12, 2026.
- CorVel Corporation's stock traded near $58.89 with a market cap of approximately $3.06 billion.
- BlackRock increased its stake in CorVel by 82,181 shares, while Kayne Anderson Rudnick reduced its holding by 118,660 shares.
Maxim Shishin, the Chief Information Officer of CorVel Corporation, sold 2,250 shares of the company on June 12, 2026. The shares were sold at an average price of $60.59, amounting to a total transaction value of $136,327.50. This sale was not made under a pre-planned trading arrangement.
Insider Buying and Selling at CorVel Corporation
On June 12, 2026, Maxim Shishin, CorVel's CIO, sold 2,250 shares at $60.59 each, totaling $136,327.50. Additionally, CorVel's CEO Michael Combs sold 500 shares on the same date at $60.79 under a planned sale. Judd Jessup also sold 2,153 shares at $60.79 on June 11, 2026.
Other Institutional Activity in CorVel Corporation
Several institutional investors adjusted their positions in CorVel Corporation recently. BlackRock, Inc. increased its holdings by 82,181 shares, bringing its total to 4,876,896 shares valued at approximately $266.5 million. Kayne Anderson Rudnick Investment Management LLC trimmed its stake by 118,660 shares, leaving it with 4,870,989 shares worth about $266.2 million. Vanguard Portfolio Management LLC initiated a new position with 1,691,399 shares valued at $92.4 million. Renaissance Technologies LLC reduced its position by 68,500 shares, ending with 1,617,830 shares worth around $88.4 million. State Street Corp added 29,619 shares, totaling 1,209,191 shares valued at $66.1 million.
CorVel Corporation Stock Snapshot
Shares of NasdaqGS:CRVL traded near $58.89. CorVel Corporation has a market capitalization of approximately $3.06 billion and a P/E ratio of 28.2. The stock's beta is 0.981, indicating its volatility is slightly lower than the market. Over the past year, the stock has traded between $44.83 and $105.69. Its 50-day moving average is $57.94, while the 200-day moving average is $65.55. The company maintains a current ratio of 2.03 and a quick ratio of 1.47, with a debt-to-equity ratio of 7.13.
Recent Earnings
CorVel Corporation reported revenue of approximately $958.5 million, reflecting a growth of 7.4%. The company achieved a net margin of 11.5% and a return on equity of 30.8%. Earnings per share stood at $2.14. The next earnings report is scheduled for August 4, 2026.
About CorVel Corporation
CorVel Corporation, based in Fort Worth, Texas, provides a range of services including workers' compensation, liability management, and medical payment solutions. The company leverages technology like AI to manage healthcare costs more efficiently. CorVel offers services such as medical fee auditing, claims management, and network solutions to employers, insurance companies, and government agencies. Founded in 1987, the company is led by CEO Michael G. Combs and employs over 5,200 people.
Bottom Line
Maxim Shishin's recent sale of CorVel shares highlights ongoing insider activity at the company. Investors often track such transactions for potential insights into management's view of the company's prospects. Although insider sales can sometimes raise eyebrows, they are not uncommon and can occur for various personal reasons. As always, it's important to remember that 13F filings and insider transactions are backward-looking and might not reflect the current state of holdings.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.