CorVel (CRVL) Plunges 3.09% Amid Insider Trading Concerns

CorVel (CRVL) shares fell 0.24% today, marking the second consecutive day of decline, with a total drop of 3.09% over the past two days. The stock price hit its lowest level since December 2020, experiencing an intraday decline of 2.06%.

The strategy of buying CRVL shares after they reached a recent low and selling after one week resulted in a 93.08% return, significantly outperforming the benchmark return of 59.24%. The strategy had a maximum drawdown of 0.00%, indicating it effectively avoided losses, and a Sharpe ratio of 1.07, suggesting a good risk-adjusted return. The volatility was 27.59%, which, combined with the maximum drawdown of 0.00%, indicates the strategy managed risk well.

On July 23, 2025, insider trading activity involving Jeffrey J. Michael, a Director and 10% owner of CorVel, was reported. This activity can significantly influence investors' perceptions and potentially impact the stock price. Insider trading often raises concerns about the company's internal operations and future prospects, leading to increased volatility in the stock market. Investors closely monitor such activities as they can provide insights into the company's management's confidence in its future performance.