CRVLNasdaqInsurance Agents, Brokers & ServiceFiscal year ends March 31
CORVEL CORP
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$79.72+0.03 (+0.04%)
Close on Oct 19, 2026
- Market cap
- $4.06B
- P/E (TTM)
- 35.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
55.1%
28M of 51M shares
Institutional holders
289
41 new, 29 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 26 sales
Net sold $21.25M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Kayne Anderson Rudnick Investment Management, LLC | 4,991,080 | 9.70% | 13G (passive) amendment | Dec 31, 2025 |
| Jeffrey J. Michael | 19,490,523 | 38.00% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 1,459,423 | 8.50% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CRVL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,139,406 | 10.17% | $321.32M | +262,510 | 0.00% |
| Kayne Anderson Rudnick Investment Management LLC | 4,551,195 | 9.01% | $284.54M | −319,794 | 0.88% |
| Vanguard Portfolio Management LLC | 1,719,876 | 3.40% | $107.53M | +28,477 | 0.00% |
| Renaissance Technologies LLC | 1,529,530 | 3.03% | $95.63M | −88,300 | 0.13% |
| Vanguard Capital Management LLC | 1,298,302 | 2.57% | $81.17M | +1,310 | 0.00% |
| State Street Corp | 1,289,247 | 2.55% | $80.60M | +80,056 | 0.00% |
| Dimensional Fund Advisors LP | 1,136,109 | 2.25% | $71.03M | −24,444 | 0.01% |
| Geode Capital Management, LLC | 1,013,570 | 2.01% | $63.38M | +76,018 | 0.00% |
| Morgan Stanley | 655,700 | 1.30% | $40.99M | −39,206 | 0.00% |
| Wells Fargo & Company/Mn | 453,149 | 0.90% | $28.33M | −8,773 | 0.00% |
| Boston Trust Walden Corp | 415,013 | 0.82% | $25.95M | −20,012 | 0.20% |
| Northern Trust Corp | 410,412 | 0.81% | $25.66M | +30,816 | 0.00% |
| Owls Nest Partners IA, LLC | 407,671 | 0.81% | $25.49M | +59,342 | 8.27% |
| Algert Global LLC | 383,419 | 0.76% | $23.97M | +153,877 | 0.28% |
| Aqr Capital Management LLC | 358,999 | 0.71% | $22.44M | +228,958 | 0.01% |
| Charles Schwab Investment Management Inc | 312,845 | 0.62% | $19.56M | +36,370 | 0.00% |
| Raymond James Financial Inc | 271,516 | 0.54% | $16.98M | +39,850 | 0.00% |
| Goldman Sachs Group Inc | 251,733 | 0.50% | $15.74M | +57,026 | 0.00% |
| Marshall Wace, Llp | 221,883 | 0.44% | $13.87M | +57,920 | 0.01% |
| Vanguard Fiduciary Trust Co | 219,291 | 0.43% | $13.71M | +6,707 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 289 | 28M | 55.1% | 41 / 132 | 72 / 29 | 2M | 1M |
| Q1 2026 | 282 | 27M | 53.6% | 46 / 131 | 79 / 45 | 6M | 2M |
| Q4 2025 | 285 | 27M | 53.6% | 40 / 106 | 107 / 35 | 2M | 2M |
| Q3 2025 | 284 | 27M | 54.2% | 36 / 131 | 83 / 46 | 2M | 2M |
| Q2 2025 | 296 | 28M | 54.5% | 42 / 115 | 102 / 22 | 2M | 2M |
| Q1 2025 | 277 | 27M | 54.2% | 37 / 113 | 89 / 21 | 1M | 1M |
| Q4 2024 | 264 | 27M | 54.4% | 40 / 91 | 97 / 22 | 1M | 1M |
| Q3 2024 | 248 | 28M | 54.7% | 45 / 79 | 79 / 16 | 5M | 1M |
| Q2 2024 | 221 | 27M | 54.1% | 30 / 76 | 76 / 17 | 1M | 2M |
| Q1 2024 | 209 | 28M | 55.8% | 27 / 71 | 77 / 15 | 1M | 0M |
| Q4 2023 | 197 | 28M | 54.7% | 20 / 60 | 85 / 20 | 1M | 1M |
| Q3 2023 | 201 | 27M | 53.4% | 17 / 71 | 72 / 13 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CRVL | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,880,277 | 3.72% | $117.55M | 0.11% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 890,519 | 1.76% | $55.68M | 0.00% | Jun 30, 2026 |
| Virtus KAR Small-Cap Core Fund | 787,869 | 1.56% | $49.26M | 2.68% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 764,389 | 1.51% | $47.79M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 638,922 | 1.26% | $39.95M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 370,536 | 0.73% | $23.17M | 0.05% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 358,756 | 0.71% | $22.43M | 0.02% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 332,327 | 0.66% | $19.96M | 0.10% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 323,025 | 0.64% | $19.40M | 0.06% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 286,808 | 0.57% | $17.93M | 0.11% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 272,733 | 0.54% | $17.05M | 0.11% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 184,886 | 0.37% | $11.56M | 0.10% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 178,643 | 0.35% | $10.73M | 0.14% | Jul 31, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 173,326 | 0.34% | $10.84M | 0.13% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 161,648 | 0.32% | $9.98M | 0.02% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jennifer Yoss | Vice President of Accounting | 4,273 | 0.01% | Aug 24, 2026 |
| Michael G. Combs | CEO & President | 12,322 | 0.02% | Aug 10, 2026 |
| Brian S. Nichols | Chief Financial Officer | 56 | 0.00% | Aug 5, 2026 |
| Mark E. Bertels | EVP - Risk Management Services | 2,942 | 0.01% | Jul 30, 2026 |
| Sarah A. Scott | CEO and President | – | – | Jul 24, 2026 |
| Maxim Shishin | Chief Information Officer | 9,300 | 0.02% | Jun 15, 2026 |
| Brandon O'Brien | Chief Financial Officer | 8,948 | 0.02% | Sep 10, 2025 |
| R. Judd Jessup | Director | 111,798 | 0.22% | Sep 3, 2026 |
| Steven J. Hamerslag | Director | 515,659 | 1.02% | Aug 10, 2026 |
| Jeffrey J. Michael | Director, 10% owner | 559,721 | 1.11% | Aug 10, 2026 |
| Alan Hoops | Director | 146,905 | 0.29% | Aug 10, 2026 |
| Joanna M. Burkey | Director | – | – | Aug 10, 2026 |
| Holdings Inc Corstar | 10% owner | 18,517,108 | 36.66% | Sep 15, 2026 |
| V. Gordon Clemons | – | 2,709,060 | 5.36% | Feb 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Holdings Inc Corstar 10% owner | Sep 14, 2026 | Sale(10b5-1 plan) | −127,824 | $70.16 | $8.97M | 18,517,108 |
| Holdings Inc Corstar 10% owner | Sep 11, 2026 | Sale(10b5-1 plan) | −30,925 | $69.05 | $2.14M | 18,644,932 |
| Holdings Inc Corstar 10% owner | Sep 4, 2026 | Sale(10b5-1 plan) | −14,538 | $68.76 | $999.63K | 18,675,857 |
| Holdings Inc Corstar 10% owner | Sep 3, 2026 | Sale(10b5-1 plan) | −51,713 | $68.91 | $3.56M | 18,690,395 |
| R. Judd Jessup Director | Sep 1, 2026 | Sale | −4,023 | $70.07 | $281.89K | 111,798 |
| R. Judd Jessup Director | Aug 27, 2026 | Sale | −1,262 | $70.64 | $89.15K | 115,821 |
| R. Judd Jessup Director | Aug 26, 2026 | Sale | −1,562 | $70.71 | $110.45K | 117,083 |
| Jennifer Yoss Vice President of Accounting | Aug 20, 2026 | Option exercise | +2,100 | $65.72 | $138.01K | 4,273 |
| Jennifer Yoss Vice President of Accounting | Aug 20, 2026 | Sale | −2,100 | $70.92 | $148.93K | 2,173 |
| Brian S. Nichols Chief Financial Officer | Aug 4, 2026 | Option exercise | +51 | $52.65 | $2.69K | 56 |
| Brian S. Nichols Chief Financial Officer | Aug 4, 2026 | Tax withholding | −45 | $59.10 | $2.66K | 11 |
| Brian S. Nichols Chief Financial Officer | Aug 4, 2026 | Tax withholding | −1 | $59.10 | $59 | 10 |
| Alan Hoops Director | Jul 31, 2026 | Option exercise | +9,000 | $14.44 | $129.96K | 33,192 |
| Mark E. Bertels EVP - Risk Management Services | Jul 29, 2026 | Tax withholding | −634 | $62.25 | $39.47K | 2,942 |
| Mark E. Bertels EVP - Risk Management Services | Jul 29, 2026 | Tax withholding | −33 | $62.25 | $2.05K | 2,909 |
| Mark E. Bertels EVP - Risk Management Services | Jul 29, 2026 | Option exercise | +750 | $52.65 | $39.49K | 3,576 |
| Michael G. Combs CEO & President | Jun 12, 2026 | Sale(10b5-1 plan) | −500 | $60.79 | $30.40K | 12,322 |
| Maxim Shishin Chief Information Officer | Jun 12, 2026 | Option exercise | +2,250 | $52.65 | $118.46K | 9,300 |
| Maxim Shishin Chief Information Officer | Jun 12, 2026 | Sale | −2,250 | $60.59 | $136.33K | 7,050 |
| R. Judd Jessup Director | Jun 11, 2026 | Option exercise | +9,000 | $14.44 | $129.96K | 120,798 |
| R. Judd Jessup Director | Jun 11, 2026 | Tax withholding | −2,153 | $60.79 | $130.88K | 118,645 |
| Michael G. Combs CEO & President | Jun 11, 2026 | Sale(10b5-1 plan) | −7,000 | $60.55 | $423.85K | 12,822 |
| Michael G. Combs CEO & President | Jun 10, 2026 | Sale(10b5-1 plan) | −7,000 | $61.38 | $429.66K | 19,822 |
| Michael G. Combs CEO & President | Jun 9, 2026 | Sale(10b5-1 plan) | −7,000 | $60.90 | $426.30K | 26,822 |
| Jeffrey J. Michael Director, 10% owner | Jun 9, 2026 | Sale | −9,000 | $60.98 | $548.82K | 559,721 |
| Jeffrey J. Michael Director, 10% owner | Jun 9, 2026 | Option exercise | +9,000 | $14.44 | $129.96K | 568,721 |
| Michael G. Combs CEO & President | Jun 8, 2026 | Sale(10b5-1 plan) | −7,000 | $60.22 | $421.54K | 33,822 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Sale | −900 | $61.02 | $54.92K | 2,173 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Option exercise | +900 | $49.63 | $44.67K | 3,073 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Sale | −141 | $61.02 | $8.60K | 2,173 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Option exercise | +141 | $52.00 | $7.33K | 2,314 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Option exercise | +958 | $52.00 | $49.82K | 3,131 |
| Jennifer Yoss Vice President of Accounting | May 26, 2026 | Sale | −958 | $61.02 | $58.46K | 2,173 |
| Brian S. Nichols Chief Financial Officer | May 1, 2026 | Tax withholding | −1 | $57.53 | $58 | 5 |
| Brian S. Nichols Chief Financial Officer | May 1, 2026 | Option exercise | +18 | $39.83 | $717 | 18 |
| Brian S. Nichols Chief Financial Officer | May 1, 2026 | Tax withholding | −12 | $57.53 | $690 | 6 |
| Mark E. Bertels EVP - Risk Management Services | Apr 22, 2026 | Tax withholding | −736 | $56.76 | $41.78K | 2,920 |
| Mark E. Bertels EVP - Risk Management Services | Apr 22, 2026 | Option exercise | +1,050 | $39.83 | $41.82K | 3,656 |
| Mark E. Bertels EVP - Risk Management Services | Apr 22, 2026 | Tax withholding | −94 | $57.40 | $5.40K | 2,826 |
| Jennifer Yoss Vice President of Accounting | Mar 31, 2026 | Award | +50 | $51.92 | $2.60K | 2,173 |
| Michael G. Combs CEO & President | Mar 31, 2026 | Award | +62 | $51.92 | $3.22K | 40,822 |
| Mark E. Bertels EVP - Risk Management Services | Mar 31, 2026 | Award | +12 | $51.92 | $623 | 2,606 |
| Maxim Shishin Chief Information Officer | Mar 16, 2026 | Sale | −2,400 | $54.00 | $129.60K | 7,050 |
| Maxim Shishin Chief Information Officer | Mar 16, 2026 | Option exercise | +2,400 | $39.83 | $95.59K | 9,450 |
| Michael G. Combs CEO & President | Mar 9, 2026 | Sale | −8,013 | $54.00 | $432.70K | 40,760 |
| Steven J. Hamerslag Director | Feb 13, 2026 | Sale | −10,000 | $48.41 | $484.10K | 287,000 |
| Steven J. Hamerslag Director | Feb 12, 2026 | Sale | −10,000 | $47.17 | $471.70K | 297,000 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −21,175 | $68.14 | $1.44M | 50,900 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Option exercise | +27,750 | $52.00 | $1.44M | 72,075 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −2,306 | $68.14 | $157.13K | 48,594 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Option exercise | +156 | $34.44 | $5.37K | 48,750 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −78 | $68.14 | $5.31K | 48,672 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −29 | $68.14 | $1.98K | 48,643 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Option exercise | +501 | $39.83 | $19.95K | 49,144 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −292 | $68.14 | $19.90K | 48,852 |
| Michael G. Combs CEO & President | Jan 5, 2026 | Tax withholding | −79 | $68.14 | $5.38K | 48,773 |
| Steven J. Hamerslag Director | Dec 11, 2025 | Gift | −7,000 | – | – | 307,000 |
| Mark E. Bertels EVP - Risk Management Services | Nov 19, 2025 | Option exercise | +1,200 | $34.44 | $41.33K | 3,794 |
| Mark E. Bertels EVP - Risk Management Services | Nov 19, 2025 | Sale | −1,200 | $72.35 | $86.82K | 2,594 |
| R. Judd Jessup Director | Nov 11, 2025 | Sale | −7,076 | $76.94 | $544.43K | 115,045 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Holdings Inc Corstar 10% Stockholder, Affiliate | Sep 14, 2026 | 127,824 | $8.97M | Sep 14, 2026 | Founders Shares |
| Holdings Inc Corstar 10% Stockholder, Affiliate | Sep 11, 2026 | 29,556 | $2.04M | Sep 11, 2026 | Founders Shares |
| Holdings Inc Corstar 10% Stockholder, Affiliate | Sep 11, 2026 | 30,925 | $2.14M | Sep 11, 2026 | Founder Shares |
| Holdings Inc Corstar 10% Stockholder, Affiliate | Sep 4, 2026 | 14,538 | $996.29K | Sep 4, 2026 | Founders Shares |
| Holdings Inc Corstar 10% Stockholder, Affiliate | Sep 3, 2026 | 51,713 | $3.56M | Sep 3, 2026 | Founders Shares |
| R. Judd Jessup Director | Aug 24, 2026 | 6,847 | $486.48K | Aug 24, 2026 | Stock Option Exercise |
| Yoss Jennifer Officer | Aug 20, 2026 | 2,100 | $148.92K | Aug 20, 2026 | Stock Option Exercise |
| Shishin Maxim Officer | Jun 12, 2026 | 2,250 | $136.33K | Jun 12, 2026 | Stock Option Exercise |
| Michael Jeffrey Director | Jun 9, 2026 | 9,000 | $545.13K | Jun 9, 2026 | Stock Option |
| Combs Michael Officer | Jun 8, 2026 | 28,500 | $1.71M | Jun 8, 2026 | Previously Exercised Options |
| Yoss Jennifer Officer | May 26, 2026 | 1,999 | $121.98K | May 26, 2026 | Stock Option Exercise |
| Shishin Maxim Officer | Mar 16, 2026 | 2,400 | $129.60K | Mar 16, 2026 | Stock Option Exercise |
| G. Combs Michael Officer | Mar 9, 2026 | 8,013 | $432.70K | Mar 9, 2026 | Exercised Shares |
| J. Hamerslag Steven Director | Feb 12, 2026 | 20,000 | $939.60K | Feb 12, 2026 | Transfer |
| Bertels Mark Officer | Nov 19, 2025 | 1,200 | $86.82K | Nov 19, 2025 | Stock Option Exercise |