CorVel’s CIO Maxim Shishin sells $259,416 in stock

Published 11/06/2025, 23:40
CorVel’s CIO Maxim Shishin sells $259,416 in stock

FORT WORTH, TX—On June 9, 2025, Maxim Shishin, the Chief Information Officer of CorVel Corp (NASDAQ:CRVL), executed a series of stock transactions, according to a recent SEC filing. Shishin sold 2,400 shares of CorVel’s common stock at a price of $108.09 per share, amounting to a total sale value of $259,416. The transaction occurred as the company, currently valued at $5.55 billion, maintains a "GREAT" financial health rating according to InvestingPro analysis.

In a related transaction, Shishin exercised stock options to acquire 2,400 shares at a price of $26.497 per share, resulting in a total acquisition value of $63,592. Following these transactions, Shishin holds 7,050 shares of CorVel’s common stock directly. The stock has demonstrated strong performance with a 37.84% return over the past year, though InvestingPro analysis indicates it’s trading at a high earnings multiple relative to peers.

These transactions reflect Shishin’s ongoing management of his equity holdings in the company, where he continues to serve as a key executive. The company maintains robust financials with a 23.42% gross profit margin and moderate debt levels. Discover more insights and 10+ additional ProTips with InvestingPro.

In other recent news, CorVel Corp announced its financial results for the fourth quarter of 2025, revealing a 12% increase in revenue to $232 million, alongside a 38% rise in earnings per share (EPS) to $0.51. For the fiscal year 2025, CorVel reported revenues of $896 million, marking a 13% increase, and an EPS of $1.83, which is a 24% rise from the previous year. The company attributed its strong performance to strategic investments in AI integration and operational efficiency, particularly noting a 24% revenue growth in network solutions. Despite these positive financial results, CorVel’s stock experienced a decline, reflecting possible investor concerns about future growth and competitive pressures. The company continues to focus on AI technologies and operational enhancements to navigate potential complexities in workers’ compensation claims. CorVel’s CFO, Brandon O’Brien, emphasized the strength of the company’s financial position, highlighting its debt-free balance sheet. Additionally, the company repurchased 80,661 shares during the quarter, funded through strong operating cash flow. These developments underscore CorVel’s ongoing commitment to technological advancement and cost efficiency in its strategic planning.

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