Shishin Maxim sold 18,000 shares at $87.82 for $1,580,823.00, reducing CIO stake by 71.9%
Shishin Maxim, Chief Information Officer of CORVEL CORP, executed 2 separate sales totaling 18,000 (18.0K shares) for $1,580,823.00 ($1.6M) on 2025-09-11, with a blended average price of $87.82. This represents a substantial reduction in his holdings from 25,050 shares (25.0K shares) to 7,050 shares (7.0K shares), a net change of -71.9% versus pre-transaction holdings. The sale occurred when the stock is trading at $85.59, which is -33.4% from the 52-week high of $128.46, and has declined -5.5% over 30 days and -18.5% over 90 days. Notably, Maxim's prior trades at CRVL show a strong historical pattern: 4 of 4 measurable prior sells were well-timed at the 90-day mark (30-day returns of -66.6% to -70.5%, and 90-day returns of -60.1% to -70.0%), suggesting his selling decisions have preceded declines in the stock price. Investors should track whether this large divestiture follows the same pattern, though the depressed valuation relative to the 52-week high and recent underperformance warrant attention to company fundamentals and broader sector dynamics.