Michael Combs Biography and Net Worth

CEO of CorVel


Michael G. Combs serves as President, Chief Executive Officer of the Company. Mr. Combs also holds the position of President since April 2017 and previously served as our Chief Information Officer from April 2015 to April 2017. Mr. Combs has been with the Company for 27 years, joining the Company initially as a software engineer in October 1991. His prior positions at the Company include Vice President of MedCheck Development and Deputy Chief Information Officer. Prior to joining CorVel, he was with Science Applications International Corporation, a Delaware company, as a Software Engineer where he developed software for the Naval Oceans System Center Anti-Submarine Warfare program. Mr. Combs holds a Bachelor’s degree in Computer Science from San Diego State University.

What is Michael G. Combs' net worth?

The estimated net worth of Michael G. Combs is at least $4.44 million as of February 15th, 2024. Mr. Combs owns 19,283 shares of CorVel stock worth more than $4,437,211 as of April 18th. This net worth approximation does not reflect any other assets that Mr. Combs may own. Additionally, Mr. Combs receives an annual salary of $913,540.00 as CEO at CorVel. Learn More about Michael G. Combs' net worth.

How old is Michael G. Combs?

Mr. Combs is currently 60 years old. There are 5 older executives and no younger executives at CorVel. Learn More on Michael G. Combs' age.

What is Michael G. Combs' salary?

As the CEO of CorVel Co., Mr. Combs earns $913,540.00 per year. Learn More on Michael G. Combs' salary.

How do I contact Michael G. Combs?

The corporate mailing address for Mr. Combs and other CorVel executives is 1920 Main Street Suite 900, Irvine CA, 92614. CorVel can also be reached via phone at (817) 390-1416 and via email at [email protected]. Learn More on Michael G. Combs' contact information.

Has Michael G. Combs been buying or selling shares of CorVel?

Michael G. Combs has not been actively trading shares of CorVel during the past quarter. Most recently, Michael G. Combs sold 1,799 shares of the business's stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $248.41, for a transaction totalling $446,889.59. Following the completion of the sale, the chief executive officer now directly owns 19,283 shares of the company's stock, valued at $4,790,090.03. Learn More on Michael G. Combs' trading history.

Who are CorVel's active insiders?

CorVel's insider roster includes V Clemons (Chairman), Michael Combs (CEO), Steven Hamerslag (Director), Alan Hoops (Director), R. Jessup (Director), Jean Macino (Director), Jeffrey Michael (Director), Brandon O'Brien (CFO), Maxim Shishin (Insider), and Jennifer Yoss (VP). Learn More on CorVel's active insiders.

Are insiders buying or selling shares of CorVel?

In the last twelve months, insiders at the business services provider sold shares 30 times. They sold a total of 57,910 shares worth more than $12,863,580.89. The most recent insider tranaction occured on February, 22nd when Director Jean Macino sold 3,130 shares worth more than $793,204.60. Insiders at CorVel own 48.7% of the company. Learn More about insider trades at CorVel.

Information on this page was last updated on 2/22/2024.

Michael G. Combs Insider Trading History at CorVel

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/15/2024Sell1,799$248.41$446,889.5919,283View SEC Filing Icon  
2/13/2024Sell301$246.82$74,292.8221,082View SEC Filing Icon  
8/11/2023Sell4,130$222.82$920,246.6013,829View SEC Filing Icon  
2/16/2023Sell1,850$184.27$340,899.5015,877View SEC Filing Icon  
8/5/2022Sell772$162.30$125,295.6013,665View SEC Filing Icon  
2/22/2022Sell200$162.61$32,522.00View SEC Filing Icon  
8/23/2021Sell560$160.43$89,840.80View SEC Filing Icon  
8/19/2021Sell2,440$157.62$384,592.80View SEC Filing Icon  
6/7/2021Sell15,500$119.00$1,844,500.0016,191View SEC Filing Icon  
2/18/2021Sell14,507$103.45$1,500,749.15
11/5/2020Sell3,146$86.81$273,104.262,979View SEC Filing Icon  
8/24/2020Sell3,189$81.13$258,723.573,953View SEC Filing Icon  
8/20/2020Sell11,453$81.36$931,816.086,264View SEC Filing Icon  
6/3/2019Sell1,350$74.00$99,900.001,005View SEC Filing Icon  
6/8/2016Sell7,400$49.84$368,816.001,000View SEC Filing Icon  
6/7/2016Sell1,750$49.32$86,310.001,000View SEC Filing Icon  
6/6/2016Sell4,078$50.26$204,960.281,000View SEC Filing Icon  
2/10/2016Sell1,300$44.00$57,200.00View SEC Filing Icon  
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Michael G. Combs Buying and Selling Activity at CorVel

This chart shows Michael G Combs's buying and selling at CorVel by year and by quarter.

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CorVel Company Overview

CorVel logo
CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is based in Fort Worth, Texas.
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Today's Range

Now: $230.11
Low: $229.50
High: $233.89

50 Day Range

MA: $245.54
Low: $232.30
High: $262.96

2 Week Range

Now: $230.11
Low: $187.92
High: $265.14

Volume

15,232 shs

Average Volume

35,257 shs

Market Capitalization

$3.93 billion

P/E Ratio

53.27

Dividend Yield

N/A

Beta

1.07