Crawford & Company (NYSE:CRD.B) EVP Sells $144,531.60 in Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 14,005 shares of Crawford & Company stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the transaction, the executive vice president directly owned 113,390 shares of the company’s stock, valued at approximately $1,170,184.80. This represents a 10.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Andrew John Bart also recently made the following trade(s):

• On Wednesday, May 20th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The shares were sold at an average price of $10.13, for a total transaction of $81,040.00.
• On Monday, May 18th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The stock was sold at an average price of $10.11, for a total transaction of $80,880.00.

Crawford & Company Trading Up 2.7%

Shares of NYSE CRD.B opened at $10.11 on Friday. The firm’s 50 day moving average price is $9.91 and its 200-day moving average price is $10.28. Crawford & Company has a 52-week low of $8.76 and a 52-week high of $11.68. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $492.86 million, a PE ratio of 28.09 and a beta of 0.62.

Crawford & Company (NYSE:CRD.B) last announced its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.04). Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The firm had revenue of $309.52 million for the quarter, compared to the consensus estimate of $303.20 million. On average, equities research analysts expect that Crawford & Company will post 0.92 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research cut Crawford & Company from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Crawford & Company

Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.