Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart Sells 8,000 Shares of Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 8,000 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $10.11, for a total value of $80,880.00. Following the completion of the transaction, the executive vice president directly owned 143,395 shares of the company’s stock, valued at approximately $1,449,723.45. This trade represents a 5.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Crawford & Company Stock Up 4.6%

Shares of CRD.B stock opened at $9.92 on Thursday. The stock has a market cap of $483.40 million, a P/E ratio of 27.55 and a beta of 0.62. Crawford & Company has a one year low of $8.76 and a one year high of $11.68. The stock has a fifty day moving average price of $9.91 and a 200 day moving average price of $10.28. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.14.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings data on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.04). Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%.The company had revenue of $309.52 million for the quarter, compared to analyst estimates of $303.20 million. Analysts predict that Crawford & Company will post 0.92 earnings per share for the current year.

Analysts Set New Price Targets

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