Crawford & Company (NYSE:CRD.B) EVP Sells $47,142.25 in Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 3,505 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $13.45, for a total transaction of $47,142.25. Following the completion of the transaction, the executive vice president directly owned 97,772 shares of the company’s stock, valued at $1,315,033.40. The trade was a 3.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, August 19th, Andrew John Bart sold 3,118 shares of Crawford & Company stock. The stock was sold at an average price of $13.02, for a total transaction of $40,596.36.
• On Tuesday, August 18th, Andrew John Bart sold 47 shares of Crawford & Company stock. The stock was sold at an average price of $13.30, for a total transaction of $625.10.
• On Friday, August 14th, Andrew John Bart sold 10,118 shares of Crawford & Company stock. The stock was sold at an average price of $13.17, for a total transaction of $133,254.06.
• On Friday, May 22nd, Andrew John Bart sold 1,995 shares of Crawford & Company stock. The shares were sold at an average price of $10.37, for a total transaction of $20,688.15.
• On Thursday, May 21st, Andrew John Bart sold 14,005 shares of Crawford & Company stock. The shares were sold at an average price of $10.32, for a total transaction of $144,531.60.
• 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.

Crawford & Company Stock Up 0.5%

Shares of NYSE CRD.B opened at $12.04 on Friday. Crawford & Company has a 1 year low of $8.78 and a 1 year high of $13.59. The firm’s 50 day moving average price is $10.83 and its 200 day moving average price is $10.36. The firm has a market cap of $585.26 million, a P/E ratio of 25.08 and a beta of 0.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.19 and a current ratio of 1.19.

Crawford & Company (NYSE:CRD.B) last released its earnings results on Monday, August 3rd. The business services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.27 by $0.11. Crawford & Company had a net margin of 1.81% and a return on equity of 28.15%. The firm had revenue of $321.44 million during the quarter, compared to analysts’ expectations of $336.09 million. As a group, sell-side analysts anticipate that Crawford & Company will post 1.05 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Crawford & Company from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

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.