Crawford & Company (NYSE:CRD.A) SVP Sells $181,821.20 in Stock

Crawford & Company (NYSE:CRD.A) SVP Tami Stevenson sold 19,220 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $9.46, for a total value of $181,821.20. Following the completion of the transaction, the senior vice president owned 22,248 shares in the company, valued at approximately $210,466.08. This represents a 46.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Crawford & Company Price Performance

Crawford & Company stock opened at $10.03 on Thursday. The business’s 50-day simple moving average is $10.20 and its 200 day simple moving average is $10.74. The stock has a market cap of $488.81 million, a price-to-earnings ratio of 27.86 and a beta of 0.83. Crawford & Company has a 12-month low of $8.63 and a 12-month high of $12.10. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.86.

Crawford & Company (NYSE:CRD.A) last issued its earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%.The firm had revenue of $320.13 million for the quarter.

Wall Street Analyst Weigh In

CRD.A has been the topic of a number of recent analyst reports. Barrington Research restated an “outperform” rating and set a $14.00 target price on shares of Crawford & Company in a report on Monday, March 9th. Wall Street Zen upgraded Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $14.00.

About Crawford & Company

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform.