Insider Selling: Crawford & Company (NYSE:CRD.B) EVP 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 shares were 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 owned 143,395 shares in the company, valued at $1,449,723.45. The trade was a 5.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Crawford & Company Price Performance

Crawford & Company stock opened at $9.64 on Wednesday. The company has a fifty day simple moving average of $9.91 and a 200-day simple moving average of $10.28. The firm has a market capitalization of $469.61 million, a price-to-earnings ratio of 26.76 and a beta of 0.62. 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 has a 52-week low of $8.76 and a 52-week high of $11.68.

Crawford & Company (NYSE:CRD.B) last posted 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). The business had revenue of $309.52 million during the quarter, compared to analysts’ expectations of $303.20 million. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%. On average, equities analysts anticipate that Crawford & Company will post 0.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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