Crawford & Company (NYSE:CRD.B) EVP Sells 3,505 Shares of Stock

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

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

• On Friday, August 14th, Andrew John Bart sold 10,118 shares of Crawford & Company stock. The shares were 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 stock was sold at an average price of $10.37, for a total value of $20,688.15.
• On Thursday, May 21st, Andrew John Bart sold 14,005 shares of Crawford & Company stock. The stock was sold at an average price of $10.32, for a total value of $144,531.60.
• On Wednesday, May 20th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The stock was sold at an average price of $10.13, for a total value of $81,040.00.

Crawford & Company Stock Down 2.6%

CRD.B stock traded down $0.34 on Tuesday, reaching $12.32. 6,395 shares of the company traded hands, compared to its average volume of 13,212. Crawford & Company has a one year low of $8.78 and a one year high of $13.59. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market cap of $599.12 million, a P/E ratio of 25.68 and a beta of 0.60. The firm has a fifty day simple moving average of $10.74 and a 200-day simple moving average of $10.32.

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 return on equity of 28.15% and a net margin of 1.81%.The business had revenue of $321.44 million for the quarter, compared to the consensus estimate of $336.09 million. Research analysts anticipate that Crawford & Company will post 1.05 earnings per share for the current year.

Analysts Set New Price Targets

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