Crawford & Company (NYSE:CRD.B) EVP Sells $40,596.36 in Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 3,118 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $13.02, for a total transaction of $40,596.36. Following the completion of the sale, the executive vice president directly owned 94,607 shares of the company’s stock, valued at approximately $1,231,783.14. This represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, August 18th, Andrew John Bart sold 47 shares of Crawford & Company stock. The shares were sold at an average price of $13.30, for a total transaction of $625.10.
• On Monday, August 17th, Andrew John Bart sold 3,505 shares of Crawford & Company stock. The stock was sold at an average price of $13.45, for a total value of $47,142.25.
• 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 value 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.

Crawford & Company Stock Performance

CRD.B opened at $12.21 on Friday. The business has a 50 day moving average price of $10.86 and a two-hundred day moving average price of $10.37. 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 capitalization of $593.53 million, a price-to-earnings ratio of 25.44 and a beta of 0.60. Crawford & Company has a 1-year low of $8.78 and a 1-year high of $13.59.

Crawford & Company (NYSE:CRD.B) last issued its quarterly earnings results on Monday, August 3rd. The business services provider reported $0.38 earnings per share (EPS) for the quarter, beating 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 company had revenue of $321.44 million for the quarter, compared to analysts’ expectations of $336.09 million. Research analysts predict that Crawford & Company will post 1.05 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Crawford & Company Company Profile

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.