Insider Selling: Crawford & Company (NYSE:CRD.B) EVP Sells $44,154.80 in Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 3,305 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $13.36, for a total transaction of $44,154.80. Following the transaction, the executive vice president directly owned 86,395 shares in the company, valued at $1,154,237.20. The trade was a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

Crawford & Company Price Performance

Crawford & Company stock opened at $11.97 on Friday. Crawford & Company has a 52 week low of $8.78 and a 52 week high of $13.59. The company’s 50 day moving average price is $11.00 and its two-hundred day moving average price is $10.41. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.82. The stock has a market cap of $582.10 million, a P/E ratio of 24.95 and a beta of 0.60.

Crawford & Company (NYSE:CRD.B) last released its 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. The company had revenue of $321.44 million during the quarter, compared to analyst estimates of $336.09 million. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%. On average, equities analysts predict that Crawford & Company will post 1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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