Tami Stevenson Sells 19,220 Shares of Crawford & Company (NYSE:CRD.B) Stock

Crawford & Company (NYSE:CRD.B) SVP Tami Stevenson sold 19,220 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $9.46, for a total transaction of $181,821.20. Following the transaction, the senior vice president directly owned 22,248 shares in the company, valued at approximately $210,466.08. The trade was a 46.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Crawford & Company Stock Up 2.1%

CRD.B stock opened at $9.69 on Wednesday. The stock has a market capitalization of $472.05 million, a P/E ratio of 26.90 and a beta of 0.62. The firm has a 50-day simple moving average of $9.99 and a 200-day simple moving average of $10.29. 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 issued its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The company had revenue of $309.52 million during the quarter, compared to analysts’ expectations of $303.20 million. Equities analysts forecast that Crawford & Company will post 0.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.