Andrew John Bart Sells 8,000 Shares of Crawford & Company (NYSE:CRD.B) Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 8,000 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $10.11, for a total value of $80,880.00. Following the sale, the executive vice president owned 143,395 shares in the company, valued at approximately $1,449,723.45. The trade was a 5.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Crawford & Company Stock Up 2.7%

Crawford & Company stock opened at $10.11 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The business’s 50-day simple moving average is $9.91 and its two-hundred day simple moving average is $10.28. The company has a market cap of $492.86 million, a PE ratio of 28.09 and a beta of 0.62. Crawford & Company has a fifty-two week low of $8.76 and a fifty-two 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 firm had revenue of $309.52 million for the quarter, compared to analysts’ expectations of $303.20 million. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. Equities analysts anticipate that Crawford & Company will post 0.92 EPS for the current year.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Crawford & Company from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Crawford & Company 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.