Insider Selling: Crawford & Company (NYSE:CRD.B) EVP Sells 1,995 Shares of Stock

Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart sold 1,995 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $10.37, for a total value of $20,688.15. Following the transaction, the executive vice president directly owned 111,395 shares in the company, valued at approximately $1,155,166.15. This represents a 1.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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.
• On Monday, May 18th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The stock was sold at an average price of $10.11, for a total value of $80,880.00.

Crawford & Company Trading Down 0.5%

Shares of Crawford & Company stock traded down $0.05 during trading hours on Tuesday, reaching $10.30. 2,566 shares of the company’s stock were exchanged, compared to its average volume of 17,096. Crawford & Company has a 52-week low of $8.76 and a 52-week high of $11.68. The firm has a market capitalization of $502.02 million, a price-to-earnings ratio of 28.61 and a beta of 0.62. The company has a fifty day moving average of $9.94 and a 200-day moving average of $10.28. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.86.

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 return on equity of 24.21% and a net margin of 1.37%.The business had revenue of $309.52 million for the quarter, compared to analysts’ expectations of $303.20 million. Sell-side analysts forecast that Crawford & Company will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

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