Tami Stevenson Sells 7,062 Shares of Crawford & Company (NYSE:CRD.B) Stock

Crawford & Company (NYSE:CRD.B) SVP Tami Stevenson sold 7,062 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $9.90, for a total transaction of $69,913.80. Following the completion of the transaction, the senior vice president owned 15,186 shares in the company, valued at approximately $150,341.40. This represents a 31.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Crawford & Company Stock Performance

NYSE:CRD.B opened at $9.69 on Wednesday. Crawford & Company has a fifty-two week low of $8.76 and a fifty-two week high of $11.68. 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 company has a 50 day moving average price of $9.99 and a 200 day moving average price of $10.29. The stock has a market capitalization of $472.05 million, a P/E ratio of 26.90 and a beta of 0.62.

Crawford & Company (NYSE:CRD.B) last announced its earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) 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 firm had revenue of $309.52 million during the quarter, compared to analysts’ expectations of $303.20 million. Equities research analysts forecast that Crawford & Company will post 0.92 EPS for the current year.

Analyst Ratings Changes

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