Andrew John Bart Sells 3,118 Shares of Crawford & Company (NYSE:CRD.B) Stock

Key Points

• Executive insider sale: EVP Andrew John Bart sold 3,118 Crawford & Company Class B shares at an average price of $13.02, worth $40,596.36. His remaining stake fell 3.19% to 94,607 shares.
• Bart has made several additional sales since August 14, totaling more than 17,000 shares across the reported transactions.
• Stock and outlook: Crawford shares traded at $12.04, near their 52-week high, while the company recently beat quarterly EPS estimates ($0.38 versus $0.27) despite revenue below expectations. Zacks Research upgraded the stock to “strong buy,” and MarketBeat reported an average “Strong Buy” rating.

Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew John Bart sold 3,118 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $13.02, for a total transaction of $40,596.36. Following the completion of the transaction, the executive vice president owned 94,607 shares of the company's stock, valued at $1,231,783.14. This represents a 3.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, August 18th, Andrew John Bart sold 47 shares of Crawford & Company stock. The shares were 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 stock was sold at an average price of $13.45, for a total value 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.
• On Friday, May 22nd, Andrew John Bart sold 1,995 shares of Crawford & Company stock. The stock was sold at an average price of $10.37, for a total transaction of $20,688.15.

Crawford & Company Trading Up 0.5%

Shares of NYSE:CRD.B traded up $0.06 during midday trading on Thursday, reaching $12.04. The company's stock had a trading volume of 11,344 shares, compared to its average volume of 13,274. The firm has a market cap of $585.26 million, a price-to-earnings ratio of 25.08 and a beta of 0.60. The business has a 50 day moving average price of $10.81 and a 200 day moving average price of $10.35. Crawford & Company has a 1 year low of $8.78 and a 1 year high of $13.59. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.82.

Crawford & Company (NYSE:CRD.B - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.11. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%.The business had revenue of $321.44 million during the quarter, compared to the consensus estimate of $336.09 million. Research analysts forecast that Crawford & Company will post 1.05 EPS for the current year.

Analysts Set New Price Targets

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

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