Crawford & Company (NYSE:CRD.A) EVP Andrew John Bart Sells 10,118 Shares of Stock

Key Points

• Executive sale: Crawford & Company EVP Andrew John Bart sold 10,118 shares at an average price of $13.17, generating $133,254.06. His direct ownership fell 9.08% to 101,277 shares.
• Stock performance: Crawford shares recently declined 0.9% to $13.21, near their 12-month high of $13.90. The company has a market capitalization of approximately $641.9 million.
• Analyst outlook: Crawford reported quarterly earnings of $0.38 per share on $321.44 million in revenue, while Wall Street Zen upgraded the stock to “strong buy.” The broader analyst consensus is “Buy,” with a $14.00 price target.

Crawford & Company (NYSE:CRD.A - Get Free Report) EVP Andrew John Bart sold 10,118 shares of the business's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $13.17, for a total value of $133,254.06. Following the transaction, the executive vice president directly owned 101,277 shares of the company's stock, valued at approximately $1,333,818.09. This represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• 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 transaction of $47,142.25.
• On Friday, May 22nd, Andrew John Bart sold 1,995 shares of Crawford & Company stock. The shares were sold at an average price of $10.37, for a total transaction of $20,688.15.
• On Thursday, May 21st, Andrew John Bart sold 14,005 shares of Crawford & Company stock. The shares were sold at an average price of $10.32, for a total transaction of $144,531.60.
• On Wednesday, May 20th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The shares were sold at an average price of $10.13, for a total transaction of $81,040.00.

Crawford & Company Stock Down 0.9%

Shares of Crawford & Company stock traded down $0.12 during trading on Tuesday, hitting $13.21. 6,480 shares of the stock were exchanged, compared to its average volume of 59,357. The stock has a market cap of $641.90 million, a price-to-earnings ratio of 28.10 and a beta of 0.79. The firm's 50-day moving average price is $11.53 and its 200 day moving average price is $10.80. Crawford & Company has a 12-month low of $8.89 and a 12-month high of $13.90. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.19 and a quick ratio of 1.19.

Crawford & Company (NYSE:CRD.A - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The business services provider reported $0.38 earnings per share for the quarter. The company had revenue of $321.44 million for the quarter. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Crawford & Company from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $14.00.

Crawford & Company Company Profile

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform.

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