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

Key Points

• Executive insider selling: EVP Andrew John Bart sold 3,118 Crawford & Company shares at an average $13.02, totaling $40,596.36. He retained 94,607 shares after the transaction, with additional sales reported over the preceding week.
• Stock performance and valuation: Shares fell 0.6% to $12.84, giving the company a market capitalization of approximately $624 million. The stock has traded between $8.89 and $13.90 over the past year.
• Financial results and analyst outlook: Crawford reported quarterly revenue of $321.44 million and earnings of $0.38 per share. The stock carries a consensus “Buy” rating and a $14.00 price target after Wall Street Zen upgraded it to “strong buy.”

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

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 stock was 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 transaction of $47,142.25.
• On Friday, August 14th, Andrew John Bart sold 10,118 shares of Crawford & Company stock. The stock was 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 Down 0.6%

NYSE:CRD.A traded down $0.08 during trading hours on Thursday, hitting $12.84. 14,541 shares of the stock were exchanged, compared to its average volume of 59,282. The company has a market capitalization of $624.15 million, a P/E ratio of 27.32 and a beta of 0.79. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.82. The company's 50 day moving average is $11.61 and its two-hundred day moving average is $10.84. Crawford & Company has a twelve month low of $8.89 and a twelve month high of $13.90.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Crawford & Company from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock 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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