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

Key Points

• EVP Andrew John Bart sold 10,118 Crawford & Company shares at an average price of $13.17, totaling $133,254.06. His remaining direct ownership fell 9.08% to 101,277 shares.
• Crawford & Company shares declined 2.6% to $12.32, though the stock remained near its 52-week high of $13.59 and above its 50-day and 200-day moving averages.
• The company reported quarterly EPS of $0.38, exceeding the $0.27 analyst consensus, while revenue of $321.44 million fell short of estimates. Zacks Research upgraded the stock to “strong buy,” matching the current consensus rating.

Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew John Bart sold 10,118 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $13.17, for a total transaction of $133,254.06. Following the sale, the executive vice president directly owned 101,277 shares in the company, valued at $1,333,818.09. This trade represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 shares were 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 stock was 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 stock was 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 2.6%

Shares of CRD.B traded down $0.34 on Tuesday, hitting $12.32. 6,395 shares of the stock traded hands, compared to its average volume of 13,212. The company has a market capitalization of $599.12 million, a PE ratio of 25.68 and a beta of 0.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.19 and a current ratio of 1.19. The business has a 50 day simple moving average of $10.74 and a 200 day simple moving average of $10.32. Crawford & Company has a one year low of $8.78 and a one year high of $13.59.

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

Wall Street Analyst Weigh In

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

Crawford & Company Company Profile

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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