Crawford & Company (NYSE:CRD.B) EVP Andrew John Bart Sells 3,505 Shares of Stock

Key Points

• Executive insider sale: EVP Andrew John Bart sold 3,505 Crawford & Company shares at an average price of $13.45, totaling $47,142.25. His remaining stake fell 3.46% to 97,772 shares.
• Bart has made several recent sales, including 10,118 shares on August 14 and more than 24,000 shares across transactions in May.
• Stock and outlook: CRD.B fell 2.6% to $12.32, despite the company beating quarterly EPS estimates ($0.38 versus $0.27). Zacks Research upgraded the stock to “strong buy,” and MarketBeat reported an overall “Strong Buy” rating.

Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew John Bart sold 3,505 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $13.45, for a total value of $47,142.25. Following the transaction, the executive vice president owned 97,772 shares of the company's stock, valued at approximately $1,315,033.40. This represents a 3.46% decrease in their position. The sale was disclosed in a 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 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 value of $133,254.06.
• 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 Trading Down 2.6%

NYSE CRD.B traded down $0.34 during trading on Tuesday, hitting $12.32. The company had a trading volume of 6,395 shares, compared to its average volume of 13,212. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.82. Crawford & Company has a one year low of $8.78 and a one year high of $13.59. The company has a market cap of $599.12 million, a price-to-earnings ratio of 25.68 and a beta of 0.60. The company's fifty day moving average is $10.74 and its 200-day moving average is $10.32.

Crawford & Company (NYSE:CRD.B - Get Free Report) last posted its earnings results on Monday, August 3rd. The business services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.27 by $0.11. The firm had revenue of $321.44 million during the quarter, compared to analysts' expectations of $336.09 million. Crawford & Company had a net margin of 1.81% and a return on equity of 28.15%. On average, sell-side analysts predict that Crawford & Company will post 1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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