Crawford & Company (NYSE:CRD.B) EVP Sells 3,829 Shares of Stock

Key Points

• EVP Andrew Bart sold 3,829 Crawford & Company shares at an average price of $11.98, totaling about $45,871. He retained 93,165 shares after the sale, a 3.95% reduction in his position.
• The company reported quarterly EPS of $0.37, beating the $0.30 consensus estimate, while revenue of $321.63 million fell short of analysts’ $325.39 million estimate.
• MarketBeat’s analyst consensus was Hold; Zacks Research had downgraded the stock from Strong Buy to Hold.

Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew Bart sold 3,829 shares of Crawford & Company stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $11.98, for a total transaction of $45,871.42. Following the completion of the sale, the executive vice president directly owned 93,165 shares in the company, valued at approximately $1,116,116.70. The trade was a 3.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, November 11th, Andrew Bart sold 91 shares of Crawford & Company stock. The stock was sold at an average price of $12.10, for a total transaction of $1,101.10.
• On Monday, August 24th, Andrew Bart sold 3,305 shares of Crawford & Company stock. The stock was sold at an average price of $13.36, for a total transaction of $44,154.80.
• On Wednesday, August 19th, Andrew Bart sold 3,118 shares of Crawford & Company stock. The shares were sold at an average price of $13.02, for a total transaction of $40,596.36.
• On Tuesday, August 18th, Andrew 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 Bart sold 3,505 shares of Crawford & Company stock. The shares were sold at an average price of $13.45, for a total value of $47,142.25.
• On Friday, August 14th, Andrew 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.

Crawford & Company Stock Performance

Shares of CRD.B stock traded up $0.44 during trading hours on Thursday, reaching $11.51. 2,011 shares of the company's stock were exchanged, compared to its average volume of 15,572. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.17 and a quick ratio of 1.17. The company's 50 day moving average is $11.85 and its two-hundred day moving average is $10.80. The company has a market cap of $548.52 million, a P/E ratio of 20.96 and a beta of 0.69. Crawford & Company has a 1 year low of $8.78 and a 1 year high of $13.59.

Crawford & Company (NYSE:CRD.B - Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The business services provider reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.07. Crawford & Company had a return on equity of 29.17% and a net margin of 2.01%. The firm had revenue of $321.63 million for the quarter, compared to the consensus estimate of $325.39 million. Equities research analysts anticipate that Crawford & Company will post 1.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Crawford & Company from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Crawford & Company presently has a consensus rating of "Hold".

Crawford & Company Company Profile

Crawford & Company is a global provider of claims management and related services for insurers, businesses, brokers and public-sector organizations. Founded in 1941 and headquartered in Atlanta, Georgia, the company serves clients across a broad range of industries and geographies. Its services include property and casualty claims adjusting, workers' compensation and other third-party claims administration, medical management, and support for catastrophe response. Crawford also provides technology-enabled claims solutions and outsourcing services designed to help clients manage claims throughout their lifecycle.

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