Insider Selling: Crawford & Company (NYSE:CRD.A) EVP Sells 3,305 Shares

Key Points

• Executive insider selling: EVP Andrew John Bart sold 3,305 Crawford & Company shares for approximately $44,155, reducing his direct ownership by 3.68% to 86,395 shares. He has also sold additional shares in several transactions since August 14.
• Stock performance and fundamentals: Crawford shares fell 2.4% to $13.10, near their 12-month high of $13.90. The company reported quarterly EPS of $0.38 on $321.44 million in revenue, with a 1.81% net margin and 28.15% return on equity.
• Analyst outlook remains positive: Wall Street Zen upgraded the stock to “strong buy,” while the overall analyst consensus is “Buy” with an average price target of $14.00.

Crawford & Company (NYSE:CRD.A - Get Free Report) EVP Andrew John Bart sold 3,305 shares of Crawford & Company stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $13.36, for a total transaction of $44,154.80. Following the sale, the executive vice president directly owned 86,395 shares in the company, valued at $1,154,237.20. This trade represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, August 19th, Andrew John Bart sold 3,118 shares of Crawford & Company stock. The stock was sold at an average price of $13.02, for a total transaction of $40,596.36.
• 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 value of $625.10.
• 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 value of $47,142.25.
• On Friday, August 14th, Andrew John Bart sold 10,118 shares of Crawford & Company stock. The shares were sold at an average price of $13.17, for a total transaction of $133,254.06.

Crawford & Company Trading Down 2.4%

Crawford & Company stock traded down $0.33 during mid-day trading on Tuesday, hitting $13.10. 6,305 shares of the stock were exchanged, compared to its average volume of 59,450. The stock has a market capitalization of $636.93 million, a price-to-earnings ratio of 28.06 and a beta of 0.79. Crawford & Company has a 12 month low of $8.89 and a 12 month high of $13.90. 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 firm's fifty day simple moving average is $11.73 and its two-hundred day simple moving average is $10.89.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded 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 MarketBeat.com, the company has a consensus rating of "Buy" and an average target price 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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