Key Points
- CEO Rohit Verma sold 125,414 shares on Dec. 11 at an average price of $11.00 for total proceeds of $1,379,554, cutting his stake by 37.95% to 205,084 shares (about $2.26M).
- The stock opened at $10.70, trades in a 52-week range of $8.76–$12.38, and has a market cap of $526.6M with a P/E of 16.46 and a beta of 0.70.
- In the most recent quarter Crawford reported EPS of $0.32 (beating estimates by $0.03) but missed on revenue at $322.2M, with a 28.0% ROE and a 2.42% net margin.
Crawford & Company (NYSE:CRD.B - Get Free Report) CEO Rohit Verma sold 125,414 shares of Crawford & Company stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following the completion of the sale, the chief executive officer owned 205,084 shares in the company, valued at approximately $2,255,924. This represents a 37.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Crawford & Company Price Performance
NYSE CRD.B opened at $10.70 on Friday. The company has a 50-day moving average price of $10.23 and a two-hundred day moving average price of $10.19. Crawford & Company has a 52 week low of $8.76 and a 52 week high of $12.38. The stock has a market cap of $526.55 million, a price-to-earnings ratio of 16.46 and a beta of 0.70. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06.
Crawford & Company (NYSE:CRD.B - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.03. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.The company had revenue of $322.17 million for the quarter, compared to analysts' expectations of $344.32 million. Analysts forecast that Crawford & Company will post 0.83 EPS for the current year.
Crawford & Company Company Profile
(
Get Free Report)
Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.
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