Key Points
- Crawford & Company EVP Andrew John Bart sold 8,000 shares on May 18 at an average price of $10.11, totaling about $80,880. After the sale, he still held 143,395 shares valued at roughly $1.45 million.
- The stock opened at $9.92 and is trading near its 50-day average of $9.91, while remaining below its 200-day average of $10.28. The company has a market cap of about $483.4 million and a 52-week range of $8.76 to $11.68.
- Crawford & Company recently reported earnings of $0.16 per share, missing analysts’ expectations of $0.20, though revenue came in slightly above estimates at $309.52 million. Separately, Zacks Research downgraded the stock to strong sell, and the overall analyst rating is Sell.
Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew John Bart sold 8,000 shares of the firm's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $10.11, for a total transaction of $80,880.00. Following the completion of the sale, the executive vice president directly owned 143,395 shares of the company's stock, valued at approximately $1,449,723.45. This represents a 5.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Crawford & Company Stock Performance
Shares of Crawford & Company stock opened at $9.92 on Thursday. The firm has a 50 day simple moving average of $9.91 and a 200 day simple moving average of $10.28. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $483.40 million, a P/E ratio of 27.55 and a beta of 0.62. Crawford & Company has a fifty-two week low of $8.76 and a fifty-two week high of $11.68.
Crawford & Company (NYSE:CRD.B - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The business services provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.04). The firm had revenue of $309.52 million during the quarter, compared to analyst estimates of $303.20 million. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%. Sell-side analysts predict that Crawford & Company will post 0.92 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered Crawford & Company from a "hold" rating to a "strong sell" rating in a research report on Monday, March 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of "Sell".
Check Out Our Latest Research Report on Crawford & Company
Crawford & Company Company Profile
(
Get Free Report)
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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