Key Points
- Executive sale: Crawford & Company EVP Andrew John Bart sold 3,118 shares at an average price of $13.02, generating $40,596.36. After the transaction, he retained 94,607 shares.
- Recent insider selling: Bart has sold additional shares in several transactions since August 14, bringing his recent reported sales to more than 18,700 shares.
- Company and analyst outlook: Crawford exceeded quarterly EPS estimates, reporting $0.38 versus the $0.27 consensus, although revenue fell short of forecasts. Zacks Research upgraded the stock to “strong buy,” and the company’s sole analyst rating is also Strong Buy.
Crawford & Company (NYSE:CRD.B - Get Free Report) EVP Andrew John Bart sold 3,118 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $13.02, for a total transaction of $40,596.36. Following the sale, the executive vice president directly owned 94,607 shares of the company's stock, valued at approximately $1,231,783.14. This represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Andrew John Bart also recently made the following trade(s):
- 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 stock was 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 value of $133,254.06.
- On Friday, May 22nd, Andrew John Bart sold 1,995 shares of Crawford & Company stock. The stock was sold at an average price of $10.37, for a total value of $20,688.15.
Crawford & Company Stock Performance
Shares of CRD.B opened at $12.04 on Friday. Crawford & Company has a one year low of $8.78 and a one year high of $13.59. The company has a 50-day moving average of $10.83 and a two-hundred day moving average of $10.36. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market cap of $585.26 million, a price-to-earnings ratio of 25.08 and a beta of 0.60.
Crawford & Company (NYSE:CRD.B - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.11. The firm had revenue of $321.44 million during the quarter, compared to analyst estimates of $336.09 million. Crawford & Company had a net margin of 1.81% and a return on equity of 28.15%. On average, equities research analysts expect that Crawford & Company will post 1.05 earnings per share for the current year.
Analyst Ratings Changes
Separately, Zacks Research raised Crawford & Company from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Strong Buy".
View Our Latest Report on Crawford & Company
About Crawford & Company
(
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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