Tami Stevenson Sells 7,062 Shares of Crawford & Company (NYSE:CRD.B) Stock

Crawford & Company (NYSE:CRD.B) SVP Tami Stevenson sold 7,062 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $9.90, for a total value of $69,913.80. Following the completion of the sale, the senior vice president owned 15,186 shares of the company’s stock, valued at approximately $150,341.40. This represents a 31.74% 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 hyperlink.

Crawford & Company Trading Up 3.3%

Shares of CRD.B traded up $0.31 during mid-day trading on Monday, reaching $9.67. 4,059 shares of the company’s stock traded hands, compared to its average volume of 18,289. The stock has a market cap of $471.07 million, a P/E ratio of 26.85 and a beta of 0.62. The stock’s 50-day moving average is $10.02 and its two-hundred day moving average is $10.30. Crawford & Company has a 12 month low of $8.76 and a 12 month high of $11.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.14.

Crawford & Company (NYSE:CRD.B) last released its earnings results 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 business had revenue of $309.52 million for the quarter, compared to the consensus estimate of $303.20 million. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. Research analysts forecast that Crawford & Company will post 0.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Crawford & Company from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Crawford & Company Company Profile

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.