Insider Selling: Crawford & Company (NYSE:CRD.A) EVP Sells 14,005 Shares of Stock

Crawford & Company (NYSE:CRD.A) EVP Andrew John Bart sold 14,005 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $10.32, for a total value of $144,531.60. Following the transaction, the executive vice president directly owned 113,390 shares of the company’s stock, valued at approximately $1,170,184.80. This trade represents a 10.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Wednesday, May 20th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The shares were sold at an average price of $10.13, for a total value of $81,040.00.
• On Monday, May 18th, Andrew John Bart sold 8,000 shares of Crawford & Company stock. The stock was sold at an average price of $10.11, for a total value of $80,880.00.

Crawford & Company Trading Up 2.0%

Shares of Crawford & Company stock opened at $10.39 on Friday. The stock has a market capitalization of $506.61 million, a P/E ratio of 28.87 and a beta of 0.83. Crawford & Company has a 52-week low of $8.63 and a 52-week high of $12.10. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50-day simple moving average is $10.16 and its 200 day simple moving average is $10.70.

Crawford & Company (NYSE:CRD.A) last issued its earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share for the quarter. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The firm had revenue of $320.13 million during the quarter.

Analysts Set New Price Targets

A number of brokerages have issued reports on CRD.A. Barrington Research reissued an “outperform” rating and set a $14.00 target price on shares of Crawford & Company in a report on Monday, March 9th. Wall Street Zen upgraded Crawford & Company from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target 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.