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

Crawford & Company (NYSE:CRD.A) SVP Tami Stevenson sold 7,062 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $9.90, for a total transaction of $69,913.80. Following the completion of the transaction, the senior vice president owned 15,186 shares of the company’s stock, valued at approximately $150,341.40. This trade represents a 31.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Crawford & Company Price Performance

Shares of Crawford & Company stock traded up $0.01 during trading hours on Monday, reaching $10.00. The stock had a trading volume of 32,217 shares, compared to its average volume of 51,861. The stock’s 50 day moving average is $10.26 and its 200 day moving average is $10.76. Crawford & Company has a twelve month low of $8.63 and a twelve month high of $12.10. The firm has a market capitalization of $487.40 million, a PE ratio of 27.78 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.86.

Crawford & Company (NYSE:CRD.A) last posted its quarterly 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 for the quarter.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wall Street Zen upgraded shares of Crawford & Company from a “hold” rating to a “buy” rating in a research note on Saturday. Barrington Research restated an “outperform” rating and set a $14.00 target price on shares of Crawford & Company in a report on Monday, March 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Crawford & Company currently has an average rating of “Buy” and an average target price of $14.00.

About Crawford & Company

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.