Insider Selling: Crawford & Company (NYSE:CRD.B) CEO Sells 125,414 Shares of Stock

by · The Cerbat Gem

Crawford & Company (NYSE:CRD.B – Get Free Report) CEO Rohit Verma sold 125,414 shares of Crawford & Company stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following the completion of the transaction, the chief executive officer directly owned 205,084 shares in the company, valued at $2,255,924. This represents a 37.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Crawford & Company Stock Up 0.4%

Shares of CRD.B traded up $0.05 during midday trading on Friday, hitting $10.43. 1,331 shares of the company’s stock traded hands, compared to its average volume of 5,403. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $513.01 million, a price-to-earnings ratio of 16.04 and a beta of 0.70. Crawford & Company has a 1 year low of $8.76 and a 1 year high of $12.38. The firm’s fifty day moving average is $10.22 and its 200-day moving average is $10.18.

Crawford & Company (NYSE:CRD.B – Get Free Report) last announced its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.The firm had revenue of $322.17 million for the quarter, compared to the consensus estimate of $344.32 million. As a group, sell-side analysts anticipate that Crawford & Company will post 0.83 earnings per share for the current year.

Crawford & Company Company Profile

(Get Free Report)

Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.

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