Crawford & Company (NYSE:CRD.B – Get Free Report) shares saw an uptick in trading volume on Monday . 15,254 shares changed hands during mid-day trading, an increase of 12% from the previous session’s volume of 13,561 shares.The stock last traded at $11.87 and had previously closed at $12.22.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Crawford & Company from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Crawford & Company presently has a consensus rating of “Strong Buy”.
Check Out Our Latest Stock Analysis on CRD.B
Crawford & Company Price Performance
Crawford & Company (NYSE:CRD.B – Get Free Report) last released its earnings results on Monday, August 3rd. The business services provider reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.11. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%.The business had revenue of $321.44 million for the quarter, compared to analyst estimates of $336.09 million. On average, sell-side analysts anticipate that Crawford & Company will post 1.05 earnings per share for the current fiscal year.
Insider Activity at Crawford & Company
In other news, EVP Andrew John Bart sold 10,118 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $13.17, for a total value of $133,254.06. Following the completion of the sale, the executive vice president owned 101,277 shares of the company’s stock, valued at approximately $1,333,818.09. This represents a 9.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Jesse C. Crawford sold 1,000,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $12.81, for a total transaction of $12,810,000.00. Following the completion of the transaction, the insider directly owned 4,447,188 shares of the company’s stock, valued at $56,968,478.28. This represents a 18.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,020,093 shares of company stock worth $13,075,773 in the last ninety days. Insiders own 51.04% of the company’s stock.
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.
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