Insider Selling: Crawford & Company (NYSE:CRD.B) CEO Sells $1,379,554.00 in Stock

Crawford & Company (NYSE:CRD.B) 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 value of $1,379,554.00. Following the transaction, the chief executive officer directly owned 205,084 shares of the company’s stock, valued at $2,255,924. This trade represents a 37.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Crawford & Company Stock Performance

Shares of CRD.B opened at $10.70 on Monday. The company has a 50-day moving average of $10.23 and a two-hundred day moving average of $10.19. The stock has a market cap of $526.55 million, a P/E ratio of 16.46 and a beta of 0.70. Crawford & Company has a 12-month low of $8.76 and a 12-month high of $12.38. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06.

Crawford & Company (NYSE:CRD.B) last posted its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $322.17 million for the quarter, compared to analyst estimates of $344.32 million. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%. As a group, research analysts predict that Crawford & Company will post 0.83 EPS for the current fiscal year.

About Crawford & Company

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.