American Century Companies Inc. Has $18.43 Million Stock Holdings in Crocs, Inc. (NASDAQ:CROX)

American Century Companies Inc. decreased its stake in Crocs, Inc. (NASDAQ:CROX - Free Report) by 56.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,286 shares of the textile maker's stock after selling 219,159 shares during the quarter. American Century Companies Inc. owned approximately 0.29% of Crocs worth $18,432,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Clear Harbor Asset Management LLC increased its holdings in shares of Crocs by 3.3% during the fourth quarter. Clear Harbor Asset Management LLC now owns 3,114 shares of the textile maker's stock worth $341,000 after buying an additional 100 shares in the last quarter. Valmark Advisers Inc. increased its holdings in Crocs by 1.8% during the 4th quarter. Valmark Advisers Inc. now owns 6,626 shares of the textile maker's stock valued at $726,000 after purchasing an additional 117 shares in the last quarter. Manchester Capital Management LLC raised its position in Crocs by 9.9% in the 4th quarter. Manchester Capital Management LLC now owns 1,437 shares of the textile maker's stock valued at $157,000 after purchasing an additional 129 shares during the last quarter. UMB Bank n.a. boosted its stake in Crocs by 46.6% in the fourth quarter. UMB Bank n.a. now owns 447 shares of the textile maker's stock worth $49,000 after purchasing an additional 142 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Crocs by 38.3% during the fourth quarter. Jones Financial Companies Lllp now owns 744 shares of the textile maker's stock worth $81,000 after purchasing an additional 206 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

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Crocs Trading Up 4.9 %

NASDAQ CROX traded up $4.68 during trading on Friday, reaching $100.65. 4,695,361 shares of the stock traded hands, compared to its average volume of 1,418,952. Crocs, Inc. has a fifty-two week low of $88.25 and a fifty-two week high of $165.32. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 6.29, a price-to-earnings-growth ratio of 1.80 and a beta of 1.62. The stock's 50-day moving average price is $102.96 and its 200 day moving average price is $111.98.

Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The textile maker reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.25. Crocs had a net margin of 23.16% and a return on equity of 46.27%. Analysts predict that Crocs, Inc. will post 13.2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CROX shares. Guggenheim cut their price target on Crocs from $155.00 to $150.00 and set a "buy" rating for the company in a report on Monday, February 3rd. Needham & Company LLC reiterated a "buy" rating and set a $129.00 target price on shares of Crocs in a research report on Thursday, February 13th. Bank of America increased their price target on shares of Crocs from $144.00 to $153.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Loop Capital boosted their price objective on shares of Crocs from $110.00 to $125.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, UBS Group increased their price objective on Crocs from $122.00 to $132.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $144.53.

Insider Transactions at Crocs

In related news, EVP Adam Michaels sold 15,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $106.69, for a total transaction of $1,600,350.00. Following the sale, the executive vice president now directly owns 89,323 shares in the company, valued at $9,529,870.87. This trade represents a 14.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Shannon Sisler sold 4,659 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $109.75, for a total transaction of $511,325.25. Following the completion of the transaction, the executive vice president now directly owns 29,299 shares of the company's stock, valued at approximately $3,215,565.25. The trade was a 13.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.72% of the stock is currently owned by insiders.

Crocs Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.