Amica Mutual Insurance Co. Makes New Investment in Crocs, Inc. (NASDAQ:CROX)

Amica Mutual Insurance Co. acquired a new stake in Crocs, Inc. (NASDAQ:CROX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,037 shares of the textile maker's stock, valued at approximately $333,000.

Other large investors have also recently bought and sold shares of the company. Pathstone Holdings LLC boosted its stake in shares of Crocs by 24.2% during the 3rd quarter. Pathstone Holdings LLC now owns 12,797 shares of the textile maker's stock worth $1,853,000 after acquiring an additional 2,491 shares in the last quarter. Cerity Partners LLC boosted its position in Crocs by 36.6% during the third quarter. Cerity Partners LLC now owns 10,252 shares of the textile maker's stock worth $1,485,000 after purchasing an additional 2,745 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Crocs during the third quarter valued at approximately $980,000. Qsemble Capital Management LP raised its position in shares of Crocs by 309.5% in the third quarter. Qsemble Capital Management LP now owns 7,064 shares of the textile maker's stock valued at $1,023,000 after purchasing an additional 5,339 shares during the period. Finally, FMR LLC lifted its stake in shares of Crocs by 4.8% in the third quarter. FMR LLC now owns 8,907,591 shares of the textile maker's stock worth $1,289,908,000 after buying an additional 406,287 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Crocs Price Performance

Shares of CROX stock traded down $1.41 during trading hours on Monday, reaching $104.58. 524,910 shares of the company were exchanged, compared to its average volume of 1,669,010. Crocs, Inc. has a fifty-two week low of $88.25 and a fifty-two week high of $165.32. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.18 and a quick ratio of 0.70. The stock's fifty day moving average is $102.78 and its two-hundred day moving average is $112.81. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 6.54, a P/E/G ratio of 1.80 and a beta of 1.84.

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Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.25. Crocs had a return on equity of 46.27% and a net margin of 23.16%. Sell-side analysts forecast that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on CROX shares. UBS Group lifted their target price on shares of Crocs from $122.00 to $132.00 and gave the stock a "neutral" rating in a report on Wednesday, February 19th. Barclays cut their price objective on shares of Crocs from $125.00 to $122.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Robert W. Baird decreased their target price on Crocs from $180.00 to $150.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Loop Capital raised shares of Crocs from a "hold" rating to a "buy" rating and set a $110.00 price target on the stock in a report on Wednesday, March 12th. Finally, KeyCorp decreased their target price on shares of Crocs from $150.00 to $120.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $143.53.

Insider Buying and Selling at Crocs

In other Crocs news, EVP Shannon Sisler sold 4,659 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $109.75, for a total value of $511,325.25. Following the transaction, the executive vice president now directly owns 29,299 shares of the company's stock, valued at approximately $3,215,565.25. This trade represents a 13.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adam Michaels sold 15,000 shares of Crocs stock in a transaction on Tuesday, February 18th. The stock was 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 of the company's stock, valued at $9,529,870.87. This represents a 14.38 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.72% of the company's stock.

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.