Crocs, Inc. (NASDAQ:CROX) Shares Sold by Amundi

Amundi decreased its position in Crocs, Inc. (NASDAQ:CROX - Free Report) by 58.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,612 shares of the textile maker's stock after selling 6,568 shares during the period. Amundi's holdings in Crocs were worth $506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CROX. Pacer Advisors Inc. raised its stake in shares of Crocs by 39.6% in the fourth quarter. Pacer Advisors Inc. now owns 2,037,121 shares of the textile maker's stock worth $223,126,000 after purchasing an additional 577,467 shares during the last quarter. FMR LLC raised its position in Crocs by 4.8% during the 3rd 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. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Crocs during the 3rd quarter valued at approximately $17,122,000. Motley Fool Wealth Management LLC purchased a new stake in shares of Crocs in the 3rd quarter valued at $9,097,000. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in shares of Crocs by 34.0% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 184,670 shares of the textile maker's stock worth $20,227,000 after acquiring an additional 46,890 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Wall Street Analyst Weigh In

CROX has been the subject of a number of research reports. Robert W. Baird decreased their target price on shares of Crocs from $180.00 to $150.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. Loop Capital raised Crocs from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Wednesday, March 12th. KeyCorp dropped their target price on Crocs from $150.00 to $120.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd. Needham & Company LLC reissued a "buy" rating and issued a $129.00 price target on shares of Crocs in a report on Thursday, February 13th. Finally, Barclays lowered their price objective on Crocs from $125.00 to $122.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $143.53.

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Crocs Price Performance

Shares of NASDAQ CROX traded up $6.33 during midday trading on Monday, hitting $110.92. The stock had a trading volume of 1,909,552 shares, compared to its average volume of 1,359,721. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. Crocs, Inc. has a 1 year low of $88.25 and a 1 year high of $165.32. The company has a market capitalization of $6.22 billion, a PE ratio of 6.94, a P/E/G ratio of 1.80 and a beta of 1.84. The stock has a 50 day simple moving average of $102.14 and a 200-day simple moving average of $113.48.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share for the quarter, topping 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%. On average, sell-side analysts expect that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Activity at Crocs

In other Crocs news, EVP Shannon Sisler sold 4,659 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $109.75, for a total value of $511,325.25. Following the completion of the sale, the executive vice president now directly owns 29,299 shares of the company's stock, valued at $3,215,565.25. This trade represents a 13.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Adam Michaels sold 15,000 shares of the business's stock in a transaction dated 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 transaction, the executive vice president now directly owns 89,323 shares in the company, valued at approximately $9,529,870.87. The trade was a 14.38 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.72% of the company's stock.

Crocs Company 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.