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

Amalgamated Bank trimmed its position in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 24.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,220 shares of the textile maker's stock after selling 9,304 shares during the quarter. Amalgamated Bank's holdings in Crocs were worth $4,087,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. lifted its position in shares of Crocs by 375.0% during the second quarter. GHP Investment Advisors Inc. now owns 228 shares of the textile maker's stock worth $33,000 after purchasing an additional 180 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in Crocs by 11,200.0% in the third quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker's stock worth $33,000 after purchasing an additional 224 shares in the last quarter. UMB Bank n.a. raised its holdings in Crocs by 64.9% in the third quarter. UMB Bank n.a. now owns 305 shares of the textile maker's stock worth $44,000 after purchasing an additional 120 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in Crocs by 83.0% in the third quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker's stock worth $45,000 after purchasing an additional 142 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Crocs by 19.3% in the second quarter. Blue Trust Inc. now owns 1,001 shares of the textile maker's stock worth $144,000 after purchasing an additional 162 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Crocs news, Director John B. Replogle bought 2,240 shares of Crocs stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of $112.60 per share, with a total value of $252,224.00. Following the purchase, the director now directly owns 9,304 shares in the company, valued at $1,047,630.40. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.72% of the company's stock.

Crocs Stock Performance

Crocs stock traded down $0.56 during mid-day trading on Friday, hitting $101.30. The company had a trading volume of 1,836,388 shares, compared to its average volume of 1,809,737. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.82. Crocs, Inc. has a 12-month low of $77.16 and a 12-month high of $165.32. The company's fifty day moving average is $131.59 and its 200-day moving average is $137.49. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 7.35, a P/E/G ratio of 1.04 and a beta of 2.01.

Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The textile maker reported $3.60 EPS for the quarter, topping the consensus estimate of $3.10 by $0.50. Crocs had a return on equity of 49.70% and a net margin of 20.50%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the firm posted $3.25 EPS. The business's quarterly revenue was up 1.6% compared to the same quarter last year. Equities research analysts predict that Crocs, Inc. will post 12.93 EPS for the current year.

Analyst Upgrades and Downgrades

CROX has been the subject of a number of recent research reports. UBS Group reduced their target price on shares of Crocs from $146.00 to $122.00 and set a "neutral" rating for the company in a report on Wednesday, October 30th. Barclays reduced their target price on shares of Crocs from $164.00 to $125.00 and set an "overweight" rating for the company in a report on Tuesday, October 29th. Robert W. Baird dropped their price target on Crocs from $190.00 to $180.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 30th. Monness Crespi & Hardt dropped their price target on Crocs from $170.00 to $140.00 and set a "buy" rating on the stock in a research note on Wednesday, October 30th. Finally, Piper Sandler restated an "overweight" rating and set a $170.00 price target on shares of Crocs in a research note on Friday, August 23rd. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $151.14.

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.