Crocs, Inc. (NASDAQ:CROX) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,477,574 shares of the textile maker's stock after buying an additional 47,576 shares during the quarter. Vanguard Group Inc. owned about 9.40% of Crocs worth $599,959,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CROX. UMB Bank n.a. grew its stake in Crocs by 46.6% during the 4th quarter. UMB Bank n.a. now owns 447 shares of the textile maker's stock valued at $49,000 after acquiring an additional 142 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Crocs during the 3rd quarter worth approximately $73,000. Jones Financial Companies Lllp grew its position in shares of Crocs by 38.3% in the fourth quarter. Jones Financial Companies Lllp now owns 744 shares of the textile maker's stock valued at $81,000 after purchasing an additional 206 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in Crocs during the fourth quarter worth approximately $96,000. Finally, Quarry LP acquired a new position in Crocs during the third quarter worth $104,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

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Crocs Stock Up 4.9 %

Shares of CROX stock traded up $4.68 during trading on Friday, reaching $100.65. The company's stock had a trading volume of 4,695,361 shares, compared to its average volume of 1,418,952. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.18 and a quick ratio of 0.70. 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 $5.64 billion, a price-to-earnings ratio of 6.29, a P/E/G 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 posted its quarterly earnings data 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 return on equity of 46.27% and a net margin of 23.16%. On average, research analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CROX shares. KeyCorp lowered their price target 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. Robert W. Baird decreased their target price on shares of Crocs from $180.00 to $150.00 and set an "outperform" rating on the stock in a report on Monday, February 10th. Loop Capital raised their price target on shares of Crocs from $110.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday. Guggenheim lowered their price objective on Crocs from $155.00 to $150.00 and set a "buy" rating for the company in a research report on Monday, February 3rd. Finally, Barclays reduced their target price 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 research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $144.53.

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.