3,685 Shares in Crocs, Inc. (NASDAQ:CROX) Acquired by X Square Capital LLC

X Square Capital LLC purchased a new position in Crocs, Inc. (NASDAQ:CROX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,685 shares of the textile maker's stock, valued at approximately $404,000.

Other institutional investors have also made changes to their positions in the company. New Age Alpha Advisors LLC acquired a new stake in shares of Crocs during the 4th quarter valued at about $1,526,000. Norges Bank acquired a new stake in shares of Crocs in the fourth quarter worth about $62,221,000. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in shares of Crocs by 10.8% during the 4th quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 7,961 shares of the textile maker's stock valued at $872,000 after acquiring an additional 775 shares during the last quarter. Amica Mutual Insurance Co. bought a new position in shares of Crocs in the 4th quarter valued at approximately $333,000. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Crocs by 27.3% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 18,597 shares of the textile maker's stock worth $2,037,000 after purchasing an additional 3,985 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CROX has been the topic of several recent analyst reports. Bank of America lifted their target price on shares of Crocs from $144.00 to $153.00 and gave the stock a "buy" rating in a report on Friday, February 14th. KeyCorp reduced their target price on shares of Crocs from $150.00 to $120.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Guggenheim lowered their price target on Crocs from $155.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday, February 3rd. Loop Capital upgraded Crocs from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Wednesday, March 12th. Finally, Barclays decreased their price target on shares of Crocs from $125.00 to $122.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Crocs has an average rating of "Moderate Buy" and an average target price of $143.53.

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Insider Buying and Selling

In other Crocs news, 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 transaction, the executive vice president now owns 29,299 shares of the company's stock, valued at approximately $3,215,565.25. This represents a 13.72 % decrease in their position. The transaction was disclosed in a 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 shares were sold at an average price of $106.69, for a total value of $1,600,350.00. Following the completion of the sale, the executive vice president now directly owns 89,323 shares of the company's stock, valued at $9,529,870.87. This trade represents a 14.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.72% of the stock is owned by corporate insiders.

Crocs Price Performance

Shares of NASDAQ:CROX traded up $0.30 during trading on Monday, reaching $106.29. The stock had a trading volume of 1,074,086 shares, compared to its average volume of 1,382,889. The stock has a market capitalization of $5.96 billion, a PE ratio of 6.65, a P/E/G ratio of 1.80 and a beta of 1.84. 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 52 week low of $88.25 and a 52 week high of $165.32. The business's 50-day moving average price is $102.78 and its 200 day moving average price is $112.81.

Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share for the quarter, beating 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%. As a group, equities analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current year.

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.