Crocs, Inc. (NASDAQ:CROX) EVP Shannon Sisler Sells 4,659 Shares

Crocs, Inc. (NASDAQ:CROX) EVP Shannon Sisler sold 4,659 shares of the firm’s 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 of the company’s stock, valued at $3,215,565.25. The trade was a 13.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $107.60 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $105.39 and its two-hundred day moving average is $118.75. The company has a market cap of $6.03 billion, a P/E ratio of 6.73, a P/E/G ratio of 1.83 and a beta of 1.93. Crocs, Inc. has a 12 month low of $88.25 and a 12 month high of $165.32.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 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%. On average, equities analysts expect that Crocs, Inc. will post 13.2 EPS for the current year.

Institutional Trading of Crocs

Institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. grew its holdings in shares of Crocs by 11,200.0% during the 3rd 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. grew its holdings in shares of Crocs by 46.6% during the 4th quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock worth $49,000 after purchasing an additional 142 shares in the last quarter. Allianz SE acquired a new stake in shares of Crocs during the 4th quarter worth approximately $53,000. Avior Wealth Management LLC grew its holdings in shares of Crocs by 109.5% during the 3rd quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock worth $58,000 after purchasing an additional 208 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Crocs during the 3rd quarter worth approximately $73,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Bank of America raised their price objective on Crocs from $144.00 to $153.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Guggenheim decreased 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. Needham & Company LLC restated a “buy” rating and set a $129.00 price objective on shares of Crocs in a research report on Thursday, February 13th. KeyCorp decreased their price objective on Crocs from $150.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Finally, UBS Group raised their price objective on Crocs from $122.00 to $132.00 and gave the stock a “neutral” rating in a research report on Wednesday. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $143.53.

About Crocs

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.