2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. increased its holdings in shares of Crocs, Inc. ( NASDAQ:CROX – Free Report ) by 57.
7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,172 shares of the textile maker’s stock after acquiring an additional 9,942 shares during the period.
Russell Investments Group Ltd.’s holdings in Crocs were worth $2,976,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Stifel Financial Corp raised its position in shares of Crocs by 5.0% during the third quarter. Stifel Financial Corp now owns 10,994 shares of the textile maker’s stock valued at $1,592,000 after buying an additional 523 shares during the last quarter.
World Investment Advisors LLC bought a new stake in Crocs in the 3rd quarter valued at $211,000. Wilmington Savings Fund Society FSB bought a new position in shares of Crocs during the 3rd quarter valued at about $73,000. Tidal Investments LLC grew its position in shares of Crocs by 64.
5% during the third quarter. Tidal Investments LLC now owns 21,674 shares of the textile maker’s stock valued at $3,139,000 after purchasing an additional 8,498 shares in the last quarter. Finally, Franklin Resources Inc.
lifted its position in shares of Crocs by 31.1% in the third quarter. Franklin Resources Inc.
now owns 46,600 shares of the textile maker’s stock worth $6,497,000 after buying an additional 11,056 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.
Insiders Place Their Bets In other news, EVP Shannon Sisler sold 4,659 shares of the 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 this link .
Also, EVP Adam Michaels sold 15,000 shares of the firm’s 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 transaction, the executive vice president now owns 89,323 shares in the company, valued at approximately $9,529,870.87.
This represents a 14.38 % decrease in their position. The disclosure for this sale can be found here .
2.72% of the stock is currently owned by company insiders. Crocs Trading Up 2.
3 % Crocs ( NASDAQ:CROX – Get Free Report ) last issued its earnings results on Thursday, February 13th. The textile maker reported $2.52 EPS 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, research analysts anticipate that Crocs, Inc.
will post 13.2 EPS for the current year. Analyst Upgrades and Downgrades A number of analysts have issued reports on CROX shares.
Piper Sandler reduced their price objective on Crocs from $125.00 to $115.00 and set an “overweight” rating on the stock in a research note on Friday, April 11th.
UBS Group increased their price objective on shares of Crocs from $122.00 to $132.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th.
Loop Capital upped their target price on shares of Crocs from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, April 1st.
StockNews.com cut Crocs from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Barclays dropped their target price on Crocs from $125.
00 to $122.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock.
According to MarketBeat, Crocs has a consensus rating of “Moderate Buy” and an average target price of $140.00. Get Our Latest Stock Report on Crocs About Crocs ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding CROX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crocs, Inc.
( NASDAQ:CROX – Free Report ). Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter .
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