2 weeks Ago By ABMN Staff
Wells Fargo & Company MN increased its position in Crocs, Inc. ( NASDAQ:CROX – Free Report ) by 35.6% during the fourth quarter, HoldingsChannel.
com reports. The firm owned 20,744 shares of the textile maker’s stock after acquiring an additional 5,448 shares during the quarter. Wells Fargo & Company MN’s holdings in Crocs were worth $2,272,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Riverwater Partners LLC lifted its stake in shares of Crocs by 0.9% in the fourth quarter.
Riverwater Partners LLC now owns 19,974 shares of the textile maker’s stock worth $2,188,000 after buying an additional 177 shares in the last quarter. Integrated Quantitative Investments LLC bought a new stake in shares of Crocs in the 4th quarter worth $887,000. Prudential PLC purchased a new position in shares of Crocs in the fourth quarter worth $302,000.
Motley Fool Asset Management LLC raised its stake in shares of Crocs by 10.3% in the fourth quarter. Motley Fool Asset Management LLC now owns 14,189 shares of the textile maker’s stock worth $1,554,000 after purchasing an additional 1,330 shares during the last quarter.
Finally, Cynosure Group LLC lifted its holdings in shares of Crocs by 7.8% during the fourth quarter. Cynosure Group LLC now owns 2,736 shares of the textile maker’s stock valued at $300,000 after purchasing an additional 197 shares in the last quarter.
93.44% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling at Crocs In related news, EVP Shannon Sisler sold 4,659 shares of Crocs stock in a transaction that occurred 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 sale, the executive vice president now owns 29,299 shares of the company’s stock, valued at approximately $3,215,565.25. This trade represents a 13.
72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, EVP Adam Michaels sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th.
The stock was sold at an average price of $106.69, for a total value of $1,600,350.00.
Following the completion of the transaction, the executive vice president now owns 89,323 shares of the company’s stock, valued at $9,529,870.87. The trade was a 14.
38 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders own 2.
72% of the company’s stock. Wall Street Analyst Weigh In Get Our Latest Stock Analysis on CROX Crocs Trading Down 1.1 % Shares of NASDAQ:CROX opened at $97.
68 on Friday. Crocs, Inc. has a 12-month low of $86.
11 and a 12-month high of $165.32. The company has a market cap of $5.
48 billion, a PE ratio of 6.11, a price-to-earnings-growth ratio of 1.80 and a beta of 1.
62. The stock has a 50 day moving average of $100.66 and a 200 day moving average of $106.
76. The company has a current ratio of 1.18, a quick ratio of 0.
70 and a debt-to-equity ratio of 0.74. Crocs ( NASDAQ:CROX – Get Free Report ) last announced its quarterly earnings data on Thursday, February 13th.
The textile maker reported $2.52 earnings per share (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%. As a group, equities research analysts expect that Crocs, Inc. will post 13.
2 EPS for the current year. Crocs Profile ( 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.
Read More 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 ).
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