2 days Ago By ABMN Staff
American Century Companies Inc. lifted its position in shares of Crocs, Inc. ( NASDAQ:CROX – Free Report ) by 7.
3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 325,516 shares of the textile maker’s stock after buying an additional 22,069 shares during the quarter.
American Century Companies Inc.’s holdings in Crocs were worth $47,506,000 as of its most recent SEC filing. Other hedge funds also recently added to or reduced their stakes in the company.
Nordea Investment Management AB raised its stake in shares of Crocs by 17.0% in the first quarter. Nordea Investment Management AB now owns 51,189 shares of the textile maker’s stock worth $7,292,000 after purchasing an additional 7,448 shares during the last quarter.
Alaska Permanent Fund Corp lifted its stake in Crocs by 282.2% during the 1st quarter. Alaska Permanent Fund Corp now owns 15,478 shares of the textile maker’s stock valued at $2,226,000 after acquiring an additional 11,428 shares during the period.
Tyro Capital Management LLC bought a new stake in shares of Crocs in the fourth quarter worth approximately $10,481,000. Boston Partners purchased a new position in shares of Crocs during the first quarter valued at approximately $10,771,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Crocs by 242.
1% during the fourth quarter. BNP Paribas Financial Markets now owns 56,494 shares of the textile maker’s stock valued at $5,277,000 after purchasing an additional 39,979 shares during the last quarter. 93.
44% of the stock is currently owned by hedge funds and other institutional investors. Crocs Stock Performance CROX opened at $135.47 on Tuesday.
The firm has a market cap of $8.22 billion, a P/E ratio of 10.49, a PEG ratio of 1.
29 and a beta of 2.00. Crocs, Inc.
has a 1-year low of $74.00 and a 1-year high of $165.32.
The company has a 50 day simple moving average of $134.55 and a two-hundred day simple moving average of $137.49.
The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 0.
95. Wall Street Analyst Weigh In A number of equities research analysts have commented on CROX shares. Williams Trading raised shares of Crocs from a “hold” rating to a “buy” rating and lifted their target price for the stock from $135.
00 to $163.00 in a research report on Thursday, August 22nd. Barclays cut their price objective on Crocs from $169.
00 to $164.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Raymond James downgraded Crocs from a “strong-buy” rating to an “outperform” rating and set a $164.
00 target price on the stock. in a report on Friday, August 2nd. Piper Sandler restated an “overweight” rating and set a $170.
00 price target on shares of Crocs in a research note on Friday, August 23rd. Finally, StockNews.com upgraded shares of Crocs from a “hold” rating to a “buy” rating in a research note on Friday, August 23rd.
Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $160.
27. Check Out Our Latest Stock Analysis on CROX Insider Activity at Crocs In other Crocs news, Director John B. Replogle purchased 1,996 shares of the company’s stock in a transaction on Friday, August 2nd.
The stock was acquired at an average cost of $123.96 per share, for a total transaction of $247,424.16.
Following the purchase, the director now directly owns 7,064 shares of the company’s stock, valued at approximately $875,653.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
In related news, Director Douglas J. Treff sold 10,594 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $132.
38, for a total transaction of $1,402,433.72. Following the completion of the transaction, the director now directly owns 81,254 shares of the company’s stock, valued at $10,756,404.
52. The sale was disclosed in a filing with the SEC, which is available through this link . Also, Director John B.
Replogle purchased 1,996 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of $123.96 per share, with a total value of $247,424.
16. Following the acquisition, the director now directly owns 7,064 shares in the company, valued at $875,653.44.
The disclosure for this purchase can be found here . 2.72% of the stock is owned by corporate insiders.
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. Featured Stories 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.
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