Crocs, Inc. (NASDAQ:CROX) Shares Bought by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Crocs, Inc. (NASDAQ:CROX - Free Report) by 31.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,822 shares of the textile maker's stock after purchasing an additional 9,660 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.07% of Crocs worth $4,495,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Crocs by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 5,477,574 shares of the textile maker's stock valued at $599,959,000 after purchasing an additional 47,576 shares during the period. Empowered Funds LLC boosted its position in shares of Crocs by 42.0% in the 4th quarter. Empowered Funds LLC now owns 77,152 shares of the textile maker's stock valued at $8,450,000 after purchasing an additional 22,809 shares during the period. State of Alaska Department of Revenue raised its stake in Crocs by 129.8% during the 4th quarter. State of Alaska Department of Revenue now owns 21,678 shares of the textile maker's stock valued at $2,373,000 after acquiring an additional 12,245 shares during the last quarter. Impax Asset Management Group plc acquired a new stake in Crocs during the 4th quarter worth approximately $684,000. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Crocs by 39.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 17,236 shares of the textile maker's stock valued at $1,888,000 after purchasing an additional 4,862 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Crocs

In related news, EVP Shannon Sisler sold 4,659 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $109.75, for a total value of $511,325.25. Following the completion of the transaction, the executive vice president now owns 29,299 shares of the company's stock, valued at approximately $3,215,565.25. The trade was a 13.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Adam Michaels sold 15,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $106.69, for a total transaction of $1,600,350.00. Following the transaction, the executive vice president now directly owns 89,323 shares of the company's stock, 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 corporate insiders.

Crocs Price Performance

Shares of Crocs stock traded down $1.24 on Thursday, hitting $95.18. The company's stock had a trading volume of 359,187 shares, compared to its average volume of 1,472,276. Crocs, Inc. has a 52-week low of $86.11 and a 52-week high of $165.32. 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 firm has a fifty day moving average price of $99.89 and a 200-day moving average price of $105.92. The company has a market capitalization of $5.34 billion, a P/E ratio of 5.97, a price-to-earnings-growth ratio of 1.80 and a beta of 1.62.

Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings data 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 net margin of 23.16% and a return on equity of 46.27%. On average, equities research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CROX. Robert W. Baird decreased their price target on Crocs from $180.00 to $150.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Barclays lowered their price objective on shares of Crocs from $125.00 to $122.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. KeyCorp lowered their price objective on shares of Crocs from $150.00 to $120.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd. Loop Capital lifted their price objective 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. Finally, Piper Sandler lowered their price objective on shares of Crocs from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $139.21.

Crocs 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.