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Crocs, Inc. (NASDAQ:CROX) Shares Acquired by Fuller & Thaler Asset Management Inc.

Crocs logo with Consumer Discretionary background

Fuller & Thaler Asset Management Inc. lifted its stake in Crocs, Inc. (NASDAQ:CROX - Free Report) by 49.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,308,402 shares of the textile maker's stock after buying an additional 429,994 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.25% of Crocs worth $143,309,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CROX. Clear Harbor Asset Management LLC lifted its holdings in Crocs by 3.3% in the 4th quarter. Clear Harbor Asset Management LLC now owns 3,114 shares of the textile maker's stock worth $341,000 after purchasing an additional 100 shares in the last quarter. Valmark Advisers Inc. boosted its position in shares of Crocs by 1.8% during the fourth quarter. Valmark Advisers Inc. now owns 6,626 shares of the textile maker's stock worth $726,000 after acquiring an additional 117 shares during the last quarter. Manchester Capital Management LLC boosted its position in shares of Crocs by 9.9% during the fourth quarter. Manchester Capital Management LLC now owns 1,437 shares of the textile maker's stock worth $157,000 after acquiring an additional 129 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Crocs by 46.6% during the fourth quarter. UMB Bank n.a. now owns 447 shares of the textile maker's stock worth $49,000 after acquiring an additional 142 shares during the last quarter. Finally, Riverwater Partners LLC boosted its position in shares of Crocs by 0.9% during the fourth quarter. Riverwater Partners LLC now owns 19,974 shares of the textile maker's stock worth $2,188,000 after acquiring an additional 177 shares during the last quarter. Institutional investors own 93.44% of the company's stock.

Insiders Place Their Bets

In other news, EVP Adam Michaels sold 15,000 shares of the firm's stock in a transaction dated 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 sale, the executive vice president now directly owns 89,323 shares in the company, valued at approximately $9,529,870.87. This trade represents a 14.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Shannon Sisler sold 4,659 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $109.75, for a total transaction of $511,325.25. Following the completion of the sale, the executive vice president now owns 29,299 shares in the company, valued at $3,215,565.25. This represents a 13.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.72% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on CROX. Piper Sandler decreased their price target on shares of Crocs from $125.00 to $115.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Stifel Nicolaus decreased their price target on shares of Crocs from $138.00 to $127.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Guggenheim decreased their price target on shares of Crocs from $155.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday, February 3rd. UBS Group upped their price target on shares of Crocs from $122.00 to $132.00 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Finally, Bank of America upped their price target on shares of Crocs from $144.00 to $153.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $140.00.

Get Our Latest Stock Report on Crocs

Crocs Trading Down 2.2 %

CROX stock traded down $2.12 during trading on Monday, hitting $95.56. The company had a trading volume of 563,495 shares, compared to its average volume of 1,467,520. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. Crocs, Inc. has a 52-week low of $86.11 and a 52-week high of $165.32. The company has a 50 day simple moving average of $100.66 and a 200-day simple moving average of $106.36. The firm has a market capitalization of $5.36 billion, a P/E ratio of 5.97, a PEG ratio of 1.80 and a beta of 1.62.

Crocs (NASDAQ:CROX - Get Free Report) last issued its earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share (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%. As a group, research analysts forecast that Crocs, Inc. will post 13.2 earnings per share for the current fiscal 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.

See Also

Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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