2,581 Shares in Crocs, Inc. (NASDAQ:CROX) Acquired by Ethic Inc.

Ethic Inc. bought a new position in Crocs, Inc. (NASDAQ:CROX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,581 shares of the textile maker's stock, valued at approximately $283,000.

A number of other large investors have also bought and sold shares of the business. Ensign Peak Advisors Inc raised its position in Crocs by 124.4% in the 4th quarter. Ensign Peak Advisors Inc now owns 98,979 shares of the textile maker's stock worth $10,841,000 after purchasing an additional 54,868 shares during the last quarter. Deutsche Bank AG raised its position in shares of Crocs by 30.6% during the fourth quarter. Deutsche Bank AG now owns 4,585 shares of the textile maker's stock worth $502,000 after acquiring an additional 1,074 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Crocs by 53.8% during the fourth quarter. Cetera Investment Advisers now owns 19,750 shares of the textile maker's stock valued at $2,163,000 after acquiring an additional 6,908 shares during the period. Baird Financial Group Inc. boosted its holdings in Crocs by 5.3% in the fourth quarter. Baird Financial Group Inc. now owns 239,833 shares of the textile maker's stock valued at $26,269,000 after acquiring an additional 12,067 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Crocs by 4.3% in the fourth quarter. Ameriprise Financial Inc. now owns 168,730 shares of the textile maker's stock worth $18,483,000 after purchasing an additional 6,970 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Crocs

In other news, EVP Shannon Sisler sold 4,659 shares of the company's 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 in the company, valued at $3,215,565.25. This represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ian Bickley sold 3,044 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $115.89, for a total transaction of $352,769.16. Following the completion of the transaction, the director now directly owns 27,505 shares of the company's stock, valued at $3,187,554.45. This represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.00% of the company's stock.

Crocs Stock Down 1.6%

CROX stock traded down $1.82 during mid-day trading on Tuesday, hitting $112.91. 1,635,333 shares of the company were exchanged, compared to its average volume of 1,501,727. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.18. Crocs, Inc. has a 1-year low of $86.11 and a 1-year high of $165.32. The firm's 50 day simple moving average is $102.11 and its 200 day simple moving average is $103.89. The firm has a market cap of $6.33 billion, a P/E ratio of 7.06, a P/E/G ratio of 1.80 and a beta of 1.46.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.51 by $0.49. The business had revenue of $937.33 million for the quarter, compared to analysts' expectations of $907.07 million. Crocs had a net margin of 23.16% and a return on equity of 46.27%. The firm's revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.02 EPS. On average, sell-side analysts predict that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of Crocs from $180.00 to $150.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Piper Sandler lowered their target price on shares of Crocs from $125.00 to $115.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Needham & Company LLC upped their target price on shares of Crocs from $118.00 to $129.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Stifel Nicolaus reduced their price target on Crocs from $138.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, Guggenheim dropped their price objective on Crocs from $155.00 to $150.00 and set a "buy" rating for the company in a report on Monday, February 3rd. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Crocs presently has a consensus rating of "Moderate Buy" and an average target price of $139.79.

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.