4,015 Shares in Crocs, Inc. (NASDAQ:CROX) Acquired by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC acquired a new stake in Crocs, Inc. (NASDAQ:CROX - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 4,015 shares of the textile maker's stock, valued at approximately $426,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Victory Capital Management Inc. raised its position in shares of Crocs by 29.6% during the 1st quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker's stock valued at $3,883,000 after acquiring an additional 8,353 shares during the last quarter. Larson Financial Group LLC increased its holdings in Crocs by 541.8% in the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker's stock valued at $37,000 after purchasing an additional 298 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in Crocs in the first quarter valued at about $273,000. Signaturefd LLC boosted its holdings in Crocs by 65.3% during the first quarter. Signaturefd LLC now owns 686 shares of the textile maker's stock worth $73,000 after buying an additional 271 shares during the last quarter. Finally, Edgestream Partners L.P. acquired a new position in shares of Crocs during the 1st quarter worth about $1,606,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group started coverage on shares of Crocs in a report on Wednesday, July 2nd. They issued a "sell" rating and a $88.00 target price on the stock. Bank of America lowered their price target on Crocs from $140.00 to $135.00 and set a "buy" rating for the company in a report on Monday, June 30th. Loop Capital raised their price target on Crocs from $110.00 to $125.00 and gave the stock a "buy" rating in a research report on Tuesday, April 1st. Barclays decreased their price objective on Crocs from $122.00 to $119.00 and set an "overweight" rating for the company in a research report on Friday, May 9th. Finally, Stifel Nicolaus lowered their target price on Crocs from $138.00 to $127.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $135.13.

Insider Activity at Crocs

In other news, Director Ian Bickley sold 3,044 shares of the firm's stock in a transaction dated 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 sale, the director owned 27,505 shares in the company, valued at approximately $3,187,554.45. This trade represents a 9.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.00% of the stock is currently owned by corporate insiders.

Crocs Stock Performance

NASDAQ CROX opened at $105.18 on Friday. The firm has a market capitalization of $5.90 billion, a P/E ratio of 6.44, a price-to-earnings-growth ratio of 2.20 and a beta of 1.38. The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 0.75. The firm's fifty day moving average price is $105.48 and its two-hundred day moving average price is $102.94. Crocs, Inc. has a 1 year low of $86.11 and a 1 year high of $151.13.

Crocs (NASDAQ:CROX - Get Free Report) last issued its earnings results on Thursday, May 8th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.51 by $0.49. The business had revenue of $937.33 million during the quarter, compared to the consensus estimate of $907.07 million. Crocs had a net margin of 23.35% and a return on equity of 43.07%. Crocs's revenue was down .1% on a year-over-year basis. During the same period last year, the business posted $3.02 EPS. As a group, research analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current year.

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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.