Aurora Investment Counsel Has $1.08 Million Stake in Crocs, Inc. (NASDAQ:CROX)

Aurora Investment Counsel grew its holdings in shares of Crocs, Inc. (NASDAQ:CROXFree Report) by 33.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,595 shares of the textile maker’s stock after acquiring an additional 2,936 shares during the quarter. Aurora Investment Counsel’s holdings in Crocs were worth $1,083,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CROX. Raymond James & Associates grew its holdings in shares of Crocs by 235.8% during the fourth quarter. Raymond James & Associates now owns 58,514 shares of the textile maker’s stock worth $5,466,000 after purchasing an additional 41,091 shares during the last quarter. Tyro Capital Management LLC bought a new stake in shares of Crocs during the fourth quarter worth about $10,481,000. Tealwood Asset Management Inc. bought a new stake in shares of Crocs during the fourth quarter worth about $865,000. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Crocs by 27.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 38,609 shares of the textile maker’s stock worth $3,407,000 after purchasing an additional 8,297 shares during the last quarter. Finally, BNP Paribas Financial Markets grew 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 worth $5,277,000 after purchasing an additional 39,979 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

CROX has been the topic of several research reports. Bank of America boosted their price target on Crocs from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, March 20th. Stifel Nicolaus upped their target price on Crocs from $140.00 to $158.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Wedbush upped their target price on Crocs from $156.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, May 13th. B. Riley upped their target price on Crocs from $95.00 to $122.00 and gave the company a “neutral” rating in a report on Wednesday, April 10th. Finally, Barclays upped their target price on Crocs from $167.00 to $169.00 and gave the company an “overweight” rating in a report on Wednesday, May 8th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $151.75.

Check Out Our Latest Stock Report on Crocs

Insider Transactions at Crocs

In other news, Director Thomas J. Smach sold 10,174 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $140.32, for a total transaction of $1,427,615.68. Following the transaction, the director now directly owns 115,339 shares of the company’s stock, valued at $16,184,368.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Shannon Sisler sold 1,450 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $152.32, for a total value of $220,864.00. Following the completion of the sale, the executive vice president now directly owns 35,653 shares of the company’s stock, valued at approximately $5,430,664.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas J. Smach sold 10,174 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of $140.32, for a total value of $1,427,615.68. Following the completion of the sale, the director now directly owns 115,339 shares of the company’s stock, valued at $16,184,368.48. The disclosure for this sale can be found here. Insiders have sold 13,028 shares of company stock valued at $1,859,024 over the last ninety days. 2.72% of the stock is owned by company insiders.

Crocs Trading Down 1.1 %

CROX traded down $1.67 during trading on Friday, hitting $156.98. The company’s stock had a trading volume of 1,074,237 shares, compared to its average volume of 1,353,761. The company has a quick ratio of 1.14, a current ratio of 1.76 and a debt-to-equity ratio of 1.08. Crocs, Inc. has a twelve month low of $74.00 and a twelve month high of $159.75. The stock’s fifty day moving average price is $137.81 and its 200-day moving average price is $120.92. The firm has a market capitalization of $9.53 billion, a P/E ratio of 12.01, a PEG ratio of 1.78 and a beta of 1.97.

Crocs (NASDAQ:CROXGet Free Report) last issued its earnings results on Tuesday, May 7th. The textile maker reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.77. Crocs had a return on equity of 56.33% and a net margin of 19.80%. The company had revenue of $938.60 million for the quarter, compared to analyst estimates of $884.29 million. During the same period in the prior year, the firm earned $2.61 earnings per share. Crocs’s revenue for the quarter was up 6.2% on a year-over-year basis. Analysts anticipate that Crocs, Inc. will post 12.66 EPS for the current 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.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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