V Square Quantitative Management LLC Has $45,000 Stock Holdings in Crocs, Inc. (NASDAQ:CROX)

V Square Quantitative Management LLC lifted its stake in Crocs, Inc. (NASDAQ:CROX) by 83.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 313 shares of the textile maker’s stock after purchasing an additional 142 shares during the quarter. V Square Quantitative Management LLC’s holdings in Crocs were worth $45,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. GHP Investment Advisors Inc. boosted its holdings in shares of Crocs by 375.0% in the second quarter. GHP Investment Advisors Inc. now owns 228 shares of the textile maker’s stock worth $33,000 after buying an additional 180 shares during the period. UMB Bank n.a. raised its stake in Crocs by 64.9% during the 3rd quarter. UMB Bank n.a. now owns 305 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 120 shares during the period. Blue Trust Inc. boosted its position in shares of Crocs by 19.3% in the second quarter. Blue Trust Inc. now owns 1,001 shares of the textile maker’s stock worth $144,000 after buying an additional 162 shares during the period. Nisa Investment Advisors LLC grew its holdings in shares of Crocs by 8.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,041 shares of the textile maker’s stock valued at $152,000 after buying an additional 85 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Crocs by 50.0% during the second quarter. GAMMA Investing LLC now owns 1,068 shares of the textile maker’s stock valued at $156,000 after buying an additional 356 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Activity

In related news, Director Douglas J. Treff sold 10,594 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $132.38, for a total transaction of $1,402,433.72. Following the transaction, the director now owns 81,254 shares of the company’s stock, valued at approximately $10,756,404.52. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director John B. Replogle acquired 1,996 shares of the firm’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average price of $123.96 per share, with a total value of $247,424.16. Following the acquisition, the director now owns 7,064 shares of the company’s stock, valued at $875,653.44. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas J. Treff sold 10,594 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $132.38, for a total value of $1,402,433.72. Following the completion of the transaction, the director now owns 81,254 shares of the company’s stock, valued at $10,756,404.52. The trade was a 0.00 % 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.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. KeyCorp lifted their target price on Crocs from $149.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, September 26th. Williams Trading upgraded shares of Crocs from a “hold” rating to a “buy” rating and upped their price objective for the company from $135.00 to $163.00 in a research note on Thursday, August 22nd. Barclays decreased their target price on shares of Crocs from $169.00 to $164.00 and set an “overweight” rating for the company in a research note on Friday, August 2nd. StockNews.com upgraded Crocs from a “hold” rating to a “buy” rating in a report on Tuesday, October 15th. Finally, Raymond James downgraded Crocs from a “strong-buy” rating to an “outperform” rating and set a $164.00 target price on the stock. in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.58.

Crocs Stock Performance

CROX opened at $139.40 on Monday. Crocs, Inc. has a 52-week low of $74.00 and a 52-week high of $165.32. The company has a market cap of $8.46 billion, a PE ratio of 10.79, a price-to-earnings-growth ratio of 1.35 and a beta of 1.99. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 1.50. The stock has a 50-day moving average of $138.26 and a 200-day moving average of $138.64.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, August 1st. The textile maker reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.42. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.10 billion. Crocs had a net margin of 20.02% and a return on equity of 53.20%. Crocs’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.59 EPS. As a group, equities research analysts forecast that Crocs, Inc. will post 12.88 earnings per share for the current fiscal year.

About Crocs

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.