Crocs, Inc. (NASDAQ:CROX) Shares Sold by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN cut its stake in Crocs, Inc. (NASDAQ:CROX) by 9.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,879 shares of the textile maker’s stock after selling 2,586 shares during the period. Kirr Marbach & Co. LLC IN’s holdings in Crocs were worth $2,725,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of CROX. Financial Management Professionals Inc. boosted its position in Crocs by 11,200.0% in the third quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker’s stock valued at $33,000 after buying an additional 224 shares during the last quarter. UMB Bank n.a. lifted its position in Crocs by 64.9% during the third 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. V Square Quantitative Management LLC boosted its holdings in Crocs by 83.0% in the third quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 142 shares during the last quarter. Avior Wealth Management LLC grew its position in Crocs by 109.5% during the 3rd quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock worth $58,000 after purchasing an additional 208 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Crocs during the 3rd quarter valued at about $73,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

CROX has been the topic of several analyst reports. Barclays dropped their target price on Crocs from $164.00 to $125.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Raymond James lowered shares of Crocs from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 30th. Monness Crespi & Hardt lowered their price target on shares of Crocs from $170.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Guggenheim reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Crocs in a report on Friday, December 6th. Finally, Needham & Company LLC started coverage on Crocs in a research report on Friday, November 22nd. They set a “buy” rating and a $116.00 target price on the stock. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $146.80.

Crocs Price Performance

Shares of NASDAQ CROX opened at $103.56 on Wednesday. Crocs, Inc. has a 52 week low of $94.50 and a 52 week high of $165.32. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of 1.79 and a beta of 1.95. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. The firm has a 50-day simple moving average of $107.91 and a 200-day simple moving average of $122.33.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Tuesday, October 29th. The textile maker reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.50. Crocs had a return on equity of 49.70% and a net margin of 20.50%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the business earned $3.25 earnings per share. The business’s revenue was up 1.6% compared to the same quarter last year. On average, equities analysts predict that Crocs, Inc. will post 12.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Crocs

In other Crocs news, CFO Susan L. Healy acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was bought at an average cost of $99.70 per share, for a total transaction of $99,700.00. Following the completion of the transaction, the chief financial officer now owns 22,652 shares of the company’s stock, valued at approximately $2,258,404.40. The trade was a 4.62 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.72% of the stock is owned by company insiders.

Crocs Company 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.