Crocs, Inc. (NASDAQ:CROX – Get Rating) CEO Andrew Rees sold 10,000 shares of the business’s stock in a transaction on Friday, November 18th. The stock was sold at an average price of $100.55, for a total value of $1,005,500.00. Following the transaction, the chief executive officer now owns 149,748 shares of the company’s stock, valued at approximately $15,057,161.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Crocs Stock Up 3.2 %
Shares of Crocs stock opened at $101.42 on Friday. The stock’s fifty day moving average is $78.36 and its 200-day moving average is $67.61. The firm has a market capitalization of $6.26 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 0.64 and a beta of 1.87. The company has a quick ratio of 1.07, a current ratio of 1.97 and a debt-to-equity ratio of 4.12. Crocs, Inc. has a 12-month low of $46.08 and a 12-month high of $180.88.
Analyst Ratings Changes
CROX has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Crocs from $100.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, November 14th. StockNews.com lowered Crocs from a “hold” rating to a “sell” rating in a research report on Friday, November 4th. Piper Sandler reduced their price target on Crocs from $120.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday, July 26th. BNP Paribas started coverage on Crocs in a report on Wednesday, September 21st. They issued a “neutral” rating for the company. Finally, B. Riley cut their price objective on Crocs from $120.00 to $116.00 in a report on Friday, August 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Crocs presently has a consensus rating of “Hold” and a consensus price target of $90.57.
Institutional Investors Weigh In On Crocs
Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. It offers various footwear products, including clogs, sandals, slides, flip-flops, boots, flats, wedges, platforms, socks, shoe charms, loafers, sneakers, and slippers under the Crocs brand name.
- Get a free copy of the StockNews.com research report on Crocs (CROX)
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