Mutual of America Capital Management LLC lowered its stake in shares of Crocs, Inc. (NASDAQ:CROX – Get Rating) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,455 shares of the textile maker’s stock after selling 2,210 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Crocs were worth $2,504,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in the stock. FinTrust Capital Advisors LLC boosted its holdings in Crocs by 100.0% in the first quarter. FinTrust Capital Advisors LLC now owns 400 shares of the textile maker’s stock worth $31,000 after purchasing an additional 200 shares during the period. Meeder Asset Management Inc. acquired a new position in Crocs in the first quarter worth $36,000. Community Bank N.A. acquired a new position in Crocs in the first quarter worth $68,000. Banque Cantonale Vaudoise acquired a new position in Crocs in the second quarter worth $52,000. Finally, Silvant Capital Management LLC acquired a new position in Crocs in the first quarter worth $117,000. Institutional investors and hedge funds own 79.96% of the company’s stock.
Crocs Price Performance
Shares of NASDAQ CROX opened at $96.13 on Wednesday. Crocs, Inc. has a fifty-two week low of $46.08 and a fifty-two week high of $175.49. The firm’s 50-day simple moving average is $78.95 and its 200 day simple moving average is $68.01. The company has a quick ratio of 1.07, a current ratio of 1.97 and a debt-to-equity ratio of 4.12. The stock has a market cap of $5.94 billion, a P/E ratio of 10.61, a P/E/G ratio of 0.66 and a beta of 1.87.
Insider Activity at Crocs
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Exane BNP Paribas assumed coverage on shares of Crocs in a report on Wednesday, September 21st. They issued a “neutral” rating for the company. BNP Paribas started coverage on shares of Crocs in a report on Wednesday, September 21st. They set a “neutral” rating for the company. Robert W. Baird boosted their price target on shares of Crocs from $100.00 to $150.00 and gave the company an “outperform” rating in a report on Monday, November 14th. B. Riley reduced their price target on shares of Crocs from $120.00 to $116.00 in a report on Friday, August 5th. Finally, Piper Sandler reduced their price target on shares of Crocs from $120.00 to $90.00 and set an “overweight” rating for the company in a report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $90.57.
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)
- After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?
- Cisco Systems Hopes Restructuring Cuts Costs to Drive Revenue
- The Sell-Side Caps Gains In Dick’s Sporting Goods
- Want to Get a 10% Dividend Yield, Look Here
- Stock-ing Stuffers: 3 Attractive Stocks Trading Around $10
Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.