Crocs, Inc. (NASDAQ:CROX) Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its holdings in Crocs, Inc. (NASDAQ:CROX) by 425.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 678 shares of the textile maker’s stock after purchasing an additional 549 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Crocs were worth $74,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. UMB Bank n.a. increased its position in Crocs by 46.6% in the 4th quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock valued at $49,000 after acquiring an additional 142 shares during the period. Allianz SE acquired a new position in shares of Crocs in the fourth quarter valued at approximately $53,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Crocs during the third quarter worth approximately $73,000. Jones Financial Companies Lllp grew its position in Crocs by 38.3% in the 4th quarter. Jones Financial Companies Lllp now owns 744 shares of the textile maker’s stock valued at $81,000 after buying an additional 206 shares during the last quarter. Finally, Whipplewood Advisors LLC acquired a new position in Crocs in the 4th quarter valued at $96,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Shannon Sisler sold 4,659 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $109.75, for a total transaction of $511,325.25. Following the sale, the executive vice president now owns 29,299 shares in the company, valued at approximately $3,215,565.25. This trade represents a 13.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adam Michaels sold 15,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $106.69, for a total value of $1,600,350.00. Following the transaction, the executive vice president now directly owns 89,323 shares in the company, valued at approximately $9,529,870.87. This represents a 14.38 % decrease in their position. The disclosure for this sale can be found here. 2.72% of the stock is owned by corporate insiders.

Crocs Stock Down 1.1 %

CROX stock opened at $97.68 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.18 and a quick ratio of 0.70. Crocs, Inc. has a 12 month low of $86.11 and a 12 month high of $165.32. The firm has a market capitalization of $5.48 billion, a PE ratio of 6.11, a P/E/G ratio of 1.80 and a beta of 1.62. The company’s 50 day simple moving average is $100.66 and its 200-day simple moving average is $106.36.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.25. Crocs had a return on equity of 46.27% and a net margin of 23.16%. Equities analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CROX shares. Loop Capital boosted their price target on shares of Crocs from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, April 1st. Bank of America increased their target price on Crocs from $144.00 to $153.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Robert W. Baird decreased their price target on Crocs from $180.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Guggenheim cut their price objective on Crocs from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Finally, StockNews.com lowered shares of Crocs from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $140.00.

Crocs 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.