Signaturefd LLC Sells 206 Shares of Crocs, Inc. (NASDAQ:CROX)

Signaturefd LLC lessened its stake in Crocs, Inc. (NASDAQ:CROX) by 33.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 415 shares of the textile maker’s stock after selling 206 shares during the quarter. Signaturefd LLC’s holdings in Crocs were worth $45,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Natixis Advisors LLC raised its position in shares of Crocs by 17.1% in the 3rd quarter. Natixis Advisors LLC now owns 12,221 shares of the textile maker’s stock valued at $1,770,000 after buying an additional 1,783 shares in the last quarter. Pathstone Holdings LLC increased its stake in Crocs by 24.2% in the third quarter. Pathstone Holdings LLC now owns 12,797 shares of the textile maker’s stock valued at $1,853,000 after acquiring an additional 2,491 shares during the last quarter. Cerity Partners LLC raised its position in Crocs by 36.6% during the third quarter. Cerity Partners LLC now owns 10,252 shares of the textile maker’s stock valued at $1,485,000 after purchasing an additional 2,745 shares in the last quarter. Algert Global LLC lifted its stake in Crocs by 17.1% during the third quarter. Algert Global LLC now owns 25,194 shares of the textile maker’s stock worth $3,648,000 after purchasing an additional 3,670 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Crocs during the third quarter worth $980,000. Institutional investors own 93.44% of the company’s stock.

Insider Activity

In other Crocs news, EVP Shannon Sisler sold 4,659 shares of Crocs stock in a transaction 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 transaction, the executive vice president now directly owns 29,299 shares of the company’s stock, valued at $3,215,565.25. The trade was a 13.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Adam Michaels sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $106.69, for a total transaction of $1,600,350.00. Following the transaction, the executive vice president now directly owns 89,323 shares in the company, valued at $9,529,870.87. The trade was a 14.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.72% of the stock is currently owned by company insiders.

Crocs Stock Up 1.5 %

Crocs stock opened at $112.59 on Wednesday. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 1.80 and a beta of 1.84. Crocs, Inc. has a 52-week low of $88.25 and a 52-week high of $165.32. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.18. The firm has a 50 day moving average price of $102.39 and a two-hundred day moving average price of $113.19.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Barclays lowered their price target on Crocs from $125.00 to $122.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Bank of America increased their target price on shares of Crocs from $144.00 to $153.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Guggenheim decreased their price target on shares of Crocs from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. StockNews.com cut shares of Crocs from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Finally, Robert W. Baird cut their target price on shares of Crocs from $180.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $143.53.

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.