Kirr Marbach & Co. LLC IN Acquires 525 Shares of Crocs, Inc. (NASDAQ:CROX)

Kirr Marbach & Co. LLC IN grew its stake in Crocs, Inc. (NASDAQ:CROX) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,465 shares of the textile maker’s stock after purchasing an additional 525 shares during the quarter. Kirr Marbach & Co. LLC IN’s holdings in Crocs were worth $3,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Crocs by 1.4% in the first quarter. Vanguard Group Inc. now owns 5,572,643 shares of the textile maker’s stock valued at $801,346,000 after buying an additional 76,460 shares during the period. Pacer Advisors Inc. raised its position in shares of Crocs by 15.1% in the 2nd quarter. Pacer Advisors Inc. now owns 1,091,097 shares of the textile maker’s stock valued at $159,235,000 after acquiring an additional 142,944 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Crocs by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 901,973 shares of the textile maker’s stock valued at $131,634,000 after acquiring an additional 11,986 shares during the period. Dimensional Fund Advisors LP boosted its stake in Crocs by 12.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 790,225 shares of the textile maker’s stock worth $115,322,000 after acquiring an additional 89,610 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. grew its holdings in Crocs by 6.7% during the second quarter. Van Lanschot Kempen Investment Management N.V. now owns 521,726 shares of the textile maker’s stock valued at $76,141,000 after purchasing an additional 32,984 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Crocs

In related news, Director Douglas J. Treff sold 10,594 shares of Crocs stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $132.38, for a total value of $1,402,433.72. Following the sale, the director now owns 81,254 shares of the company’s stock, valued at approximately $10,756,404.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director John B. Replogle purchased 1,996 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was purchased at an average price of $123.96 per share, for a total transaction of $247,424.16. Following the completion of the purchase, the director now directly owns 7,064 shares in the company, valued at $875,653.44. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas J. Treff sold 10,594 shares of Crocs stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $132.38, for a total transaction of $1,402,433.72. Following the completion of the transaction, the director now directly owns 81,254 shares of the company’s stock, valued at approximately $10,756,404.52. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CROX. Williams Trading raised shares of Crocs from a “hold” rating to a “buy” rating and lifted their price target for the stock from $135.00 to $163.00 in a research report on Thursday, August 22nd. Barclays reduced their target price on Crocs from $169.00 to $164.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Raymond James downgraded Crocs from a “strong-buy” rating to an “outperform” rating and set a $164.00 price target for the company. in a report on Friday, August 2nd. Piper Sandler reaffirmed an “overweight” rating and set a $170.00 price target on shares of Crocs in a research report on Friday, August 23rd. Finally, UBS Group decreased their price objective on Crocs from $148.00 to $146.00 and set a “neutral” rating for the company in a research report on Tuesday, July 16th. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Crocs presently has a consensus rating of “Moderate Buy” and an average target price of $162.58.

Crocs Trading Up 2.4 %

NASDAQ:CROX opened at $139.40 on Friday. The company has a market cap of $8.46 billion, a P/E ratio of 10.79, a price-to-earnings-growth ratio of 1.35 and a beta of 1.99. Crocs, Inc. has a twelve month low of $74.00 and a twelve month high of $165.32. The business has a 50 day moving average price of $138.26 and a two-hundred day moving average price of $138.66. The company has a quick ratio of 0.95, a current ratio of 1.50 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, August 1st. The textile maker reported $4.01 EPS for the quarter, topping the consensus estimate of $3.59 by $0.42. Crocs had a net margin of 20.02% and a return on equity of 53.20%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the prior year, the company posted $3.59 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. As a group, analysts expect that Crocs, Inc. will post 12.88 EPS for the current fiscal year.

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.