Aurora Investment Counsel Sells 5,093 Shares of Crocs, Inc. (NASDAQ:CROX)

Aurora Investment Counsel decreased its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 45.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,004 shares of the textile maker’s stock after selling 5,093 shares during the period. Aurora Investment Counsel’s holdings in Crocs were worth $876,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its position in shares of Crocs by 8.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,041 shares of the textile maker’s stock worth $152,000 after buying an additional 85 shares during the period. Riverwater Partners LLC boosted its stake in shares of Crocs by 1.0% in the 1st quarter. Riverwater Partners LLC now owns 10,725 shares of the textile maker’s stock valued at $1,542,000 after purchasing an additional 104 shares in the last quarter. 180 Wealth Advisors LLC grew its holdings in shares of Crocs by 1.6% in the 2nd quarter. 180 Wealth Advisors LLC now owns 7,248 shares of the textile maker’s stock worth $1,036,000 after purchasing an additional 111 shares during the last quarter. Blue Trust Inc. increased its position in shares of Crocs by 19.3% during the 2nd quarter. Blue Trust Inc. now owns 1,001 shares of the textile maker’s stock worth $144,000 after purchasing an additional 162 shares in the last quarter. Finally, Rise Advisors LLC bought a new position in Crocs during the 1st quarter valued at about $25,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on CROX shares. KeyCorp upped their price objective on shares of Crocs from $149.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, September 26th. StockNews.com raised shares of Crocs from a “hold” rating to a “buy” rating in a report on Friday, August 23rd. Wedbush restated an “outperform” rating and issued a $170.00 price objective on shares of Crocs in a research report on Monday, July 29th. UBS Group reduced their target price on shares of Crocs from $148.00 to $146.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 16th. Finally, Raymond James lowered shares of 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. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Crocs presently has a consensus rating of “Moderate Buy” and an average price target of $160.82.

Insider Activity at Crocs

In other Crocs news, Director Douglas J. Treff sold 10,594 shares of the stock in a transaction dated Thursday, August 8th. The stock was 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 owns 81,254 shares in the company, valued at approximately $10,756,404.52. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Crocs news, Director John B. Replogle purchased 1,996 shares of the firm’s stock in a transaction dated Friday, August 2nd. The stock was bought at an average cost of $123.96 per share, with a total value of $247,424.16. Following the purchase, the director now directly owns 7,064 shares of the company’s stock, valued at $875,653.44. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Douglas J. Treff sold 10,594 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $132.38, for a total transaction of $1,402,433.72. Following the completion of the sale, the director now directly owns 81,254 shares in the company, valued at approximately $10,756,404.52. The disclosure for this sale can be found here. 2.72% of the stock is currently owned by insiders.

Crocs Stock Up 0.3 %

Shares of Crocs stock opened at $144.81 on Tuesday. The company has a market capitalization of $8.79 billion, a P/E ratio of 11.21, a price-to-earnings-growth ratio of 1.44 and a beta of 2.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 0.95. The business has a 50-day moving average of $135.64 and a two-hundred day moving average of $138.72. Crocs, Inc. has a 1 year low of $74.00 and a 1 year high of $165.32.

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. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. Crocs had a net margin of 20.02% and a return on equity of 53.20%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $3.59 EPS. As a group, equities analysts predict that Crocs, Inc. will post 12.85 EPS for the current year.

About Crocs

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.