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

Kirr Marbach & Co. LLC IN increased its holdings in Crocs, Inc. (NASDAQ:CROX) by 1.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,465 shares of the textile maker’s stock after purchasing an additional 525 shares during the period. Kirr Marbach & Co. LLC IN’s holdings in Crocs were worth $3,977,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CROX. Vanguard Group Inc. boosted its stake in shares of Crocs by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 5,572,643 shares of the textile maker’s stock worth $801,346,000 after acquiring an additional 76,460 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Crocs by 15.1% in the 2nd quarter. Pacer Advisors Inc. now owns 1,091,097 shares of the textile maker’s stock worth $159,235,000 after purchasing an additional 142,944 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Crocs by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 901,973 shares of the textile maker’s stock worth $131,634,000 after purchasing an additional 11,986 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Crocs by 12.8% during the second quarter. Dimensional Fund Advisors LP now owns 790,225 shares of the textile maker’s stock worth $115,322,000 after purchasing an additional 89,610 shares during the period. 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 last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CROX has been the subject of several recent analyst reports. Williams Trading raised shares of Crocs from a “hold” rating to a “buy” rating and upped their price objective for the stock from $135.00 to $163.00 in a report on Thursday, August 22nd. Guggenheim initiated coverage on Crocs in a research report on Wednesday, October 9th. They issued a “buy” rating and a $182.00 price target on the stock. UBS Group cut 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. Raymond James downgraded Crocs from a “strong-buy” rating to an “outperform” rating and set a $164.00 target price for the company. in a research note on Friday, August 2nd. Finally, Wedbush reiterated an “outperform” rating and set a $170.00 target price on shares of Crocs in a research note on Monday, July 29th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, Crocs presently has an average rating of “Moderate Buy” and an average target price of $162.58.

Crocs Stock Up 2.4 %

Shares of NASDAQ:CROX opened at $139.40 on Friday. The company has a market capitalization of $8.46 billion, a PE ratio of 10.79, a P/E/G ratio of 1.35 and a beta of 1.99. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 1.50. The company’s fifty day moving average is $138.26 and its 200-day moving average is $138.66. Crocs, Inc. has a 52 week low of $74.00 and a 52 week high of $165.32.

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

Insiders Place Their Bets

In other news, Director Douglas J. Treff sold 10,594 shares of the firm’s stock in a transaction on 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 completion of the sale, the director now directly owns 81,254 shares in the company, valued at approximately $10,756,404.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, Director John B. Replogle purchased 1,996 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average price of $123.96 per share, for a total transaction of $247,424.16. Following the completion of the acquisition, the director now directly owns 7,064 shares in the company, valued at approximately $875,653.44. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of 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 disclosure for this sale can be found here. Insiders own 2.72% of the company’s stock.

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.