Banco Santander S.A. Has $848,000 Stock Position in Crocs, Inc. (NASDAQ:CROX)

Banco Santander S.A. increased its position in shares of Crocs, Inc. (NASDAQ:CROX) by 75.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,743 shares of the textile maker’s stock after buying an additional 3,332 shares during the quarter. Banco Santander S.A.’s holdings in Crocs were worth $848,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CROX. Ashton Thomas Private Wealth LLC acquired a new position in shares of Crocs during the fourth quarter worth approximately $471,000. Atria Investments Inc lifted its stake in shares of Crocs by 70.4% in the fourth quarter. Atria Investments Inc now owns 3,386 shares of the textile maker’s stock valued at $371,000 after buying an additional 1,399 shares in the last quarter. Clark Estates Inc. NY grew its holdings in shares of Crocs by 16.4% during the fourth quarter. Clark Estates Inc. NY now owns 26,200 shares of the textile maker’s stock valued at $2,870,000 after buying an additional 3,700 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Crocs by 34.9% during the fourth quarter. Victory Capital Management Inc. now owns 28,210 shares of the textile maker’s stock worth $3,090,000 after acquiring an additional 7,303 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Crocs by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 715,422 shares of the textile maker’s stock worth $78,360,000 after acquiring an additional 8,014 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Robert W. Baird cut their price target on Crocs from $180.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. KeyCorp cut their target price on Crocs from $150.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. StockNews.com lowered Crocs from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Needham & Company LLC reissued a “buy” rating and issued a $129.00 price target on shares of Crocs in a research report on Thursday, February 13th. Finally, UBS Group increased their price target on Crocs from $122.00 to $132.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $143.53.

Insider Buying and Selling

In related news, EVP Adam Michaels sold 15,000 shares of Crocs stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $106.69, for a total value of $1,600,350.00. Following the completion of the transaction, the executive vice president now directly owns 89,323 shares in the company, valued at approximately $9,529,870.87. The trade was a 14.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Shannon Sisler sold 4,659 shares of Crocs 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 completion of the transaction, the executive vice president now owns 29,299 shares of the company’s stock, valued at $3,215,565.25. This represents a 13.72 % 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 insiders.

Crocs Trading Down 1.0 %

Shares of CROX stock opened at $99.84 on Monday. The company has a 50 day moving average of $103.67 and a 200-day moving average of $116.34. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. Crocs, Inc. has a 12-month low of $88.25 and a 12-month high of $165.32. The firm has a market cap of $5.60 billion, a P/E ratio of 6.24, a PEG ratio of 1.80 and a beta of 1.84.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share (EPS) 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%. Sell-side analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current year.

Crocs Company 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.