Stratos Wealth Advisors LLC Acquires 1,336 Shares of Crocs, Inc. (NASDAQ:CROX)

Stratos Wealth Advisors LLC lifted its holdings in Crocs, Inc. (NASDAQ:CROX) by 11.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,292 shares of the textile maker’s stock after purchasing an additional 1,336 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Crocs were worth $1,456,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Financial Management Professionals Inc. boosted its stake in Crocs by 11,200.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker’s stock worth $33,000 after purchasing an additional 224 shares during the period. UMB Bank n.a. boosted its position in shares of Crocs by 64.9% during the third quarter. UMB Bank n.a. now owns 305 shares of the textile maker’s stock worth $44,000 after buying an additional 120 shares during the period. V Square Quantitative Management LLC grew its holdings in shares of Crocs by 83.0% during the third quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock worth $45,000 after buying an additional 142 shares in the last quarter. Avior Wealth Management LLC raised its position in Crocs by 109.5% in the 3rd quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock valued at $58,000 after buying an additional 208 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Crocs in the 3rd quarter valued at approximately $73,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CROX. Guggenheim decreased their price target on shares of Crocs from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Monday. StockNews.com lowered shares of Crocs from a “buy” rating to a “hold” rating in a research note on Saturday, January 11th. Loop Capital downgraded shares of Crocs from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $150.00 to $110.00 in a research note on Thursday, November 7th. KeyCorp lowered 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. Finally, Barclays reduced their price target on Crocs from $164.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $146.47.

Insider Buying and Selling at Crocs

In other news, CFO Susan L. Healy acquired 1,000 shares of Crocs stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of $99.70 per share, for a total transaction of $99,700.00. Following the completion of the acquisition, the chief financial officer now directly owns 22,652 shares in the company, valued at approximately $2,258,404.40. The trade was a 4.62 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.72% of the company’s stock.

Crocs Price Performance

Shares of CROX opened at $95.52 on Friday. The firm has a market capitalization of $5.57 billion, a PE ratio of 6.93, a PEG ratio of 1.78 and a beta of 1.93. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.90. The company’s 50-day moving average is $107.31 and its 200-day moving average is $120.84. Crocs, Inc. has a fifty-two week low of $95.05 and a fifty-two week high of $165.32.

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.