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Crocs, Inc. (NASDAQ:CROX - Get Rating) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 3,420,000 shares, an increase of 5.6% from the July 31st total of 3,240,000 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is presently 2.0 days. Currently, 5.8% of the company's shares are short sold. Crocs Price Performance

CROX stock opened at $73.78 on Wednesday. The company has a market capitalization of $4.55 billion, a P/E ratio of 8.42, a price-to-earnings-growth ratio of 0.51 and a beta of 2.02. The company has a debt-to-equity ratio of 5.58, a quick ratio of 1.11 and a current ratio of 1.94. Crocs has a 52-week low of $46.08 and a 52-week high of $183.88. The business has a 50-day simple moving average of $64.31 and a two-hundred day simple moving average of $67.11.

Crocs (NASDAQ:CROX - Get Rating) last posted its earnings results on Thursday, August 4th. The textile maker reported $3.24 EPS for the quarter, topping the consensus estimate of $2.73 by $0.51. Crocs had a net margin of 19.08% and a return on equity of 202.79%. The firm had revenue of $964.60 million for the quarter, compared to analysts' expectations of $938.93 million. During the same quarter last year, the firm earned $2.23 EPS. The company's quarterly revenue was up 50.6% compared to the same quarter last year. Research analysts expect that Crocs will post 10.06 EPS for the current fiscal year. Analyst Ratings Changes

Several research firms have recently weighed in on CROX. StockNews.com raised Crocs from a "sell" rating to a "hold" rating in a research report on Saturday, August 6th. Robert W. Baird restated an "outperform" rating and issued a $90.00 target price on shares of Crocs in a research note on Tuesday, August 2nd. OTR Global downgraded Crocs to a "positive" rating in a research note on Tuesday, July 19th. B. Riley reduced their target price on Crocs from $120.00 to $116.00 in a research note on Friday, August 5th. Finally, Stifel Nicolaus reduced their target price on Crocs from $59.00 to $54.00 in a research note on Wednesday, July 20th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $94.25.Insider Buying and Selling

In related news, EVP Shannon Sisler sold 3,164 shares of the firm's stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $80.00, for a total transaction of $253,120.00. Following the completion of the transaction, the executive vice president now directly owns 49,303 shares of the company's stock, valued at approximately $3,944,240. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, President Michelle Poole sold 7,320 shares of Crocs stock in a transaction dated Thursday, August 25th. The stock was sold at an average price of $80.26, for a total value of $587,503.20. Following the completion of the transaction, the president now directly owns 168,905 shares of the company's stock, valued at approximately $13,556,315.30. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Shannon Sisler sold 3,164 shares of Crocs stock in a transaction dated Thursday, August 25th. The stock was sold at an average price of $80.00, for a total value of $253,120.00. Following the completion of the transaction, the executive vice president now directly owns 49,303 shares of the company's stock, valued at $3,944,240. The disclosure for this sale can be found here. 2.71% of the stock is owned by corporate insiders. Hedge Funds Weigh In On Crocs

Several hedge funds have recently modified their holdings of CROX. FinTrust Capital Advisors LLC lifted its position in shares of Crocs by 100.0% during the 1st quarter. FinTrust Capital Advisors LLC now owns 400 shares of the textile maker's stock worth $31,000 after buying an additional 200 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Crocs by 1,716.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 436 shares of the textile maker's stock worth $33,000 after purchasing an additional 412 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Crocs in the 1st quarter worth approximately $36,000. Western Pacific Wealth Management LP bought a new stake in shares of Crocs in the 4th quarter worth approximately $38,000. Finally, Sageworth Trust Co of South Dakota bought a new stake in Crocs during the 4th quarter valued at $44,000. Institutional investors own 79.96% of the company's stock. About Crocs (Get Rating)

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. It offers various footwear products, including clogs, sandals, slides, flip-flops, boots, flats, wedges, platforms, socks, shoe charms, loafers, sneakers, and slippers under the Crocs brand name.Further ReadingGet a free copy of the StockNews.com research report on Crocs (CROX)How the Pandemic Forced F5 to Flex its Software Side Shock Absorbers: 3 Low Volatility Dividend Stocks for Bumpy TimesThe Retail Sector: Winners And Losers From Q2 Earnings Can Targa Continue Rallying To Meet Its Price Target? Is Unity Software Ready To Rally After Rejecting AppLovin Offer?

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