Crocs Inc’s filing revealed that its Director REPLOGLE JOHN B acquired Company’s shares for reported $0.25 million on Mar 14 ’24. In the deal valued at $126.75 per share,1,972 shares were bought. As a result of this transaction, REPLOGLE JOHN B now holds 3,153 shares worth roughly $0.42 million.
Then, Poole Michelle sold 5,074 shares, generating $634,144 in total proceeds. Upon selling the shares at $124.98, the President now owns 52,966 shares.
Before that, Hart Daniel P sold 10,000 shares. Crocs Inc shares valued at $1,184,823 were divested by the Executive Vice President at a price of $118.48 per share. As a result of the transaction, Hart Daniel P now holds 219,293 shares, worth roughly $29.11 million.
Barclays initiated its Crocs Inc [CROX] rating to an Overweight in a research note published on April 01, 2024; the price target was $167. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early February with a ‘”an Overweight”‘ rating. BofA Securities began covering CROX with “Buy” recommendation on December 12, 2023. Raymond James revised its rating on November 28, 2023. It rated CROX as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of CROX
On Monday, Crocs Inc [NASDAQ:CROX] saw its stock fall -1.01% to $132.73. Over the last five days, the stock has lost -8.93%. Crocs Inc shares have risen nearly 42.09% since the year began. Nevertheless, the stocks have risen 7.40% over the past one year. While a 52-week high of $151.32 was reached on 04/01/24, a 52-week low of $74.00 was recorded on 01/05/24. SMA at 50 days reached $121.89, while 200 days put it at $104.10. A total of 0.87 million shares were traded, compared to the trading of 1.15 million shares in the previous session.
Levels Of Support And Resistance For CROX Stock
The 24-hour chart illustrates a support level at 131.61, which if violated will result in even more drops to 130.50. On the upside, there is a resistance level at 134.67. A further resistance level may holdings at 136.62. The Relative Strength Index (RSI) on the 14-day chart is 50.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.15%. Stochastics %K at 34.33% indicates the stock is a holding.
How much short interest is there in Crocs Inc?
A steep rise in short interest was recorded in Crocs Inc stocks on Mar 15, 2024, growing by 0.65 million shares to a total of 5.5 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 4.85 million shares. There was a rise of 11.82%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 12.57% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.08.
