Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Crocs Inc shares valued at $99,702 were purchased by Healy Susan L. on Nov 13 ’24. At $99.70 per share, Healy Susan L. acquired 1,000 shares. The insider’s holdings grew to 22,652 shares worth approximately $2.33 million following the completion of this transaction.
Also, REPLOGLE JOHN B purchased 2,240 shares, netting a total of over 252,222 in proceeds. Following the buying of shares at $112.60 each, the insider now holds 9,304 shares.
Before that, TREFF DOUGLAS J had sold 10,594 shares from its account. In a trade valued at $1,402,381, the Director traded Crocs Inc shares for $132.38 each. Upon closing the transaction, the insider’s holdings decreased to 10,594 shares, worth approximately $8.34 million.
As published in their initiating research note from Needham on November 22, 2024, Crocs Inc [CROX] has been a Buy and the price target has been revised to $116. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of October 30, 2024, Monness Crespi & Hardt has reiterated its “Buy” rating for CROX. Earlier on October 30, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for CROX stock which previously was a “an Outperform”.
Analyzing CROX Stock Performance
During the last five days, there has been a drop of approximately -2.36%. Over the course of the year, Crocs Inc shares have dropped approximately -6.29%. Shares of the company reached a 52-week high of $115.08 on 01/06/25 and a 52-week low of $99.32 on 01/21/25. A 50-day SMA is recorded $106.85, while a 200-day SMA reached $129.22. Nevertheless, trading volume fell to 1.22 million shares from 1.67 million shares the previous day.
Support And Resistance Levels for Crocs Inc (CROX)
According to the 24-hour chart, there is a support level at 101.46, which, if violated, would cause prices to drop to 100.27. In the upper region, resistance lies at 103.66. The next price resistance is at 104.67. RSI (Relative Strength Index) is 39.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.93, which suggests the price will decrease in the coming days. Percent R is at 78.96%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
