KD Logo

Loop Capital upgrades Crocs Inc (CROX) stock to a Buy

In a filing, Crocs Inc revealed its EVP, Chief People Officer SISLER SHANNON unloaded Company’s shares for reported $0.51 million on Feb 21 ’25. In the deal valued at $109.75 per share,4,659 shares were sold. As a result of this transaction, SISLER SHANNON now holds 29,299 shares worth roughly $3.2 million.

Then, SISLER SHANNON bought 4,659 shares, generating $511,325 in total proceeds.

Before that, MICHAELS ADAM sold 15,000 shares. Crocs Inc shares valued at $1,600,324 were divested by the EVP, Chief Digital Officer at a price of $106.69 per share. As a result of the transaction, MICHAELS ADAM now holds 89,323 shares, worth roughly $9.75 million.

Loop Capital upgraded its Crocs Inc [CROX] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Loop Capital also remained covering CROX and has decreased its forecast on November 07, 2024 with a “Hold” recommendation from previously “Buy” rating. Monness Crespi & Hardt maintained its rating on October 30, 2024. It rated CROX as “a Buy”.

Price Performance Review of CROX

On Tuesday, Crocs Inc [NASDAQ:CROX] saw its stock jump 2.77% to $109.14. Over the last five days, the stock has lost -3.06%. Crocs Inc shares have fallen nearly -0.36% since the year began. Nevertheless, the stocks have fallen -24.10% over the past one year. While a 52-week high of $165.32 was reached on 01/06/25, a 52-week low of $88.25 was recorded on 02/12/25. SMA at 50 days reached $102.92, while 200 days put it at $121.01.

Levels Of Support And Resistance For CROX Stock

The 24-hour chart illustrates a support level at 106.81, which if violated will result in even more drops to 104.48. On the upside, there is a resistance level at 110.47. A further resistance level may holdings at 111.80. The Relative Strength Index (RSI) on the 14-day chart is 56.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.13%. Stochastics %K at 60.44% 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 2025-03-14, growing by 2.25 million shares to a total of 8.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.77 million shares. There was a rise of 28.04%, which implies that there is a positive sentiment for the stock.

Most Popular