Crocs, Inc. (NASDAQ:CROX)’s share price traded up 14.7% on Monday . The company traded as high as $13.04 and last traded at $12.55. 7,132,400 shares were traded during trading, an increase of 526% from the average session volume of 1,140,035 shares. The stock had previously closed at $10.94.

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus raised Crocs from a “hold” rating to a “buy” rating in a research report on Friday, December 15th. CL King lowered Crocs from a “buy” rating to a “neutral” rating in a research report on Monday, November 20th. Zacks Investment Research raised Crocs from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. ValuEngine raised Crocs from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Finally, Pivotal Research assumed coverage on Crocs in a research report on Thursday, October 5th. They set a “hold” rating and a $9.50 target price on the stock. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $8.75.

A number of institutional investors have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Crocs by 2,686.1% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 208,456 shares of the textile maker’s stock worth $2,022,000 after buying an additional 200,974 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Crocs by 4.9% during the third quarter. Neuberger Berman Group LLC now owns 1,531,410 shares of the textile maker’s stock worth $14,855,000 after buying an additional 71,420 shares in the last quarter. Cubist Systematic Strategies LLC grew its holdings in Crocs by 197.6% during the third quarter. Cubist Systematic Strategies LLC now owns 31,249 shares of the textile maker’s stock worth $303,000 after buying an additional 20,750 shares in the last quarter. OxFORD Asset Management LLP grew its holdings in Crocs by 216.8% during the third quarter. OxFORD Asset Management LLP now owns 369,947 shares of the textile maker’s stock worth $3,606,000 after buying an additional 253,160 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in Crocs by 24.0% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 1,399,970 shares of the textile maker’s stock worth $13,580,000 after buying an additional 271,391 shares in the last quarter. Institutional investors and hedge funds own 91.94% of the company’s stock.

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About Crocs

Crocs, Inc is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company’s segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials.

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