On November 13, 2024, Susan Healy, Executive Vice President and Chief Financial Officer of Crocs Inc (CROX, Financial), purchased 1,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this acquisition, the insider now owns 22,652 shares of Crocs Inc.
Crocs Inc, known for its distinctive range of footwear for men, women, and children, has seen varied insider activity over the past year. The insider transaction history reveals a total of 4 insider buys and 15 insider sells within the last twelve months.
Shares of Crocs Inc were priced at $99.7 on the day of the transaction, positioning the company with a market cap of approximately $5.82 billion. The price-earnings ratio stands at 7.24, notably lower than the industry median of 19.64 and the company's historical median.
According to the GF Value, which estimates the intrinsic value of a stock based on historical trading multiples, an adjustment factor from past returns and growth, and future business performance estimates, Crocs Inc is currently modestly undervalued. The stock's price-to-GF-Value ratio is 0.75, with a GF Value of $132.43.
This recent purchase by Susan Healy could signal a positive outlook from the insider regarding the company's future performance, considering the insider's significant increase in holdings. Insider buys are often regarded as a positive indicator as insiders might buy stock in their own companies based on the belief that the stock price will rise.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
