Michelle Poole Cashes Out 7121 Shares of Crocs, Stock

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Michelle Poole has recently disposed of 7121 shares of Crocs ($NASDAQ:CROX), Inc. stock. This move marks the end of her investment in the company. Crocs, Inc. is a global leader in casual footwear, and has established itself as a go-to brand for comfort, style, and innovation. Its product line includes clogs, sandals, and flats that are available in a wide variety of colors and styles. In recent years, the company has expanded further into apparel, accessories, and eyewear.

With a wide presence across the globe, Crocs provides a unique experience for its customers. Michelle Poole’s decision to dispose of her Crocs stock marks the end of her investment in the company. Despite this, Crocs remains as one of the world’s leading shoe companies, providing customers with comfort, style, and innovation.

Stock Price

The stock opened at $103.3 in the morning and closed at $104.6 by the end of the day, marking a 0.8% increase from the previous closing price of 103.7. This signifies a nice return on investment for Ms. Poole from the stock she sold in the market. Crocs_Stock”>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Crocs. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Crocs. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Crocs. More…

Key Ratios Snapshot

Some of the financial key ratios for Crocs are shown below. More…

Analysis

At GoodWhale, we analyzed CROCS’s fundamentals to provide insight into its financial health. According to our Star Chart, CROCS has a high health score of 8/10, indicating that it is capable of riding out any crisis without the risk of bankruptcy. We found that CROCS is particularly strong in terms of growth and profitability, but weak when it comes to assets and dividends. Based on our analysis, we concluded that CROCS is a ‘gorilla’ company; one that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This type of company may be attractive to many different types of investors, including growth investors and value investors looking for a stable source of income. Crocs_Stock”>More…

Peers

Its competitors are Nike Inc, Skechers USA Inc, and Wolverine World Wide Inc.

– Nike Inc ($NYSE:NKE)

Nike is one of the largest sporting goods companies in the world. They design, develop, and manufacture footwear, apparel, and equipment for a variety of sports and fitness activities. Nike’s market cap as of 2022 is 138.47B. Their return on equity is 25.1%. Nike’s products are sold in over 190 countries worldwide.

– Skechers USA Inc ($NYSE:SKX)

Skechers USA Inc has a market cap of 5.44B as of 2022, a Return on Equity of 10.49%. The company is engaged in the design, development, marketing and sale of footwear for men, women and children.

– Wolverine World Wide Inc ($NYSE:WWW)

Wolverine World Wide Inc is a footwear company that designs, manufactures, and markets a range of shoes for men, women, and children. The company has a market cap of 1.3B as of 2022 and a Return on Equity of 18.81%. Wolverine World Wide is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol WWW. The company was founded in 1883 and is headquartered in Rockford, Michigan.

Summary

Crocs, Inc. is a retail footwear company that produces foam clogs and other style of shoes. Recently, Michelle Poole, a major investor, sold 7121 shares of the company’s stock. This trend has been echoed by other investors, and could be a sign of bearishness in the market for Crocs’ stock. Analysts are noting that the sale of these large number of shares suggests a lack of confidence in the stock’s performance in the short-term future.

The analyst community is watching to see if the trend continues, and how it could impact the stock’s valuation going forward. Investors should monitor the trend closely and be prepared to adjust strategies accordingly.