Crocs Inc – (CROX, +1, Feb 22nd)

Thomas Smach (Chair since 2011) bought $1.1 million of stock on the 17th February at $86.35, increasing his holding by 7%. Despite his very long tenure this is his first ever purchase in the stock, he has also only ever made 1 purchase in his other two roles (Flex Ltd and Lighting Science Group).

Douglas Treff (Non Executive since 2016) bought $740,000 of stock on the same day, increasing his holding by 10%. His only previous purchase was for  $367,000 at $23.73 in March 2020 which proved to be very well timed, it’s very interesting to see him now buying in twice the size at a price more than 3x higher. Whilst the shares have been extremely weak these are two very unusual buys from insiders.

We are ranking the stock +1.

If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.