Insider Doubles Down, Buys 4,000 Shares of Iconic Apparel Brand for More Than $435,000
Key PointsThe open-market purchase involved 4,000 shares at $109.38 per share, totaling approximately $438,000 in transaction value on September 10, 2026.
Director Thomas J. Smach has doubled down on his insider position by acquiring a substantial stake in Crocs, Inc. (NASDAQ:CROX) on September 10, 2026, through the purchase of 4,000 shares, valued at a total of $437,520. This transaction, as documented in a recent SEC Form 4 filing, was executed at an average purchase price of $109.38 per share.
The current market value of Crocs, Inc. stands at $108.83 per share, based on the closing price of September 10, 2026. Crocs, Inc. is a prominent player in the casual footwear industry, boasting a market capitalization of $5.3 billion and trailing twelve months revenue of $4.1 billion. The company's success can be attributed to its iconic brand and diverse product line, which help it stand out in the competitive consumer footwear market.
Crocs' distribution channels encompass both direct sales and wholesale, enabling the company to effectively reach a broad customer base. The company's financial strength is evident in its robust profitability, with a net income of $593.4 million on a trailing twelve months basis, reflecting strong operational efficiency within the cyclical consumer sector.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
