Crocs director Ronald Frasch sells $2.3 million in company shares
Ronald Frasch, a director at Crocs Inc. (NASDAQ: CROX), divested 15,000 shares of the company's common stock on October 30, 2026, resulting in a total sale value of $2,302,659. The shares were traded at an average price of $153.5106, with individual sales ranging from $153.45 to $153.72 per share. Following this transaction, Mr. Frasch personally owns 61,180 shares of Crocs common stock.
Analysts have noted that Crocs stock has increased by 93% over the past year, currently trading at $151.86. In a related development, InvestingPro analysis suggests that the stock may be undervalued at its current price. The company exhibits strong financial performance with gross profit margins of 59%, and management has been actively engaged in share repurchase initiatives.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.