{
  "id": 7893856,
  "title": "Crocs director Thomas Smach buys $75,813 in common stock",
  "url": "https://urgent.news/2026/09/16/crocs-director-thomas-smach-buys-75-813-in-common-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T23:15:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/crocs-director-thomas-smach-buys-75813-in-common-stock-93CH-4904683"
  },
  "original_language": "en",
  "account": "Crocs' director Thomas Smach purchased 680 shares of the company's common stock on September 15, 2026, at a price of $111.49 per share, totaling $75,813. The stock is currently trading at $115.40, marking a nearly 4% increase over the past week. Analysts at InvestingPro view Crocs as undervalued, citing a low P/E ratio of 9.93. Smach, who also serves as a trustee for two trusts, holds a total beneficial ownership of 112,063 shares indirectly. The company recently reported Q2 earnings that surpassed analysts' expectations, with adjusted earnings per share of $4.55 and revenue of $1.18 billion. Crocs raised its full-year guidance and UBS upgraded its price target to $120, maintaining a Neutral rating. Piper Sandler kept an Overweight rating with a higher $150 price target, while BTIG suggested a move towards wholesale sales due to a shift in their model. Despite positive momentum in direct-to-consumer channels, investors remain cautious about margin pressures and a softer North American outlook.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Crocs director Beth Kaplan buys $99,227 in company stock",
        "url": "https://urgent.news/2026/09/16/crocs-director-beth-kaplan-buys-99-227-in-company-stock",
        "published": "2026-09-16T23:15:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}