QUICK IDEA - Crocs - ($CROX on Nasdaq) - MCap $4.2bn @ $73 - branded footwear - trading under 10x trailing EPS - fall accelerated by unpopular acquisition of Hey Dude / fears of covid sales reset.
First insider buying since March 2020, non-exec Chair and one other NED each invest c US$1.5m.
QUICK IDEA - Crocs - ($CROX on Nasdaq) - MCap $4.2bn @ $73 - branded footwear - trading under 10x trailing EPS, price fallen from peak of over $180 in Nov 2021 - fall accelerated by unpopular acquisition of Hey Dude (announced 23 Dec), fears of covid reset. First insider buying since March 2020, non-exec Chair and one other NED each invest c US$1.5m.
Ins…