Pay close attention to Crocs Inc. (CROX).

Over the last few months, the stock dropped from a high of about $182 to $68, where it’s become oversold on RSI, MACD, and Williams’ %R.   While its most recent earnings report was solid, the stock pulled back on news “it expects supply chain delays to dent first-quarter revenues by some $40 million,” as noted by Barron’s.

However, it appears the pullback is overdone.

Not only is the stock wildly oversold, but insiders are buying at these low prices.  Director Doug Treff paid $1.5 million for a total of 17,700 shares, at an average price of $84.13. Crocs Chairman Thomas Smach paid $986,025 for a total of 11,897 shares, an average price of $82.88.

Also, as reported by Barron’s: “Baird analyst Jonathan Komp is still upbeat about the company’s growth potential following the report, given the expected contributions of Hey Dude and a very cheap multiple, and maintained an Outperform rating on the shares while lowering his target $50 to $200.”

Weakness may be opportunity with CROX.