12,314 Shares in Crocs, Inc. $CROX Purchased by Rare Wolf Capital LLC

Rare Wolf Capital LLC acquired a new stake in Crocs, Inc. (NASDAQ:CROX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,314 shares of the textile maker’s stock, valued at approximately $1,053,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after buying an additional 1,012,943 shares in the last quarter. Norges Bank purchased a new stake in shares of Crocs in the fourth quarter valued at approximately $67,545,000. Smead Capital Management Inc. purchased a new stake in shares of Crocs in the third quarter valued at approximately $52,978,000. Himalaya Capital Management LLC acquired a new position in Crocs during the fourth quarter worth $53,720,000. Finally, American Century Companies Inc. grew its holdings in Crocs by 144.4% during the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock worth $59,939,000 after acquiring an additional 423,817 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Performance

NASDAQ:CROX opened at $125.05 on Friday. The company has a market cap of $6.21 billion, a P/E ratio of -90.62, a P/E/G ratio of 1.29 and a beta of 1.57. The firm’s 50 day moving average is $109.49 and its two-hundred day moving average is $94.59. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $129.79. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.21. The company had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Analysts expect that Crocs, Inc. will post 13.67 EPS for the current year.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the sale, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CROX. UBS Group upgraded shares of Crocs from a “neutral” rating to a “buy” rating in a research report on Monday, June 8th. Piper Sandler cut shares of Crocs from a “neutral” rating to a “neutral” rating in a research note on Monday, June 8th. Royal Bank Of Canada began coverage on shares of Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. Needham & Company LLC upped their target price on shares of Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.