Pacer Advisors Inc. Sells 140,238 Shares of Crocs, Inc. $CROX

Pacer Advisors Inc. lessened its position in shares of Crocs, Inc. (NASDAQ:CROX) by 30.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 321,258 shares of the textile maker’s stock after selling 140,238 shares during the quarter. Pacer Advisors Inc.’s holdings in Crocs were worth $27,474,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CROX. LSV Asset Management lifted its position in Crocs by 33.1% during the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after acquiring an additional 366,537 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Crocs by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock worth $123,760,000 after purchasing an additional 11,630 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Crocs by 399.0% during the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after purchasing an additional 1,012,943 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Crocs by 5.8% during the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its position in shares of Crocs by 78.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock worth $77,651,000 after purchasing an additional 399,964 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling at Crocs

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

Crocs Stock Performance

NASDAQ:CROX opened at $125.05 on Friday. The company has a market capitalization of $6.21 billion, a P/E ratio of -90.62, a PEG ratio of 1.29 and a beta of 1.57. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $129.79. The firm has a fifty day simple moving average of $110.05 and a 200-day simple moving average of $94.80.

Crocs (NASDAQ:CROX) last released its earnings results 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. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The firm had revenue of $921.46 million for the quarter, compared to the consensus estimate of $900.57 million. During the same period in the prior year, the firm earned $3.00 EPS. The firm’s revenue was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, equities research analysts anticipate that Crocs, Inc. will post 13.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CROX shares. Piper Sandler downgraded Crocs from a “neutral” rating to a “neutral” rating in a research note on Monday, June 8th. Robert W. Baird upgraded Crocs from a “neutral” rating to an “outperform” rating and increased their price target for the company from $115.00 to $150.00 in a research note on Monday, June 8th. Needham & Company LLC raised their price target on Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, Seaport Research Partners upgraded shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price objective on the stock in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Crocs has a consensus rating of “Moderate Buy” and an average 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.