9,436 Shares in Crocs, Inc. $CROX Purchased by Global Endowment Management LP

Global Endowment Management LP bought a new stake in Crocs, Inc. (NASDAQ:CROX) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 9,436 shares of the textile maker’s stock, valued at approximately $788,000.

Other large investors have also recently made changes to their positions in the company. Allworth Financial LP raised its stake in Crocs by 120.7% during the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in shares of Crocs during the 2nd quarter valued at $49,000. Parallel Advisors LLC lifted its holdings in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 186 shares in the last quarter. IMA Advisory Services Inc. lifted its holdings in Crocs by 72.7% in the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after buying an additional 272 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Crocs by 159.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 459 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CROX shares. BTIG Research initiated coverage on shares of Crocs in a research report on Tuesday. They issued a “neutral” rating for the company. Zacks Research lowered Crocs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Robert W. Baird set a $110.00 price target on shares of Crocs in a research note on Friday, February 13th. UBS Group boosted their price objective on shares of Crocs from $85.00 to $97.00 and gave the stock a “neutral” rating in a research note on Friday, February 13th. Finally, Needham & Company LLC upped their price target on shares of Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Crocs presently has a consensus rating of “Hold” and a consensus target price of $103.42.

Insider Activity at Crocs

In other news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president owned 131,112 shares of the company’s stock, valued at $13,119,066.72. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

Crocs Stock Down 1.0%

CROX opened at $79.63 on Friday. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84. The company has a market cap of $4.00 billion, a PE ratio of -63.20, a P/E/G ratio of 0.93 and a beta of 1.54. The business has a 50 day moving average price of $87.51 and a two-hundred day moving average price of $84.90. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.92 by $0.37. The business had revenue of $957.64 million during the quarter, compared to analyst estimates of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The business’s revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.52 earnings per share. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. As a group, research analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current year.

About Crocs

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.