Mizuho Markets Cayman LP Makes New $7.38 Million Investment in Crocs, Inc. $CROX

Mizuho Markets Cayman LP acquired a new stake in Crocs, Inc. (NASDAQ:CROX) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 88,300 shares of the textile maker’s stock, valued at approximately $7,377,000.

A number of other hedge funds have also modified their holdings of CROX. Parallel Advisors LLC lifted its position in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares during the period. Allworth Financial LP grew its position in Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 245 shares during the period. Employees Retirement System of Texas acquired a new position in Crocs during the second quarter worth $49,000. IMA Advisory Services Inc. raised its stake in Crocs by 72.7% during the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after acquiring an additional 272 shares in the last quarter. Finally, National Bank of Canada FI lifted its holdings in shares of Crocs by 597.3% during the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after acquiring an additional 663 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the sale, the executive vice president owned 131,112 shares in the company, valued at approximately $13,119,066.72. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.72% of the company’s stock.

Crocs Price Performance

Shares of CROX stock opened at $79.43 on Wednesday. The stock’s fifty day moving average is $87.00 and its 200-day moving average is $84.72. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.74 and a current ratio of 1.27. The stock has a market capitalization of $3.99 billion, a PE ratio of -63.04, a PEG ratio of 0.92 and a beta of 1.54. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84.

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

Wall Street Analyst Weigh In

CROX has been the topic of several recent analyst reports. KeyCorp restated a “sector weight” rating on shares of Crocs in a research note on Thursday, January 22nd. Zacks Research cut shares of Crocs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. UBS Group lifted their price target on shares of Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Piper Sandler restated a “neutral” rating and issued a $95.00 price target on shares of Crocs in a research report on Thursday, February 12th. Finally, Monness Crespi & Hardt upped their price objective on shares of Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Crocs currently has an average rating of “Hold” and an average price target of $103.42.

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.