20,298 Shares in Crocs, Inc. $CROX Acquired by MH & Associates Securities Management Corp ADV

MH & Associates Securities Management Corp ADV purchased a new position in Crocs, Inc. (NASDAQ:CROX) during the fourth quarter, HoldingsChannel reports. The fund purchased 20,298 shares of the textile maker’s stock, valued at approximately $1,736,000.

Several other hedge funds have also bought and sold shares of CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after purchasing an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Crocs by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after purchasing an additional 8,331 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Crocs by 278.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after purchasing an additional 634 shares in the last quarter. First Trust Advisors LP lifted its stake in Crocs by 14.3% in the 2nd quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after purchasing an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in Crocs in the 2nd quarter worth $6,290,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction on 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 in the company, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CROX. Williams Trading raised Crocs from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price objective on shares of Crocs in a report on Thursday, February 12th. BTIG Research began coverage on Crocs in a report on Tuesday, March 10th. They set a “neutral” rating on the stock. Monness Crespi & Hardt upped their price objective on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Needham & Company LLC upped their price objective on Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Crocs currently has an average rating of “Hold” and a consensus price target of $101.45.

Crocs Stock Up 7.3%

Shares of NASDAQ CROX opened at $97.08 on Thursday. The firm’s 50-day moving average price is $86.33 and its 200-day moving average price is $84.64. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of -77.05, a P/E/G ratio of 0.97 and a beta of 1.54. Crocs, Inc. has a 12-month low of $73.21 and a 12-month 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 (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.37. The firm had revenue of $957.64 million for the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $2.52 EPS. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, equities research analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

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.