Van Diest Capital LLC bought a new position in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm bought 4,986 shares of the textile maker’s stock, valued at approximately $414,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares during the last quarter. Norges Bank purchased a new stake in shares of Crocs during the 4th quarter worth approximately $67,545,000. Himalaya Capital Management LLC purchased a new stake in shares of Crocs during the 4th quarter worth approximately $53,720,000. Fuller & Thaler Asset Management Inc. boosted its holdings 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 valued at $77,651,000 after buying an additional 399,964 shares in the last quarter. Finally, LSV Asset Management boosted its holdings in shares of Crocs by 33.1% in the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after buying an additional 366,537 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on CROX shares. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Barclays boosted their price target on shares of Crocs from $109.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Wedbush began coverage on shares of Crocs in a research note on Monday, June 8th. They issued an “outperform” rating for the company. Williams Trading set a $150.00 price objective on Crocs in a report on Tuesday, June 9th. Finally, Needham & Company LLC lifted their target price on Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $128.00.
Insider Buying and Selling
In other Crocs news, CEO Andrew Rees sold 32,688 shares of Crocs stock in a transaction on Friday, June 5th. The shares were sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer directly owned 743,293 shares in the company, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.10% of the company’s stock.
Key Crocs News
Here are the key news stories impacting Crocs this week:
- Positive Sentiment: Needham raised its price target on Crocs to $150 and reiterated a Buy rating, signaling confidence in further upside. Street Insider article
- Positive Sentiment: Bank of America boosted its target to $160 and said sustained North American direct-to-consumer growth could support a higher valuation multiple. Proactive Investors article
- Positive Sentiment: Technical momentum remains strong, with CROX trading near recent highs after a sizable three-month advance and a new 52-week high earlier this month. Barchart article
- Neutral Sentiment: Investors are waiting for Q2 results, with expectations supported by brand strength, DTC growth and international momentum, but not enough clarity yet to call for a clear earnings beat. Zacks earnings preview
- Neutral Sentiment: Crocs’ stock has risen sharply over the past few months, but some investors are weighing whether the rally has already priced in much of the good news. Zacks strategy article
- Negative Sentiment: Tariff pressures, margin concerns and weakness in the HEYDUDE brand remain key headwinds that could limit upside if Q2 results disappoint. Zacks earnings preview
Crocs Price Performance
CROX stock opened at $134.72 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $6.69 billion, a P/E ratio of -97.62, a PEG ratio of 1.39 and a beta of 1.55. The business has a 50 day simple moving average of $123.11 and a 200-day simple moving average of $101.81. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $140.42.
Crocs (NASDAQ:CROX – Get Free Report) last announced its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same period in the previous year, the company posted $3.00 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that Crocs, Inc. will post 13.66 EPS for the current 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.
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