33,718 Shares in Crocs, Inc. $CROX Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in shares of Crocs, Inc. (NASDAQ:CROX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 33,718 shares of the textile maker’s stock, valued at approximately $4,068,000. OMERS ADMINISTRATION Corp owned 0.07% of Crocs at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in shares of Crocs in the 2nd quarter valued at approximately $701,000. Globeflex Capital L P purchased a new stake in shares of Crocs during the 2nd quarter valued at approximately $209,000. Clear Harbor Asset Management LLC acquired a new position in Crocs in the second quarter valued at approximately $1,249,000. Bank of Nova Scotia acquired a new position in Crocs in the second quarter valued at approximately $3,381,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Crocs in the second quarter valued at approximately $659,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Crocs Stock Performance

NASDAQ:CROX opened at $122.89 on Wednesday. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $141.28. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49. The company has a 50 day moving average price of $129.36 and a 200 day moving average price of $109.06. The stock has a market capitalization of $5.89 billion, a P/E ratio of 10.62, a PEG ratio of 1.05 and a beta of 1.53.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company earned ($8.82) earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Equities research analysts forecast that Crocs, Inc. will post 13.95 EPS for the current year.

Wall Street Analyst Weigh In

CROX has been the subject of several analyst reports. UBS Group raised their target price on Crocs from $107.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Wedbush began coverage on Crocs in a research report on Monday, June 8th. They issued an “outperform” rating on the stock. Piper Sandler reaffirmed an “overweight” rating on shares of Crocs in a research note on Friday, July 31st. Royal Bank Of Canada started coverage on Crocs in a report on Monday, June 8th. They set an “overweight” rating for the company. Finally, Seaport Research Partners boosted their price objective on shares of Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $139.10.

Insider Buying and Selling at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the sale, the chief executive officer owned 713,293 shares in the company, valued at approximately $99,083,530.63. The trade was a 2.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 62,688 shares of company stock valued at $8,014,859 over the last ninety days. Insiders own 3.10% of the company’s stock.

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.