Capstone Investment Advisors LLC Acquires Shares of 5,156 Crocs, Inc. $CROX

Capstone Investment Advisors LLC bought a new position in shares of Crocs, Inc. (NASDAQ:CROX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,156 shares of the textile maker’s stock, valued at approximately $622,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Crocs during the second quarter worth $561,223,000. LSV Asset Management increased its stake 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 worth $126,060,000 after acquiring an additional 366,537 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Crocs by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock worth $123,760,000 after acquiring an additional 11,630 shares during the period. AQR Capital Management LLC boosted its position in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after acquiring an additional 1,012,943 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Crocs by 5.8% in the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Up 0.4%

Shares of CROX opened at $122.23 on Friday. The firm has a market cap of $5.86 billion, a P/E ratio of 10.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.53. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $141.28. The company’s 50-day moving average price is $129.22 and its 200 day moving average price is $109.67. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.20. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted ($8.82) earnings per share. Crocs’s 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. On average, sell-side analysts forecast that Crocs, Inc. will post 13.95 earnings per share for the current year.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the transaction, the chief executive officer owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. This trade represents a 4.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 62,688 shares of company stock valued at $8,014,859. Corporate insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Needham & Company LLC raised their price objective on shares of Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Monness Crespi & Hardt increased their price target on shares of Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group restated a “sell” rating and set a $95.00 price target on shares of Crocs in a report on Friday, July 31st. Royal Bank Of Canada began coverage on shares of Crocs in a research report on Monday, June 8th. They set an “overweight” rating on the stock. Finally, Wedbush assumed coverage on Crocs in a report on Monday, June 8th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $139.10.

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.