26,013 Shares in Crocs, Inc. $CROX Purchased by Man Group plc

Man Group plc bought a new position in Crocs, Inc. (NASDAQ:CROX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,013 shares of the textile maker’s stock, valued at approximately $3,138,000. Man Group plc owned about 0.05% of Crocs as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Root Financial Partners LLC grew its stake in Crocs by 96.3% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after buying an additional 157 shares during the last quarter. Parallel Advisors LLC lifted its stake in Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares during the last quarter. Global Retirement Partners LLC bought a new stake in Crocs in the second quarter valued at $42,000. Allworth Financial LP acquired a new position in shares of Crocs during the second quarter valued at $53,000. Finally, Persistent Asset Partners Ltd bought a new position in shares of Crocs during the second quarter worth about $55,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on CROX shares. Scotiabank assumed coverage on shares of Crocs in a research report on Monday, June 8th. They issued an “outperform” rating on the stock. Stifel Nicolaus raised their price target on shares of Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a research note on Monday, June 15th. Royal Bank Of Canada started coverage on Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. The Goldman Sachs Group reissued a “sell” rating and issued a $95.00 price objective on shares of Crocs in a report on Friday, July 31st. Finally, Piper Sandler restated an “overweight” rating on shares of Crocs in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Crocs currently has an average rating of “Moderate Buy” and an average target price of $139.10.

Insider Activity

In other news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the sale, the chief executive officer owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders sold 62,688 shares of company stock worth $8,014,859. 3.10% of the stock is currently owned by company insiders.

Crocs Trading Down 1.5%

Shares of NASDAQ:CROX opened at $120.38 on Tuesday. The company has a 50 day moving average of $129.15 and a 200-day moving average of $110.11. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94. The firm has a market cap of $5.77 billion, a P/E ratio of 10.40, a P/E/G ratio of 1.02 and a beta of 1.53. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $141.28.

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