Global Endowment Management LP Acquires Shares of 9,436 Crocs, Inc. $CROX

Global Endowment Management LP bought a new stake in Crocs, Inc. (NASDAQ:CROX) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,436 shares of the textile maker’s stock, valued at approximately $788,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Crocs by 4.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after acquiring an additional 67,216 shares during the last quarter. Alliancebernstein L.P. increased its stake 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. LSV Asset Management lifted its holdings in Crocs by 3.2% in the third quarter. LSV Asset Management now owns 1,107,500 shares of the textile maker’s stock worth $92,532,000 after purchasing an additional 34,380 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of Crocs by 4.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 768,304 shares of the textile maker’s stock worth $77,814,000 after purchasing an additional 31,083 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Crocs by 8.3% during the third quarter. Invesco Ltd. now owns 767,541 shares of the textile maker’s stock valued at $64,128,000 after buying an additional 58,734 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Trading Down 1.0%

Crocs stock opened at $79.63 on Friday. The firm’s 50 day moving average price is $87.51 and its two-hundred day moving average price is $84.90. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of -63.20, a price-to-earnings-growth ratio of 0.93 and a beta of 1.54. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.74 and a current ratio of 1.27. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.37. The business had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. Crocs’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the company posted $2.52 earnings per share. 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, research analysts predict that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CROX shares. Robert W. Baird set a $110.00 target price on Crocs in a research report on Friday, February 13th. Zacks Research downgraded Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Williams Trading raised Crocs from a “sell” rating to a “hold” rating and set a $84.00 price objective on the stock in a report on Thursday. The Goldman Sachs Group upped their price target on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price objective on shares of Crocs in a research report on Thursday, February 12th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Crocs presently has an average rating of “Hold” and a consensus price target of $103.42.

Insider Activity at Crocs

In related news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the transaction, the executive vice president directly owned 131,112 shares in the company, valued at $13,119,066.72. This trade represents a 8.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.00% 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.