Marshall Financial Group LLC purchased a new position in Crocs, Inc. (NASDAQ:CROX – Free Report) in the fourth quarter, Holdings Channel reports. The fund purchased 14,463 shares of the textile maker’s stock, valued at approximately $1,237,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of Crocs by 11.6% during the 4th quarter. GAMMA Investing LLC now owns 2,174 shares of the textile maker’s stock worth $186,000 after purchasing an additional 226 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in Crocs in the third quarter valued at $48,000. Allworth Financial LP increased its holdings in Crocs by 92.6% in the third quarter. Allworth Financial LP now owns 863 shares of the textile maker’s stock valued at $72,000 after buying an additional 415 shares during the last quarter. IFP Advisors Inc raised its stake in Crocs by 8.1% in the third quarter. IFP Advisors Inc now owns 4,260 shares of the textile maker’s stock valued at $356,000 after buying an additional 318 shares in the last quarter. Finally, Swiss Life Asset Management Ltd acquired a new stake in Crocs in the third quarter valued at $221,000. Institutional investors and hedge funds own 93.44% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on CROX. BTIG Research assumed coverage on Crocs in a report on Tuesday, March 10th. They issued a “neutral” rating on the stock. Zacks Research cut Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. KeyCorp reaffirmed a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. UBS Group increased their price target on shares of Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Finally, Robert W. Baird set a $110.00 price objective on shares of Crocs in a research report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $103.42.
Crocs Stock Down 2.0%
CROX opened at $75.78 on Monday. Crocs, Inc. has a one year low of $73.21 and a one year high of $122.84. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.74 and a current ratio of 1.27. The stock has a market capitalization of $3.81 billion, a P/E ratio of -60.14, a price-to-earnings-growth ratio of 0.88 and a beta of 1.54. The business’s 50-day simple moving average is $86.46 and its 200-day simple moving average is $84.49.
Crocs (NASDAQ:CROX – Get Free Report) last announced its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. The firm had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The business’s revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.52 EPS. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current year.
Insider Buying and Selling at Crocs
In other news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the sale, the executive vice president directly owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.72% of the company’s stock.
About Crocs
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.
Featured Articles
Want to see what other hedge funds are holding CROX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crocs, Inc. (NASDAQ:CROX – Free Report).
Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.
