7,125 Shares in Crocs, Inc. $CROX Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in Crocs, Inc. (NASDAQ:CROX) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,125 shares of the textile maker’s stock, valued at approximately $592,000.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its stake 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 worth $105,841,000 after acquiring an additional 1,012,943 shares in the last quarter. Norges Bank bought a new stake in shares of Crocs in the fourth quarter worth $67,545,000. Himalaya Capital Management LLC bought a new stake in shares of Crocs in the fourth quarter worth $53,720,000. Fuller & Thaler Asset Management Inc. boosted its holdings in Crocs by 78.7% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock worth $77,651,000 after purchasing an additional 399,964 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in Crocs by 33.1% during the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after purchasing an additional 366,537 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. The trade was a 4.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CROX shares. Bank of America raised their target price on shares of Crocs from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Williams Trading set a $150.00 price objective on shares of Crocs in a research note on Tuesday, June 9th. Robert W. Baird upgraded Crocs from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $115.00 to $150.00 in a report on Monday, June 8th. Finally, Piper Sandler raised Crocs from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $95.00 to $150.00 in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Crocs has a consensus rating of “Moderate Buy” and a consensus price target of $128.00.

Crocs Price Performance

NASDAQ:CROX opened at $134.54 on Tuesday. The stock has a market capitalization of $6.69 billion, a PE ratio of -97.49, a P/E/G ratio of 1.39 and a beta of 1.55. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $140.42. The firm has a fifty day simple moving average of $123.86 and a 200 day simple moving average of $102.24. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.21. The firm had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, research analysts expect that Crocs, Inc. will post 13.66 EPS for the current fiscal year.

Crocs 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.