Stonehage Fleming Financial Services Holdings Ltd Makes New $2.01 Million Investment in Crocs, Inc. $CROX

Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Crocs, Inc. (NASDAQ:CROX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,687 shares of the textile maker’s stock, valued at approximately $2,013,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Crocs by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after purchasing an additional 8,331 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Crocs by 278.1% during the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after purchasing an additional 634 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Crocs by 14.3% in the second quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after buying an additional 14,067 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Crocs in the second quarter worth about $6,290,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Buying and Selling at Crocs

In other news, CEO Andrew Rees sold 19,072 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the sale, the chief executive officer directly owned 713,293 shares in the company, valued at approximately $99,083,530.63. This represents a 2.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 corporate insiders.

Crocs Stock Performance

Crocs stock opened at $121.69 on Friday. The company has a fifty day moving average price of $129.28 and a two-hundred day moving average price of $109.59. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $141.28. The company has a market cap of $5.83 billion, a PE ratio of 10.52, a P/E/G ratio of 1.03 and a beta of 1.53.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, beating 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 business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business posted ($8.82) EPS. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Research analysts expect that Crocs, Inc. will post 13.95 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Seaport Research Partners raised their target price on Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft started coverage on shares of Crocs in a report on Monday, June 8th. They set a “buy” rating for the company. Weiss Ratings raised shares of Crocs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 13th. Bank of America upped their target price on shares of Crocs from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, Williams Trading set a $150.00 price target on shares of Crocs in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Crocs presently has a consensus rating of “Moderate Buy” and an average price target of $139.10.

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.