Crocs (NASDAQ:CROX) EVP Sells $1,215,228.70 in Stock

Crocs, Inc. (NASDAQ:CROX) EVP Anne Mehlman sold 12,145 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Crocs Trading Down 1.4%

Shares of Crocs stock opened at $92.70 on Friday. The stock has a market cap of $4.66 billion, a PE ratio of -73.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.56. The firm has a fifty day moving average price of $88.25 and a 200 day moving average price of $84.77. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.27 and a quick ratio of 0.74.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Torren Management LLC purchased a new position in shares of Crocs in the fourth quarter valued at approximately $39,000. Parallel Advisors LLC raised its stake in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares during the last quarter. Allworth Financial LP raised its stake in Crocs by 120.7% in the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 245 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Crocs in the 3rd quarter valued at $48,000. Finally, Employees Retirement System of Texas purchased a new position in Crocs in the 2nd quarter valued at $49,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on CROX shares. KeyCorp restated a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Barclays increased their price target on shares of Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. The Goldman Sachs Group lifted their price objective on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a report on Friday, February 13th. Needham & Company LLC increased their target price on shares of Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Monness Crespi & Hardt lifted their price target on Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $103.42.

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.