Crocs, Inc. $CROX is Tyro Capital Management LLC’s 6th Largest Position

Tyro Capital Management LLC increased its position in Crocs, Inc. (NASDAQ:CROX) by 60.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 290,008 shares of the textile maker’s stock after purchasing an additional 108,986 shares during the period. Crocs comprises about 9.0% of Tyro Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Tyro Capital Management LLC’s holdings in Crocs were worth $24,230,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its position in Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 245 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Crocs in the second quarter worth $49,000. IMA Advisory Services Inc. boosted its position in shares of Crocs by 72.7% in the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after buying an additional 272 shares during the period. Finally, Ameriflex Group Inc. grew its holdings in shares of Crocs by 292.0% during the third quarter. Ameriflex Group Inc. now owns 784 shares of the textile maker’s stock valued at $66,000 after buying an additional 584 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity 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. 2.72% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CROX shares. KeyCorp reissued a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Needham & Company LLC raised their price objective on Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Zacks Research cut Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Piper Sandler reiterated a “neutral” rating and issued a $95.00 target price on shares of Crocs in a report on Thursday, February 12th. Finally, Weiss Ratings lowered shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Crocs currently has an average rating of “Hold” and a consensus price target of $103.42.

Crocs Trading Up 1.3%

Crocs stock opened at $87.16 on Tuesday. Crocs, Inc. has a 52 week low of $73.21 and a 52 week 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 firm has a market capitalization of $4.38 billion, a PE ratio of -69.17, a PEG ratio of 1.00 and a beta of 1.54. The business’s 50-day simple moving average is $87.80 and its 200-day simple moving average is $85.00.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.37. The firm had revenue of $957.64 million during 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 quarter in the prior year, the company 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 forecast that Crocs, Inc. will post 13.2 earnings per share for the current year.

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.