Crocs, Inc. $CROX Shares Bought by Sei Investments Co.

Sei Investments Co. increased its holdings in Crocs, Inc. (NASDAQ:CROX) by 143.8% during the first quarter, Holdings Channel reports. The firm owned 23,446 shares of the textile maker’s stock after purchasing an additional 13,828 shares during the period. Sei Investments Co.’s holdings in Crocs were worth $1,947,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CROX. Root Financial Partners LLC boosted its holdings in Crocs by 96.3% during the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after buying an additional 157 shares in the last quarter. Torren Management LLC bought a new position in shares of Crocs in the fourth quarter valued at $39,000. Parallel Advisors LLC increased its holdings in shares of Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Crocs by 159.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 459 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Crocs by 597.3% during the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after acquiring an additional 663 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Andrew Rees sold 32,688 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CROX. Wedbush started coverage on Crocs in a research note on Monday, June 8th. They set an “outperform” rating for the company. The Goldman Sachs Group reaffirmed a “sell” rating and set a $95.00 target price on shares of Crocs in a report on Friday, July 31st. Weiss Ratings upgraded Crocs from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, July 31st. Wells Fargo & Company assumed coverage on Crocs in a research note on Monday, June 8th. They issued a “buy” rating on the stock. Finally, Royal Bank Of Canada started coverage on Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $139.10.

Crocs Stock Performance

Shares of Crocs stock opened at $136.62 on Monday. The stock has a market cap of $6.55 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 1.13 and a beta of 1.53. The business has a fifty day simple moving average of $127.90 and a 200-day simple moving average of $105.35. The company has a quick ratio of 0.96, a current ratio of 1.49 and a debt-to-equity ratio of 0.94. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $141.28.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, beating the consensus estimate of $4.35 by $0.20. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.Crocs’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($8.82) earnings per share. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, sell-side analysts anticipate that Crocs, Inc. will post 13.97 EPS for the current fiscal year.

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.