5,156 Shares in Crocs, Inc. $CROX Purchased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC bought a new stake in shares of Crocs, Inc. (NASDAQ:CROX) in the second quarter, Holdings Channel reports. The firm bought 5,156 shares of the textile maker’s stock, valued at approximately $622,000.

Several other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock worth $1,085,000 after purchasing an additional 120 shares during the period. Root Financial Partners LLC boosted its stake in shares of Crocs by 96.3% in the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 157 shares during the period. L2 Asset Management LLC boosted its stake in shares of Crocs by 5.4% in the fourth quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock valued at $284,000 after purchasing an additional 169 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Crocs by 4.1% in the first quarter. PNC Financial Services Group Inc. now owns 4,490 shares of the textile maker’s stock valued at $373,000 after purchasing an additional 176 shares in the last quarter. Finally, Parallel Advisors LLC grew 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 purchasing an additional 186 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Crocs

In other news, CEO Andrew Rees sold 19,072 shares of Crocs stock in a transaction on Monday, August 10th. The shares were sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the completion of the sale, the chief executive officer directly owned 713,293 shares of the company’s stock, valued at approximately $99,083,530.63. The trade was a 2.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 62,688 shares of company stock valued at $8,014,859. 3.10% of the stock is currently owned by company insiders.

Crocs Stock Up 0.4%

CROX stock opened at $122.23 on Friday. The company’s 50 day moving average price is $129.22 and its 200 day moving average price is $109.67. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $141.28. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 1.02 and a beta of 1.53.

Crocs (NASDAQ:CROX) last issued its 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. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the company earned ($8.82) earnings per share. The firm’s revenue was up 2.6% compared to the same quarter last year. 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, equities research analysts anticipate that Crocs, Inc. will post 13.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CROX shares. Stifel Nicolaus upped their target price on shares of Crocs from $105.00 to $125.00 and gave the stock a “hold” rating in a research note on Monday, June 15th. Barclays raised their price target on shares of Crocs from $110.00 to $118.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Crocs from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 13th. Robert W. Baird set a $163.00 price objective on Crocs in a research report on Friday, July 31st. Finally, Seaport Research Partners increased their price objective on Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, July 20th. One 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 assigned a Sell rating to the company. According to MarketBeat.com, Crocs presently has an average rating of “Moderate Buy” and an average target price of $139.10.

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.