Migdal Insurance & Financial Holdings Ltd. Invests $16.71 Million in Crocs, Inc. $CROX

Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Crocs, Inc. (NASDAQ:CROX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 200,000 shares of the textile maker’s stock, valued at approximately $16,710,000. Migdal Insurance & Financial Holdings Ltd. owned 0.37% of Crocs at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP boosted its holdings 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 period. Ameritas Advisory Services LLC acquired a new position in shares of Crocs during the second quarter valued at about $48,000. Employees Retirement System of Texas acquired a new position in shares of Crocs during the second quarter valued at about $49,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Crocs in the second quarter valued at about $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Crocs by 159.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after buying an additional 459 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Stock Down 1.0%

Shares of NASDAQ:CROX opened at $82.27 on Wednesday. The company’s fifty day moving average is $85.29 and its 200-day moving average is $86.82. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.40. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84. The company has a market capitalization of $4.27 billion, a PE ratio of 26.80 and a beta of 1.54.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.56. The firm had revenue of $996.30 million during the quarter, compared to the consensus estimate of $960.14 million. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period last year, the firm posted $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Equities research analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Crocs news, Director John B. Replogle purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the transaction, the director directly owned 18,417 shares in the company, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 2.72% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CROX has been the subject of a number of recent research reports. Needham & Company LLC restated a “buy” rating and issued a $100.00 target price on shares of Crocs in a research note on Friday, December 5th. Weiss Ratings raised shares of Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. UBS Group reiterated a “neutral” rating on shares of Crocs in a research report on Tuesday, January 6th. Finally, Baird R W lowered shares of Crocs from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $99.25.

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.