Riverwater Partners LLC Sells 7,389 Shares of Crocs, Inc. $CROX

Riverwater Partners LLC decreased its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 52.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,734 shares of the textile maker’s stock after selling 7,389 shares during the quarter. Riverwater Partners LLC’s holdings in Crocs were worth $563,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Allworth Financial LP grew its position in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after buying an additional 245 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Crocs in the 2nd quarter worth approximately $48,000. Employees Retirement System of Texas bought a new stake in shares of Crocs in the 2nd quarter worth approximately $49,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Crocs during the second quarter valued at approximately $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Crocs by 159.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 459 shares during the period. Institutional investors own 93.44% of the company’s stock.

Crocs Stock Performance

NASDAQ:CROX opened at $83.98 on Tuesday. The firm has a 50 day moving average of $86.14 and a 200-day moving average of $86.24. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The stock has a market capitalization of $4.36 billion, a P/E ratio of 27.36 and a beta of 1.54. The company has a current ratio of 1.40, a quick ratio of 0.83 and a debt-to-equity ratio of 0.97.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.56. The company had revenue of $996.30 million for the quarter, compared to analyst estimates of $960.14 million. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The business’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.60 earnings per share. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, sell-side analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John B. Replogle acquired 3,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was purchased at an average price of $74.50 per share, for a total transaction of $223,500.00. Following the transaction, the director owned 18,417 shares of the company’s stock, valued at $1,372,066.50. The trade was a 19.46% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.72% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Barclays raised their target price on Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Wall Street Zen downgraded shares of Crocs from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of Crocs in a research note on Friday, December 5th. Stifel Nicolaus raised their price target on shares of Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, October 31st. Finally, Zacks Research downgraded Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Crocs presently 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.