Landscape Capital Management L.L.C. bought a new position in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 44,431 shares of the textile maker’s stock, valued at approximately $3,800,000.
Other institutional investors have also recently made changes to their positions in the company. Torren Management LLC purchased a new position in shares of Crocs during the fourth quarter worth $39,000. Parallel Advisors LLC raised its holdings in shares of Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Crocs during the third quarter worth $48,000. National Bank of Canada FI raised its holdings in shares of Crocs by 597.3% during the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after purchasing an additional 663 shares during the last quarter. Finally, Ameriflex Group Inc. raised 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 worth $66,000 after purchasing an additional 584 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on CROX. Seaport Research Partners raised shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 target price for the company in a report on Tuesday, April 14th. UBS Group raised shares of Crocs from a “neutral” rating to a “buy” rating in a report on Monday, June 8th. Barclays raised their target price on shares of Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Wells Fargo & Company assumed coverage on shares of Crocs in a research report on Monday, June 8th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group lowered shares of Crocs from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. One equities research 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $117.64.
Insiders Place Their Bets
In related news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the transaction, the chief executive officer directly owned 743,293 shares in the company, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 3.10% of the company’s stock.
Crocs Stock Performance
CROX opened at $124.71 on Monday. The firm has a market capitalization of $6.20 billion, a PE ratio of -90.37, a PEG ratio of 1.29 and a beta of 1.57. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $129.45. The firm’s 50-day moving average price is $106.36 and its 200 day moving average price is $93.44. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.
Crocs (NASDAQ:CROX – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. The firm had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. Crocs’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, sell-side analysts expect that Crocs, Inc. will post 13.67 EPS for the current fiscal year.
Crocs 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.
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