Crocs, Inc. $CROX Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in Crocs, Inc. (NASDAQ:CROX) by 309.2% in the first quarter, HoldingsChannel reports. The firm owned 188,941 shares of the textile maker’s stock after acquiring an additional 142,763 shares during the quarter. SG Americas Securities LLC’s holdings in Crocs were worth $15,686,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CROX. AQR Capital Management LLC boosted its stake in shares of Crocs by 399.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after buying an additional 1,012,943 shares during the period. Norges Bank acquired a new position in shares of Crocs during the fourth quarter worth about $67,545,000. Himalaya Capital Management LLC purchased a new stake in shares of Crocs during the fourth quarter worth approximately $53,720,000. American Century Companies Inc. raised its holdings in Crocs by 144.4% in the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after acquiring an additional 423,817 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in Crocs by 78.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock valued at $77,651,000 after acquiring an additional 399,964 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Stock Down 2.1%

Shares of NASDAQ:CROX opened at $118.88 on Friday. The company has a market capitalization of $5.91 billion, a PE ratio of -86.14, a P/E/G ratio of 1.25 and a beta of 1.57. 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, Inc. has a twelve month low of $73.21 and a twelve month high of $129.79. The firm has a 50 day simple moving average of $111.67 and a 200-day simple moving average of $95.79.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. During the same quarter in the prior year, the business posted $3.00 EPS. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, equities analysts predict that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Insider Activity

In other news, CEO Andrew Rees sold 32,688 shares of Crocs stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CROX. Needham & Company LLC boosted their price target on shares of Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Scotiabank initiated coverage on shares of Crocs in a report on Monday, June 8th. They issued an “outperform” rating on the stock. Barclays lifted their price objective on shares of Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Royal Bank Of Canada began coverage on shares of Crocs in a research note on Monday, June 8th. They set an “overweight” rating for the company. Finally, Williams Trading set a $150.00 price target on Crocs in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Crocs presently has an average rating of “Moderate Buy” and an average target price of $120.00.

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.