Crocs, Inc. $CROX Shares Bought by State of Wyoming

State of Wyoming increased its stake in Crocs, Inc. (NASDAQ:CROX) by 531.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,651 shares of the textile maker’s stock after acquiring an additional 3,914 shares during the quarter. State of Wyoming’s holdings in Crocs were worth $546,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CROX. Root Financial Partners LLC acquired a new position in shares of Crocs during the third quarter valued at approximately $28,000. Versant Capital Management Inc boosted its stake in shares of Crocs by 95.9% in the third quarter. Versant Capital Management Inc now owns 290 shares of the textile maker’s stock worth $34,000 after acquiring an additional 142 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Crocs during the second quarter worth approximately $42,000. Allworth Financial LP purchased a new stake in shares of Crocs during the second quarter worth approximately $53,000. Finally, Persistent Asset Partners Ltd acquired a new position in Crocs in the 2nd quarter valued at $55,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CROX shares. Wall Street Zen upgraded Crocs from a “buy” rating to a “strong-buy” rating in a report on Sunday. UBS Group reaffirmed a “neutral” rating and set a $145.00 target price on shares of Crocs in a report on Friday. Monness Crespi & Hardt increased their target price on shares of Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Needham & Company LLC raised their price target on shares of Crocs from $150.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Robert W. Baird set a $163.00 price target on shares of Crocs in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Crocs currently has a consensus rating of “Moderate Buy” and an average target price of $158.30.

Insider Activity at Crocs

In other news, Director Beth Kaplan purchased 885 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was acquired at an average price of $112.12 per share, with a total value of $99,226.20. Following the purchase, the director directly owned 15,259 shares in the company, valued at approximately $1,710,839.08. This represents a 6.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew Rees sold 19,072 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the sale, the chief executive officer owned 713,293 shares of the company’s stock, valued at $99,083,530.63. This represents a 2.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.10% of the company’s stock.

Trending Headlines about Crocs

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Quarterly earnings and revenue beat expectations. Crocs reported adjusted EPS of $3.69 versus the $3.31 analyst consensus, while revenue increased 4.7% year over year to approximately $1.04 billion, ahead of estimates near $1.00 billion. Crocs quarterly earnings report
• Positive Sentiment: Management raised its full-year forecast for the third consecutive time. Crocs now expects 2026 revenue growth of approximately 3%, up from its prior 1%–2% outlook, and projects fourth-quarter revenue growth of roughly 7%–9%. Crocs Q3 results and outlook
• Positive Sentiment: HEYDUDE returned to growth. HEYDUDE revenue increased about 6%, easing concerns about the struggling brand and strengthening the case for a broader recovery. Crocs Brand revenue also grew approximately 4.4%. Reuters HEYDUDE turnaround article
• Positive Sentiment: Profitability and shareholder returns improved. Gross margin expanded to 66.2% from 58.5% a year earlier, operating income rose more than 40%, and the company repurchased approximately $250 million of stock during the quarter.
• Positive Sentiment: Analysts became more bullish. Barclays raised its price target to $178 and assigned an “overweight” rating, while Needham raised its target to $190 and reiterated a “buy” rating. Barclays CROX rating
• Neutral Sentiment: Technical coverage highlights that CROX has moved above its 20-day and 50-day moving averages and reached a new 52-week high, signaling positive momentum but also increasing the risk of profit-taking after the sharp advance. CROX moving average analysis
• Negative Sentiment: Some commentary notes that international growth is helping offset weaker U.S. performance, while tariff-related benefits and buybacks contributed to the earnings improvement. These factors could make comparisons less favorable if they do not persist.

Crocs Price Performance

NASDAQ CROX opened at $150.52 on Monday. The business’s fifty day simple moving average is $120.41 and its 200-day simple moving average is $109.73. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.96. The firm has a market cap of $6.88 billion, a PE ratio of 11.24, a P/E/G ratio of 1.20 and a beta of 1.49. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $154.05.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, October 29th. The textile maker reported $3.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.38. Crocs had a net margin of 16.20% and a return on equity of 49.35%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the firm posted $2.92 earnings per share. Crocs’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities analysts anticipate that Crocs, Inc. will post 14.62 earnings per share for the current year.

Crocs Profile

Crocs, Inc is a global footwear company best known for its Crocs brand of casual, lightweight shoes. Its product portfolio includes clogs, sandals, slides, boots and other casual footwear, along with accessories such as Jibbitz charms, which are designed to personalize Crocs shoes.

The company was founded in 2002 and introduced its first clog that year. Crocs has expanded from its original molded footwear into a broader lifestyle brand, offering products for women, men and children through company-operated and third-party retail stores, e-commerce platforms and wholesale partners.

In 2022, Crocs completed its acquisition of HEYDUDE, adding the casual shoe brand to its portfolio.