Contrarius Group Holdings Ltd Has $40.62 Million Holdings in Crocs, Inc. $CROX

Contrarius Group Holdings Ltd boosted its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 324.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 475,011 shares of the textile maker’s stock after acquiring an additional 363,010 shares during the quarter. Crocs accounts for approximately 2.0% of Contrarius Group Holdings Ltd’s portfolio, making the stock its 16th largest position. Contrarius Group Holdings Ltd’s holdings in Crocs were worth $40,623,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 459 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Crocs by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock valued at $22,441,000 after acquiring an additional 8,331 shares during the period. EverSource Wealth Advisors LLC raised its stake in Crocs by 278.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock valued at $87,000 after acquiring an additional 634 shares during the period. First Trust Advisors LP raised its stake in Crocs by 14.3% in the 2nd quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock valued at $11,365,000 after acquiring an additional 14,067 shares during the period. Finally, Marshall Wace LLP bought a new stake in Crocs in the 2nd quarter valued at $6,290,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $119.35 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The stock’s fifty day moving average price is $102.07 and its two-hundred day moving average price is $91.86. Crocs, Inc. has a one year low of $73.21 and a one year high of $122.34. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of -86.48, a P/E/G ratio of 1.23 and a beta of 1.57.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $900.57 million. During the same period last year, the firm earned $3.00 earnings per share. Crocs’s revenue for the quarter was down 1.7% compared to the same quarter last year. 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 forecast that Crocs, Inc. will post 13.67 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CROX. Monness Crespi & Hardt raised their target price on shares of Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Needham & Company LLC raised their target price on shares of Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Bank of America raised their target price on shares of Crocs from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Wednesday. 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 research note on Friday, May 1st. Finally, Robert W. Baird set a $110.00 target price on Crocs in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.00.

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.