4,965 Shares in Crocs, Inc. $CROX Purchased by Havemeyer Place LP

Havemeyer Place LP purchased a new position in Crocs, Inc. (NASDAQ:CROX) in the fourth quarter, HoldingsChannel reports. The fund purchased 4,965 shares of the textile maker’s stock, valued at approximately $425,000.

A number of other institutional investors also recently bought and sold shares of CROX. Torren Management LLC bought a new position in Crocs in the fourth quarter worth about $39,000. Parallel Advisors LLC raised its stake in Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Crocs in the third quarter worth about $48,000. IMA Advisory Services Inc. raised its stake in Crocs by 72.7% in the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after buying an additional 272 shares in the last quarter. Finally, National Bank of Canada FI raised its stake in Crocs by 597.3% in the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after buying an additional 663 shares in the last quarter. 93.44% of the stock is owned by institutional investors.

Insider Activity at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by insiders.

Crocs Price Performance

Shares of NASDAQ CROX opened at $127.77 on Wednesday. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $129.45. The company has a 50 day simple moving average of $103.85 and a two-hundred day simple moving average of $92.50. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of -92.59, a P/E/G ratio of 1.25 and a beta of 1.57. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating 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 firm had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same quarter in the prior year, the company posted $3.00 earnings per share. The business’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. Analysts expect that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Scotiabank assumed coverage on shares of Crocs in a research note on Monday. They set an “outperform” rating for the company. Piper Sandler downgraded shares of Crocs from a “neutral” rating to a “neutral” rating in a research note on Monday. BTIG Research assumed coverage on shares of Crocs in a research note on Tuesday, March 10th. They set a “neutral” rating for the company. Finally, Weiss Ratings downgraded shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. One 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $117.64.

Crocs Company 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.