Creative Planning increased its holdings in Crocs, Inc. (NASDAQ:CROX – Free Report) by 11.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,682 shares of the textile maker’s stock after acquiring an additional 958 shares during the quarter. Creative Planning’s holdings in Crocs were worth $981,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Crocs by 7.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,407 shares of the textile maker’s stock worth $1,459,000 after purchasing an additional 1,007 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of Crocs by 39.2% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 31,277 shares of the textile maker’s stock valued at $3,153,000 after buying an additional 8,808 shares during the period. denkapparat Operations GmbH purchased a new position in shares of Crocs during the second quarter valued at about $296,000. Quinn Opportunity Partners LLC raised its stake in Crocs by 167.7% in the second quarter. Quinn Opportunity Partners LLC now owns 99,063 shares of the textile maker’s stock worth $10,033,000 after buying an additional 62,063 shares in the last quarter. Finally, Boston Partners lifted its holdings in Crocs by 2,659.1% in the second quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after buying an additional 1,627,190 shares during the period. Institutional investors own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on CROX. KeyCorp decreased their target price on Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Wall Street Zen cut Crocs from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Zacks Research raised Crocs from a “strong sell” rating to a “hold” rating in a research report on Friday, October 31st. Citigroup cut shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. Finally, Weiss Ratings upgraded shares of Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, November 25th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Crocs has a consensus rating of “Hold” and a consensus price target of $103.42.
Insider Activity at Crocs
In other news, Director John B. Replogle purchased 3,000 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were purchased at an average price of $74.50 per share, for a total transaction of $223,500.00. Following the completion of the acquisition, the director directly owned 18,417 shares in the company, valued at $1,372,066.50. This represents a 19.46% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is currently owned by insiders.
Crocs Stock Down 0.2%
Shares of NASDAQ:CROX opened at $85.25 on Monday. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. The stock has a fifty day simple moving average of $80.99 and a two-hundred day simple moving average of $91.35. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $122.84. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 1.97 and a beta of 1.51.
Crocs (NASDAQ:CROX – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.56. The company had revenue of $996.30 million for the quarter, compared to analysts’ expectations of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. Crocs’s revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. On average, research analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.
Crocs Company Profile
Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.
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