Crocs, Inc. $CROX Shares Bought by Edgestream Partners L.P.

Edgestream Partners L.P. lifted its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 121.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,477 shares of the textile maker’s stock after buying an additional 18,359 shares during the quarter. Edgestream Partners L.P.’s holdings in Crocs were worth $3,391,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Boston Partners raised its stake in Crocs by 2,659.1% during the 2nd quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after acquiring an additional 1,627,190 shares in the last quarter. New Vernon Capital Holdings II LLC grew its holdings in shares of Crocs by 10,520.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock worth $76,389,000 after purchasing an additional 712,520 shares during the last quarter. Norges Bank acquired a new stake in shares of Crocs during the second quarter worth about $56,710,000. Nuveen LLC purchased a new stake in shares of Crocs in the 1st quarter valued at about $25,957,000. Finally, Franklin Resources Inc. boosted its position in shares of Crocs by 82.5% in the 2nd quarter. Franklin Resources Inc. now owns 537,183 shares of the textile maker’s stock valued at $54,406,000 after purchasing an additional 242,775 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Price Performance

Shares of NASDAQ CROX opened at $89.35 on Thursday. The stock has a fifty day moving average price of $81.56 and a 200 day moving average price of $90.90. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83. The company has a market cap of $4.64 billion, a PE ratio of 29.10 and a beta of 1.54.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate 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 4.48% and a return on equity of 43.14%. During the same period in the previous year, the company posted $3.60 EPS. Crocs’s revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current year.

Insider Transactions at Crocs

In other news, Director John B. Replogle purchased 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average cost of $74.50 per share, with a total value of $223,500.00. Following the completion of the acquisition, the director directly owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. This trade represents a 19.46% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on CROX shares. Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. KeyCorp lowered their target price on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. UBS Group reduced their price target on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, August 11th. Needham & Company LLC increased their price target on shares of Crocs from $89.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Finally, Bank of America dropped their price objective on shares of Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $103.42.

About Crocs

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.