20,000 Shares in Crocs, Inc. $CROX Acquired by Step Capital Management Pte. Ltd.

Step Capital Management Pte. Ltd. purchased a new position in shares of Crocs, Inc. (NASDAQ:CROX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,000 shares of the textile maker’s stock, valued at approximately $1,710,000. Crocs accounts for approximately 0.8% of Step Capital Management Pte. Ltd.’s holdings, making the stock its 15th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its position in shares of Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock worth $1,085,000 after acquiring an additional 120 shares during the last quarter. Anchor Capital Advisors LLC raised its position in Crocs by 2.8% in the 3rd quarter. Anchor Capital Advisors LLC now owns 6,679 shares of the textile maker’s stock valued at $558,000 after purchasing an additional 180 shares during the last quarter. Parallel Advisors LLC raised its position in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares during the last quarter. Kestra Investment Management LLC boosted its stake in Crocs by 7.2% during the 2nd quarter. Kestra Investment Management LLC now owns 2,800 shares of the textile maker’s stock worth $284,000 after purchasing an additional 187 shares during the period. Finally, Belpointe Asset Management LLC boosted its stake in Crocs by 4.7% during the 3rd quarter. Belpointe Asset Management LLC now owns 4,796 shares of the textile maker’s stock worth $401,000 after purchasing an additional 216 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.06, for a total value of $1,215,228.70. Following the sale, the executive vice president owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.00% of the company’s stock.

Crocs Stock Performance

Shares of Crocs stock opened at $83.66 on Monday. The company has a 50-day moving average of $85.82 and a two-hundred day moving average of $84.42. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $122.84. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. The stock has a market cap of $4.20 billion, a PE ratio of -66.40, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.37. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The business had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. During the same quarter in the prior year, the firm posted $2.52 EPS. The company’s revenue was down 3.3% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, research analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on CROX shares. Needham & Company LLC lifted their price objective on shares of Crocs from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. The Goldman Sachs Group increased their target price on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research note on Friday, February 13th. Zacks Research lowered Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Stifel Nicolaus boosted their price target on Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Crocs in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Crocs currently has a consensus rating of “Hold” and a consensus price target of $101.45.

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.