BI Asset Management Fondsmaeglerselskab A S Purchases 41,732 Shares of Crocs, Inc. $CROX

BI Asset Management Fondsmaeglerselskab A S raised its position in Crocs, Inc. (NASDAQ:CROX) by 277.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,765 shares of the textile maker’s stock after purchasing an additional 41,732 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Crocs were worth $4,855,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Step Capital Management Pte. Ltd. acquired a new stake in Crocs in the fourth quarter valued at $1,710,000. Marshall Financial Group LLC acquired a new stake in Crocs in the fourth quarter valued at $1,237,000. MH & Associates Securities Management Corp ADV acquired a new stake in Crocs in the fourth quarter valued at $1,736,000. Brevan Howard Capital Management LP lifted its stake in shares of Crocs by 41.6% during the 3rd quarter. Brevan Howard Capital Management LP now owns 44,212 shares of the textile maker’s stock worth $3,694,000 after buying an additional 12,995 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Crocs by 92.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 29,982 shares of the textile maker’s stock worth $2,564,000 after buying an additional 14,393 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Price Performance

NASDAQ:CROX opened at $119.35 on Monday. 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, Inc. has a 52 week low of $73.21 and a 52 week 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. The firm’s 50-day simple moving average is $102.07 and its 200 day simple moving average is $91.86.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $900.57 million. During the same period last year, the firm earned $3.00 EPS. The business’s quarterly revenue 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. As a group, sell-side analysts predict that Crocs, Inc. will post 13.67 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. 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. Seaport Research Partners upgraded shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 target price for the company in a research note on Tuesday, April 14th. The Goldman Sachs Group raised 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. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price 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.