5,600 Shares in Crocs, Inc. $CROX Purchased by AdvisorShares Investments LLC

AdvisorShares Investments LLC bought a new position in shares of Crocs, Inc. (NASDAQ:CROX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,600 shares of the textile maker’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LSV Asset Management grew its position in Crocs by 33.1% during the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after buying an additional 366,537 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Crocs by 4.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after buying an additional 67,216 shares in the last quarter. AQR Capital Management LLC grew its position in Crocs by 399.0% during the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after buying an additional 1,012,943 shares in the last quarter. Alliancebernstein L.P. grew its position in Crocs by 5.8% during the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after buying an additional 64,672 shares in the last quarter. Finally, Norges Bank bought a new stake in Crocs during the fourth quarter valued at approximately $67,545,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on CROX. Stifel Nicolaus boosted their price target on shares of Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. Barclays boosted their price target 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. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. Piper Sandler reissued a “neutral” rating and issued a $95.00 price target on shares of Crocs in a research note on Thursday, February 12th. Finally, UBS Group raised their price target on Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $103.73.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $118.67 on Friday. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of -85.99, a P/E/G ratio of 1.16 and a beta of 1.54. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $121.26. The stock’s 50-day moving average is $98.01 and its 200 day moving average is $90.19.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. The company had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.Crocs’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the firm posted $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, sell-side analysts anticipate that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Crocs 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.