Crocs, Inc. $CROX Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 309.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,941 shares of the textile maker’s stock after buying an additional 142,763 shares during the period. SG Americas Securities LLC owned about 0.38% of Crocs worth $15,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Torren Management LLC acquired a new stake in Crocs during the 4th quarter worth $39,000. Parallel Advisors LLC raised its stake in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Crocs in the 3rd quarter valued at approximately $48,000. National Bank of Canada FI increased its holdings in shares of Crocs by 597.3% during the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after buying an additional 663 shares during the last quarter. Finally, Ameriflex Group Inc. raised its position in shares of Crocs by 292.0% during the 3rd quarter. Ameriflex Group Inc. now owns 784 shares of the textile maker’s stock valued at $66,000 after buying an additional 584 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on CROX shares. Needham & Company LLC increased their price objective on Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft assumed coverage on Crocs in a research report on Monday, June 8th. They issued a “buy” rating on the stock. Seaport Research Partners raised Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target on the stock in a research note on Tuesday, April 14th. The Goldman Sachs Group cut Crocs from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. Finally, Wall Street Zen raised Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $120.00.

Insider Transactions at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the sale, the chief executive officer owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.10% of the stock is owned by company insiders.

Crocs Stock Down 2.1%

Shares of NASDAQ CROX opened at $118.88 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average is $111.67 and its two-hundred day moving average is $95.79. Crocs, Inc. has a 52-week low of $73.21 and a 52-week high of $129.79. The firm has a market cap of $5.91 billion, a price-to-earnings ratio of -86.14, a PEG ratio of 1.25 and a beta of 1.57.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping the consensus estimate of $2.78 by $0.21. The business had revenue of $921.46 million during the quarter, compared to analyst estimates of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the business posted $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Research analysts predict that Crocs, Inc. will post 13.67 EPS for the current 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.