Crocs, Inc. $CROX Shares Bought by New York State Teachers Retirement System

New York State Teachers Retirement System grew its position in shares of Crocs, Inc. (NASDAQ:CROX) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,104 shares of the textile maker’s stock after buying an additional 428 shares during the quarter. New York State Teachers Retirement System owned 0.12% of Crocs worth $6,594,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fuller & Thaler Asset Management Inc. raised its holdings in Crocs by 4.1% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock worth $144,678,000 after purchasing an additional 53,916 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Crocs by 10.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,154,676 shares of the textile maker’s stock worth $122,608,000 after buying an additional 108,076 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Crocs by 15.4% in the 1st quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker’s stock valued at $118,491,000 after buying an additional 148,964 shares during the period. LSV Asset Management boosted its stake in shares of Crocs by 180.9% in the first quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock valued at $93,484,000 after buying an additional 566,847 shares in the last quarter. Finally, New Vernon Capital Holdings II LLC grew its holdings in 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 acquiring an additional 712,520 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on CROX shares. Stifel Nicolaus reissued a “hold” rating and issued a $85.00 target price (down previously from $127.00) on shares of Crocs in a report on Friday, August 8th. Bank of America cut their price target on shares of Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a report on Friday, August 8th. Barclays reiterated an “equal weight” rating and issued a $81.00 price objective (down previously from $119.00) on shares of Crocs in a research note on Friday, August 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Crocs in a research report on Wednesday, October 8th. Finally, UBS Group dropped their target price on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Crocs presently has an average rating of “Hold” and an average price target of $102.00.

Insider Buying and Selling

In related news, Director John B. Replogle acquired 3,261 shares of Crocs stock in a transaction dated Friday, August 8th. The shares were acquired at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the transaction, the director directly owned 15,417 shares of the company’s stock, valued at $1,182,329.73. The trade was a 26.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Susan L. Healy acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $76.56 per share, with a total value of $153,120.00. Following the transaction, the executive vice president owned 50,078 shares in the company, valued at $3,833,971.68. This represents a 4.16% increase in their position. The disclosure for this purchase can be found here. 2.72% of the stock is currently owned by corporate insiders.

Crocs Price Performance

Crocs stock opened at $83.00 on Monday. Crocs, Inc. has a 52 week low of $73.76 and a 52 week high of $139.96. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The firm’s 50-day simple moving average is $82.66 and its 200 day simple moving average is $95.08. The firm has a market capitalization of $4.53 billion, a PE ratio of 22.25, a P/E/G ratio of 1.91 and a beta of 1.43.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the business posted $4.01 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

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.