Vanguard Personalized Indexing Management LLC grew its position in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) by 2.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 8,721 shares of the textile maker’s stock after acquiring an additional 230 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Crocs were worth $883,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in CROX. New Vernon Capital Holdings II LLC grew its stake in Crocs by 10,520.0% in 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 purchasing an additional 712,520 shares during the period. LSV Asset Management boosted its holdings in shares of Crocs by 180.9% during the 1st 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. Nuveen LLC purchased a new stake in shares of Crocs in the 1st quarter worth about $25,957,000. T. Rowe Price Investment Management Inc. increased its stake in shares of Crocs by 43.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 702,399 shares of the textile maker’s stock worth $74,595,000 after acquiring an additional 211,855 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Crocs by 670.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 214,948 shares of the textile maker’s stock worth $23,459,000 after acquiring an additional 187,051 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Piper Sandler lowered shares of Crocs from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $95.00 to $75.00 in a research note on Monday, September 22nd. Monness Crespi & Hardt dropped their price target on Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. UBS Group cut their price target on Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Barclays reiterated an “equal weight” rating and set a $81.00 price objective (down previously from $119.00) on shares of Crocs in a research note on Friday, August 8th. Finally, The Goldman Sachs Group cut their target price on Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research note on Tuesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $102.00.
Crocs Stock Down 0.2%
Crocs stock opened at $83.00 on Monday. Crocs, Inc. has a 12 month low of $73.76 and a 12 month high of $139.96. The stock has a fifty day simple moving average of $82.66 and a two-hundred day simple moving average of $95.08. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.91 and a beta of 1.43.
Crocs (NASDAQ:CROX – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, beating the consensus estimate of $4.01 by $0.22. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the firm posted $4.01 earnings per share. Crocs’s revenue was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. Equities analysts predict that Crocs, Inc. will post 13.2 EPS for the current fiscal year.
Insider Activity at Crocs
In related news, Director John B. Replogle bought 3,261 shares of the business’s stock in a transaction on Friday, August 8th. The stock was acquired at an average price of $76.69 per share, with a total value of $250,086.09. Following the transaction, the director owned 15,417 shares in the company, valued at approximately $1,182,329.73. This trade represents a 26.83% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Susan L. Healy bought 2,000 shares of the firm’s stock in a transaction 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 completion of the purchase, the executive vice president owned 50,078 shares in the company, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The disclosure for this purchase can be found here. 2.72% of the stock is owned by insiders.
Crocs Company Profile
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.
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