denkapparat Operations GmbH Makes New $296,000 Investment in Crocs, Inc. $CROX

denkapparat Operations GmbH bought a new stake in Crocs, Inc. (NASDAQ:CROX) during the 2nd quarter, Holdings Channel reports. The fund bought 2,924 shares of the textile maker’s stock, valued at approximately $296,000.

Several other institutional investors also recently modified their holdings of the business. Louisiana State Employees Retirement System raised its stake in shares of Crocs by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 15,800 shares of the textile maker’s stock worth $1,600,000 after buying an additional 100 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Crocs by 4.7% during the 2nd quarter. TD Private Client Wealth LLC now owns 2,493 shares of the textile maker’s stock worth $252,000 after acquiring an additional 113 shares during the period. Blue Trust Inc. raised its position in shares of Crocs by 4.7% during the 2nd quarter. Blue Trust Inc. now owns 2,571 shares of the textile maker’s stock valued at $260,000 after acquiring an additional 116 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Crocs by 4.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,136 shares of the textile maker’s stock valued at $333,000 after purchasing an additional 126 shares during the period. Finally, Vontobel Holding Ltd. boosted its position in shares of Crocs by 1.8% in the 2nd quarter. Vontobel Holding Ltd. now owns 7,216 shares of the textile maker’s stock worth $731,000 after purchasing an additional 126 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Price Performance

Shares of CROX opened at $74.45 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a twelve month low of $73.52 and a twelve month high of $122.84. The stock has a market capitalization of $3.87 billion, a P/E ratio of 19.96, a P/E/G ratio of 1.97 and a beta of 1.51. The company has a 50 day moving average of $81.43 and a 200-day moving average of $93.50.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, topping the consensus estimate of $2.36 by $0.56. The business had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.60 earnings per share. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, equities research analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Analyst Ratings Changes

CROX has been the subject of a number of recent analyst reports. UBS Group dropped their price objective on Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Piper Sandler cut Crocs from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $95.00 to $75.00 in a research note on Monday, September 22nd. The Goldman Sachs Group cut their price target on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Barclays boosted their price objective on shares of Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Finally, Bank of America cut their target price on shares of Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.42.

Insider Activity at Crocs

In related news, Director John B. Replogle acquired 3,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was bought at an average price of $74.50 per share, for a total transaction of $223,500.00. Following the acquisition, the director directly owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is currently owned by corporate insiders.

Crocs 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.