Crocs, Inc. $CROX Stake Reduced by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its holdings in Crocs, Inc. (NASDAQ:CROX) by 7.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,000 shares of the textile maker’s stock after selling 1,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in Crocs were worth $1,519,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in CROX. Boston Partners raised its holdings in shares of Crocs by 2,659.1% in the 2nd quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after purchasing an additional 1,627,190 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted 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 buying an additional 53,916 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Crocs by 10.3% in the first 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 during the last quarter. Alliancebernstein L.P. grew its position in Crocs by 15.4% in the first quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker’s stock worth $118,491,000 after buying an additional 148,964 shares during the last quarter. Finally, LSV Asset Management increased its holdings in shares of Crocs by 21.9% in the second quarter. LSV Asset Management now owns 1,073,120 shares of the textile maker’s stock valued at $108,686,000 after buying an additional 192,860 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insider Activity at Crocs

In related news, Director John B. Replogle purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the completion of the acquisition, the director owned 18,417 shares in the company, valued at $1,372,066.50. This trade represents a 19.46% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

Crocs Stock Performance

Shares of CROX stock opened at $85.46 on Thursday. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 22.91, a P/E/G ratio of 1.97 and a beta of 1.51. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84. 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 stock’s fifty day simple moving average is $80.79 and its 200-day simple moving average is $92.02.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CROX. Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Barclays boosted their target price on Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Zacks Research upgraded Crocs from a “strong sell” rating to a “hold” rating in a research report on Friday, October 31st. Stifel Nicolaus lifted their price target on Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, October 31st. Finally, Citigroup lowered shares of Crocs to a “negative” rating in a research note on Tuesday, October 7th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Crocs presently has a consensus rating of “Hold” and an average price target of $103.42.

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.