Vanguard Group Inc. Sells 175,375 Shares of Crocs, Inc. $CROX

Vanguard Group Inc. decreased its stake in Crocs, Inc. (NASDAQ:CROX) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,749,505 shares of the textile maker’s stock after selling 175,375 shares during the period. Vanguard Group Inc. owned 0.09% of Crocs worth $406,178,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CROX. AQR Capital Management LLC grew its holdings in shares of Crocs by 399.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after acquiring an additional 1,012,943 shares in the last quarter. Smead Capital Management Inc. bought a new position in shares of Crocs in the 3rd quarter valued at about $52,978,000. American Century Companies Inc. grew its holdings in shares of Crocs by 144.4% in the 3rd quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after acquiring an additional 423,817 shares in the last quarter. Voss Capital LP grew its holdings in Crocs by 65.2% during the third quarter. Voss Capital LP now owns 665,000 shares of the textile maker’s stock worth $55,561,000 after purchasing an additional 262,500 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in Crocs during the 3rd quarter worth $16,710,000. Institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on CROX shares. Williams Trading upgraded Crocs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. BTIG Research started coverage on Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating on the stock. Robert W. Baird set a $110.00 price objective on Crocs in a research report on Friday, February 13th. The Goldman Sachs Group lifted their price target on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research report on Friday, February 13th. Finally, Needham & Company LLC lifted their price target on shares of Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $103.73.

Insider Buying and Selling at Crocs

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. The trade was a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 3.00% of the company’s stock.

Crocs Stock Up 2.7%

Shares of CROX opened at $105.75 on Thursday. Crocs, Inc. has a one year low of $73.21 and a one year high of $122.84. The company has a market cap of $5.25 billion, a P/E ratio of -76.63, a P/E/G ratio of 1.01 and a beta of 1.54. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The firm has a 50 day simple moving average of $90.94 and a two-hundred day simple moving average of $87.47.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating the consensus estimate of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million during the quarter, compared to the consensus estimate of $900.57 million. During the same period in the previous year, the business earned $3.00 earnings per share. The company’s revenue was down 1.7% on a year-over-year basis. 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 forecast that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

About Crocs

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.