27,591 Shares in Crocs, Inc. $CROX Bought by Delta Global Management LP

Delta Global Management LP acquired a new position in shares of Crocs, Inc. (NASDAQ:CROX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 27,591 shares of the textile maker’s stock, valued at approximately $2,360,000. Delta Global Management LP owned 0.05% of Crocs at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CROX. AQR Capital Management LLC boosted its holdings in 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 purchasing an additional 1,012,943 shares during the period. Norges Bank bought a new stake in Crocs in the 4th quarter valued at $67,545,000. Smead Capital Management Inc. bought a new stake in Crocs in the 3rd quarter valued at $52,978,000. American Century Companies Inc. boosted its holdings in 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 purchasing an additional 423,817 shares during the period. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in Crocs by 78.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock valued at $77,651,000 after purchasing an additional 399,964 shares during the period. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Seaport Research Partners raised shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target for the company in a report on Tuesday, April 14th. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Wells Fargo & Company assumed coverage on shares of Crocs in a report on Monday, June 8th. They issued a “buy” rating for the company. The Goldman Sachs Group downgraded shares of Crocs from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. Finally, Stifel Nicolaus increased their price objective on shares of Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $120.00.

Crocs Stock Up 1.3%

Shares of NASDAQ:CROX opened at $126.27 on Tuesday. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $129.45. The company’s 50-day moving average price is $107.22 and its two-hundred day moving average price is $93.74. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The firm has a market cap of $6.27 billion, a P/E ratio of -91.50, a P/E/G ratio of 1.29 and a beta of 1.57.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. During the same quarter in the prior year, the firm earned $3.00 EPS. 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. As a group, research analysts forecast that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Insider Activity

In other news, CEO Andrew Rees sold 32,688 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. This trade represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.10% of the company’s stock.

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.