Contrarius Group Holdings Ltd Has $40.62 Million Stock Position in Crocs, Inc. $CROX

Contrarius Group Holdings Ltd boosted its stake in Crocs, Inc. (NASDAQ:CROX) by 324.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 475,011 shares of the textile maker’s stock after acquiring an additional 363,010 shares during the quarter. Crocs accounts for 2.0% of Contrarius Group Holdings Ltd’s portfolio, making the stock its 16th largest position. Contrarius Group Holdings Ltd owned approximately 0.91% of Crocs worth $40,623,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Torren Management LLC bought a new stake in Crocs in the 4th quarter valued at $39,000. Parallel Advisors LLC boosted its position in shares of Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of Crocs during the third quarter worth about $48,000. IMA Advisory Services Inc. boosted its position in shares of Crocs by 72.7% during the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after buying an additional 272 shares during the period. Finally, National Bank of Canada FI boosted its position in shares of Crocs by 597.3% during the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after buying an additional 663 shares during the period. 93.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on CROX. Seaport Research Partners raised Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price objective for the company in a research report on Tuesday, April 14th. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. Robert W. Baird set a $110.00 price target on shares of Crocs in a research note on Friday, February 13th. UBS Group raised their price target on shares of Crocs from $97.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Barclays lifted their price target on shares of Crocs from $109.00 to $110.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $108.00.

Crocs Stock Performance

CROX opened at $119.35 on Monday. Crocs, Inc. has a 52-week low of $73.21 and a 52-week high of $122.34. The firm has a market capitalization of $5.93 billion, a PE ratio of -86.48, a PEG ratio of 1.23 and a beta of 1.57. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67. The business’s 50-day simple moving average is $102.07 and its 200 day simple moving average is $91.86.

Crocs (NASDAQ:CROX) last released 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. The company had revenue of $921.46 million during the quarter, compared to the consensus estimate of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.00 EPS. 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, sell-side analysts expect that Crocs, Inc. will post 13.67 earnings per share for the current fiscal year.

Crocs Profile

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.