Crocs, Inc. $CROX Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in Crocs, Inc. (NASDAQ:CROX) by 5.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 415,194 shares of the textile maker’s stock after selling 23,115 shares during the period. Bank of New York Mellon Corp’s holdings in Crocs were worth $42,051,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Costello Asset Management INC purchased a new position in shares of Crocs in the 1st quarter valued at approximately $32,000. Larson Financial Group LLC lifted its holdings in shares of Crocs by 541.8% during the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock worth $37,000 after purchasing an additional 298 shares during the period. IMA Advisory Services Inc. purchased a new position in Crocs in the 1st quarter valued at $40,000. Brooklyn Investment Group acquired a new position in Crocs in the 1st quarter valued at $40,000. Finally, Ameritas Advisory Services LLC purchased a new position in Crocs during the 2nd quarter worth $48,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Stock Down 0.7%

CROX opened at $74.45 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 1.97 and a beta of 1.51. Crocs, Inc. has a one year low of $73.52 and a one year high of $122.84. The business’s fifty day moving average is $81.43 and its two-hundred day moving average is $93.50.

Crocs (NASDAQ:CROX) last released its quarterly earnings results 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 business had revenue of $996.30 million during the quarter, compared to the consensus estimate of $960.14 million. During the same quarter in the previous year, the company posted $3.60 EPS. The business’s revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Transactions at Crocs

In other Crocs news, Director John B. Replogle purchased 3,000 shares of Crocs stock in a transaction on Tuesday, November 11th. The shares were bought at an average price of $74.50 per share, with a total value of $223,500.00. Following the completion of the acquisition, the director directly owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. This trade represents a 19.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Bank of America lowered 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. Piper Sandler downgraded Crocs from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $95.00 to $75.00 in a research note on Monday, September 22nd. Stifel Nicolaus lifted their price target on Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, October 31st. Monness Crespi & Hardt upped their price objective on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Needham & Company LLC raised their target price on Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. 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. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $103.42.

Crocs Company 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.