Crocs, Inc. $CROX Shares Sold by Swiss National Bank

Swiss National Bank trimmed its position in Crocs, Inc. (NASDAQ:CROX) by 4.6% during the first quarter, HoldingsChannel.com reports. The firm owned 102,700 shares of the textile maker’s stock after selling 5,000 shares during the quarter. Swiss National Bank’s holdings in Crocs were worth $8,526,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CROX. Root Financial Partners LLC increased its position in Crocs by 96.3% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after purchasing an additional 157 shares in the last quarter. Torren Management LLC acquired a new position in Crocs during the fourth quarter valued at approximately $39,000. Parallel Advisors LLC lifted its position in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares in the last quarter. National Bank of Canada FI grew its stake in 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. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Crocs in the fourth quarter worth $68,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the sale, the chief executive officer owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 3.10% of the stock is owned by insiders.

Crocs Price Performance

Shares of CROX stock opened at $134.54 on Tuesday. The firm has a fifty day moving average of $123.86 and a two-hundred day moving average of $102.24. The firm has a market cap of $6.69 billion, a P/E ratio of -97.49, a P/E/G ratio of 1.39 and a beta of 1.55. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $140.42. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. The business had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business 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, research analysts anticipate that Crocs, Inc. will post 13.66 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CROX has been the topic of a number of research reports. Royal Bank Of Canada initiated coverage on shares of Crocs in a research note on Monday, June 8th. They issued an “overweight” rating on the stock. Needham & Company LLC upped their price target on shares of Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday. Stifel Nicolaus increased their price target on Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a report on Monday, June 15th. UBS Group raised Crocs from a “neutral” rating to a “buy” rating in a research report on Monday, June 8th. Finally, Piper Sandler upgraded Crocs from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $95.00 to $150.00 in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Crocs has an average rating of “Moderate Buy” and an average target price of $128.00.

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.