Insider Buying: Crocs (NASDAQ:CROX) Director Buys 3,000 Shares of Stock

Crocs, Inc. (NASDAQ:CROX) Director John Replogle bought 3,000 shares of the firm’s 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 purchase, the director owned 18,417 shares in the company, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Crocs Stock Performance

CROX stock traded down $0.55 during trading on Wednesday, reaching $74.45. The stock had a trading volume of 1,689,822 shares, compared to its average volume of 1,849,305. The stock’s 50 day moving average is $81.68 and its two-hundred day moving average is $93.63. The firm has a market cap of $3.87 billion, a PE ratio of 19.96, a PEG ratio of 1.97 and a beta of 1.51. Crocs, Inc. has a 52 week low of $73.52 and a 52 week high of $122.84. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.56. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $996.30 million for the quarter, compared to the consensus estimate of $960.14 million. During the same quarter last year, the firm posted $3.60 earnings per share. The firm’s revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, equities analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current year.

Hedge Funds Weigh In On Crocs

Large investors have recently bought and sold shares of the business. Boston Partners raised its holdings in Crocs by 2,659.1% in the second quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after purchasing an additional 1,627,190 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Crocs by 4.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after purchasing an additional 67,216 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Crocs by 4.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock valued at $144,678,000 after purchasing an additional 53,916 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Crocs by 5.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after purchasing an additional 64,672 shares in the last quarter. Finally, LSV Asset Management grew its stake in Crocs by 3.2% during the 3rd quarter. LSV Asset Management now owns 1,107,500 shares of the textile maker’s stock worth $92,532,000 after buying an additional 34,380 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CROX shares. The Goldman Sachs Group cut their price target on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd. Barclays lifted their price target on shares of Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Weiss Ratings upgraded Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, November 7th. 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, Piper Sandler downgraded shares of Crocs from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $75.00 in a research note on Monday, September 22nd. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $103.42.

About Crocs

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.