19,782 Shares in Crocs, Inc. $CROX Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 19,782 Crocs shares worth approximately $2.4 million in the second quarter. Institutional investors collectively own 93.44% of CROX.
• Analyst sentiment remains positive, with Crocs carrying a “Moderate Buy” consensus rating and an average price target of $139.10; several firms recently raised their targets.
• Crocs exceeded quarterly expectations, reporting $4.55 in adjusted EPS versus the $4.35 estimate and $1.18 billion in revenue. The company reaffirmed fiscal 2026 EPS guidance of $13.70–$14.00.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Crocs, Inc. (NASDAQ:CROX - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,782 shares of the textile maker's stock, valued at approximately $2,386,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Crocs by 159.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker's stock worth $79,000 after acquiring an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Crocs by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker's stock valued at $22,441,000 after acquiring an additional 8,331 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Crocs by 278.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker's stock valued at $87,000 after acquiring an additional 634 shares during the last quarter. First Trust Advisors LP lifted its stake in Crocs by 14.3% in the 2nd quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker's stock worth $11,365,000 after purchasing an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in Crocs in the 2nd quarter worth $6,290,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 19,072 shares of Crocs stock in a transaction on Monday, August 10th. The shares were sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the completion of the transaction, the chief executive officer directly owned 713,293 shares of the company's stock, valued at $99,083,530.63. The trade was a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CROX has been the subject of a number of research analyst reports. Seaport Research Partners raised their price objective on Crocs from $135.00 to $160.00 and gave the company a "buy" rating in a research report on Monday, July 20th. Stifel Nicolaus increased their price target on Crocs from $105.00 to $125.00 and gave the company a "hold" rating in a research note on Monday, June 15th. Barclays raised their price target on Crocs from $110.00 to $118.00 and gave the company an "equal weight" rating in a report on Friday, July 31st. Royal Bank Of Canada started coverage on Crocs in a research note on Monday, June 8th. They issued an "overweight" rating on the stock. Finally, UBS Group upped their price objective on Crocs from $107.00 to $120.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Crocs presently has an average rating of "Moderate Buy" and a consensus target price of $139.10.

Crocs Trading Down 2.0%

Shares of NASDAQ CROX opened at $108.83 on Friday. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $141.28. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96. The business's 50 day moving average is $127.81 and its two-hundred day moving average is $111.15. The stock has a market capitalization of $5.22 billion, a P/E ratio of 9.41, a PEG ratio of 0.93 and a beta of 1.52.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.20. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The company's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the company earned ($8.82) EPS. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. As a group, research analysts expect that Crocs, Inc. will post 13.95 EPS for the current year.

Crocs Company Profile

Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.

Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.

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