66,900 Shares in Crocs, Inc. $CROX Purchased by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 66,900 Crocs shares worth approximately $8.1 million, representing 0.14% of the company. Institutional investors and hedge funds collectively own 93.44% of Crocs.
• Crocs beat quarterly expectations with $4.55 in EPS versus the $4.35 consensus and $1.18 billion in revenue, up 2.6% year over year. The company issued fiscal 2026 EPS guidance of $13.70–$14.00.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $139.10, while CEO Andrew Rees recently sold 19,072 shares for approximately $2.65 million.

Canada Pension Plan Investment Board acquired a new stake in Crocs, Inc. (NASDAQ:CROX - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 66,900 shares of the textile maker's stock, valued at approximately $8,071,000. Canada Pension Plan Investment Board owned 0.14% of Crocs at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CROX. Root Financial Partners LLC increased its position in shares of Crocs by 96.3% during the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker's stock valued at $27,000 after acquiring an additional 157 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker's stock worth $41,000 after acquiring an additional 186 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Crocs in the 2nd quarter worth approximately $42,000. Allworth Financial LP purchased a new position in shares of Crocs during the 2nd quarter worth approximately $53,000. Finally, Persistent Asset Partners Ltd purchased a new position in shares of Crocs during the 2nd quarter worth approximately $55,000. Institutional investors and hedge funds own 93.44% of the company's stock.

Crocs Trading Up 0.4%

Shares of CROX stock opened at $122.23 on Friday. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $141.28. The company has a 50 day moving average price of $129.22 and a 200 day moving average price of $109.67. The stock has a market capitalization of $5.86 billion, a P/E ratio of 10.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.53. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49.

Crocs (NASDAQ:CROX - Get Free Report) last released its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The firm's quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business 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. Equities research analysts predict that Crocs, Inc. will post 13.95 EPS for the current fiscal year.

Insider Activity

In other news, CEO Andrew Rees sold 19,072 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the sale, the chief executive officer directly owned 713,293 shares in the company, valued at approximately $99,083,530.63. This trade represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 62,688 shares of company stock valued at $8,014,859 in the last 90 days. 3.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on CROX. Royal Bank Of Canada initiated coverage on shares of Crocs in a report on Monday, June 8th. They issued an "overweight" rating for the company. UBS Group raised their price target on Crocs from $107.00 to $120.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft began coverage on Crocs in a research note on Monday, June 8th. They issued a "buy" rating for the company. Williams Trading set a $150.00 price objective on Crocs in a report on Tuesday, June 9th. Finally, Weiss Ratings raised Crocs from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, August 13th. One 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $139.10.

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.

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