Amundi Buys 7,885 Shares of Crocs, Inc. $CROX

Amundi boosted its position in Crocs, Inc. (NASDAQ:CROX - Free Report) by 191.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,011 shares of the textile maker's stock after purchasing an additional 7,885 shares during the period. Amundi's holdings in Crocs were worth $997,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Root Financial Partners LLC raised its position in Crocs by 96.3% in the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker's stock worth $27,000 after acquiring an additional 157 shares during the period. Torren Management LLC purchased a new position in shares of Crocs during the 4th quarter worth $39,000. Parallel Advisors LLC grew its position in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker's stock valued at $41,000 after acquiring an additional 186 shares during the period. National Bank of Canada FI grew its position in shares of Crocs by 597.3% during the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker's stock valued at $65,000 after acquiring an additional 663 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Crocs in the 4th quarter worth $68,000. Institutional investors own 93.44% of the company's stock.

Crocs Stock Up 1.8%

Shares of CROX opened at $136.62 on Friday. The business's 50 day moving average is $127.90 and its 200 day moving average is $105.20. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $141.28. The company has a market capitalization of $6.55 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 1.13 and a beta of 1.53.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.20. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted ($8.82) EPS. The firm's revenue for the quarter was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Research analysts expect that Crocs, Inc. will post 13.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Needham & Company LLC lifted their target price on Crocs from $132.00 to $150.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Piper Sandler restated an "overweight" rating on shares of Crocs in a research report on Friday, July 31st. UBS Group raised their price objective on Crocs from $107.00 to $120.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Scotiabank assumed coverage on Crocs in a research report on Monday, June 8th. They set an "outperform" rating on the stock. Finally, Wall Street Zen upgraded Crocs from a "hold" rating to a "buy" rating in a research note on Saturday, April 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $139.10.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the company's stock in a transaction on Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the transaction, the chief executive officer owned 743,293 shares in the company, valued at approximately $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.10% of the company's stock.

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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