Crocs, Inc. $CROX Holdings Decreased by WIT Partners Advisory Pte. Ltd.

Key Points

• WIT Partners Advisory cut its Crocs stake by 69.3% in the second quarter, selling 1,977,280 shares and retaining 875,000 shares worth approximately $105.6 million. Institutional investors still own 93.44% of CROX.
• Crocs reported quarterly earnings of $4.55 per share, beating estimates of $4.35, while revenue rose 2.6% year over year to $1.18 billion. The company guided to fiscal 2026 EPS of $13.70–$14.00.
• Analysts maintain a broadly positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $139.10, compared with the reported share price of $116.01.

WIT Partners Advisory Pte. Ltd. lowered its stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 69.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 875,000 shares of the textile maker's stock after selling 1,977,280 shares during the quarter. Crocs comprises approximately 49.6% of WIT Partners Advisory Pte. Ltd.'s investment portfolio, making the stock its largest holding. WIT Partners Advisory Pte. Ltd. owned about 1.83% of Crocs worth $105,560,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP acquired a new position in Crocs during the 2nd quarter valued at approximately $53,000. Vise Technologies Inc. acquired a new stake in shares of Crocs during the second quarter worth $266,000. Abacus FCF Advisors LLC acquired a new stake in shares of Crocs during the second quarter worth $4,027,000. Lisanti Capital Growth LLC acquired a new stake in shares of Crocs during the second quarter worth $6,375,000. Finally, NewEdge Wealth LLC purchased a new stake in shares of Crocs during the second quarter valued at $2,506,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Stock Up 0.2%

Shares of CROX opened at $116.01 on Friday. 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 stock's 50 day moving average is $128.88 and its two-hundred day moving average is $110.60. The firm has a market cap of $5.56 billion, a P/E ratio of 10.03, a PEG ratio of 0.97 and a beta of 1.52.

Crocs (NASDAQ:CROX - Get Free Report) last announced its 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 business's quarterly revenue was up 2.6% on a year-over-year basis. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Analysts predict that Crocs, Inc. will post 13.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on CROX shares. Stifel Nicolaus lifted their price target on Crocs from $105.00 to $125.00 and gave the stock a "hold" rating in a research report on Monday, June 15th. Piper Sandler reaffirmed an "overweight" rating on shares of Crocs in a research report on Friday, July 31st. Seaport Research Partners upped their price objective on Crocs from $135.00 to $160.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Weiss Ratings raised shares of Crocs from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, August 13th. Finally, Robert W. Baird set a $163.00 target price on shares of Crocs in a research note on Friday, July 31st. One investment 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 issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $139.10.

Insider Buying and Selling at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the firm's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $138.91, for a total value of $2,649,291.52. Following the transaction, the chief executive officer directly owned 713,293 shares of the company's stock, valued at approximately $99,083,530.63. This trade represents a 2.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is currently owned by company insiders.

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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