Livforsakringsbolaget Skandia Omsesidigt Buys 9,450 Shares of Crocs, Inc. $CROX

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in Crocs, Inc. by 49.5% during the second quarter, now holding approximately 28,550 shares valued at $2.89 million.
• Several investment firms, including PNC Financial Services and Parallel Advisors, have recently adjusted their positions in Crocs, reflecting growing interest among institutional investors, who now own 93.44% of the company's stock.
• Recent analyst reports have set varying price targets for Crocs, with UBS Group reducing its target from $110 to $85, while the average consensus price target remains at $105.33.

Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 49.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,550 shares of the textile maker's stock after purchasing an additional 9,450 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.05% of Crocs worth $2,892,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. lifted its position 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 acquiring an additional 53,916 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Crocs by 10.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,154,676 shares of the textile maker's stock valued at $122,608,000 after buying an additional 108,076 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Crocs by 15.4% during the first quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker's stock valued at $118,491,000 after buying an additional 148,964 shares in the last quarter. LSV Asset Management grew its position in shares of Crocs by 180.9% in the first quarter. LSV Asset Management now owns 880,260 shares of the textile maker's stock valued at $93,484,000 after purchasing an additional 566,847 shares during the last quarter. Finally, New Vernon Capital Holdings II LLC grew its position in shares of Crocs by 10,520.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker's stock valued at $76,389,000 after purchasing an additional 712,520 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Susan L. Healy bought 2,000 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the purchase, the executive vice president directly owned 50,078 shares in the company, valued at $3,833,971.68. The trade was a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John B. Replogle bought 3,261 shares of the company's stock in a transaction on Friday, August 8th. The stock was bought at an average price of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the purchase, the director owned 15,417 shares of the company's stock, valued at approximately $1,182,329.73. The trade was a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.00% of the company's stock.

Crocs Stock Performance

CROX traded down $0.04 on Friday, reaching $80.32. The company had a trading volume of 2,571,033 shares, compared to its average volume of 1,810,091. The company's fifty day moving average is $90.45 and its 200 day moving average is $98.39. The stock has a market cap of $4.39 billion, a P/E ratio of 21.53, a P/E/G ratio of 1.85 and a beta of 1.40. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. Crocs, Inc. has a fifty-two week low of $73.76 and a fifty-two week high of $151.13.

Crocs (NASDAQ:CROX - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, topping analysts' consensus estimates of $4.01 by $0.22. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. Crocs's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. As a group, analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CROX shares. Stifel Nicolaus reissued a "hold" rating and set a $85.00 target price (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. Monness Crespi & Hardt cut their price target on shares of Crocs from $140.00 to $92.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Bank of America cut their price target on shares of Crocs from $135.00 to $99.00 and set a "buy" rating for the company in a research note on Friday, August 8th. UBS Group cut their price target on shares of Crocs from $110.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, August 11th. Finally, KeyCorp cut their price target on shares of Crocs from $120.00 to $95.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $105.33.

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.