Crocs, Inc. $CROX Shares Bought by Kirr Marbach & Co. LLC IN

Key Points

• Kirr Marbach & Co. LLC IN increased its stake in Crocs, Inc. by 91.5%, holding 56,305 shares valued at approximately $5.7 million.
• Crocs reported earnings of $4.23 per share for the last quarter, exceeding analyst expectations of $4.01 and showing a 3.4% year-over-year revenue growth.
• Analysts have recently lowered price targets for Crocs stock, with Monness Crespi & Hardt reducing their target from $140.00 to $92.00, while several others have issued ratings ranging from "buy" to "hold".

Kirr Marbach & Co. LLC IN boosted its stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 91.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 56,305 shares of the textile maker's stock after acquiring an additional 26,901 shares during the period. Crocs comprises about 1.1% of Kirr Marbach & Co. LLC IN's holdings, making the stock its 29th biggest holding. Kirr Marbach & Co. LLC IN owned 0.10% of Crocs worth $5,703,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Costello Asset Management INC acquired a new position in Crocs during the first quarter worth $32,000. Larson Financial Group LLC raised its position in Crocs by 541.8% during the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker's stock worth $37,000 after acquiring an additional 298 shares during the period. IMA Advisory Services Inc. acquired a new position in Crocs during the first quarter worth $40,000. Brooklyn Investment Group acquired a new stake in shares of Crocs in the first quarter valued at about $40,000. Finally, Salem Investment Counselors Inc. acquired a new stake in shares of Crocs in the first quarter valued at about $53,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Crocs Trading Up 6.6%

Shares of CROX opened at $81.73 on Friday. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a 12-month low of $73.76 and a 12-month high of $148.25. The firm has a 50-day moving average price of $87.94 and a 200 day moving average price of $97.65. The firm has a market capitalization of $4.46 billion, a P/E ratio of 21.91, a P/E/G ratio of 1.76 and a beta of 1.40.

Crocs (NASDAQ:CROX - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the firm posted $4.01 earnings per share. Crocs's quarterly revenue was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current year.

Analysts Set New Price Targets

CROX has been the subject of a number of recent research reports. Monness Crespi & Hardt reduced their target price on shares of Crocs from $140.00 to $92.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Stifel Nicolaus reiterated a "hold" rating and issued a $85.00 target price (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. Piper Sandler cut shares of Crocs from an "overweight" rating to a "neutral" rating and reduced their target price for the company from $95.00 to $75.00 in a research report on Monday. UBS Group reduced their target price on shares of Crocs from $110.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. Finally, Bank of America reduced their target price on shares of Crocs from $135.00 to $99.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $102.00.

Insider Transactions at Crocs

In related news, EVP Susan L. Healy bought 2,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, with a total value 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. This represents a 4.16% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John B. Replogle bought 3,261 shares of the stock in a transaction on Friday, August 8th. The shares were bought at an average cost of $76.69 per share, with a total value of $250,086.09. Following the purchase, the director owned 15,417 shares of the company's stock, valued at $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.00% of the company's stock.

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.

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