Danske Bank A S Sells 9,975 Shares of Crocs, Inc. $CROX

Key Points

• Danske Bank A S cut its Crocs position by 96.1% in the fourth quarter, selling 9,975 shares and leaving just 400 shares valued at about $34,000.
• Crocs reported better-than-expected quarterly results, with EPS of $2.99 versus estimates of $2.78 and revenue of $921.46 million, while issuing Q2 2026 and full-year 2026 guidance.
• Analyst sentiment remains mixed: the stock’s consensus rating is “Hold” with an average price target of $103.73, even as some firms raised targets and one upgraded the shares to strong-buy.

Danske Bank A S lowered its position in Crocs, Inc. (NASDAQ:CROX - Free Report) by 96.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 400 shares of the textile maker's stock after selling 9,975 shares during the quarter. Danske Bank A S's holdings in Crocs were worth $34,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Crocs by 159.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker's stock worth $79,000 after purchasing an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Crocs by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker's stock valued at $22,441,000 after buying an additional 8,331 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Crocs by 278.1% in the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker's stock worth $87,000 after buying an additional 634 shares during the period. First Trust Advisors LP raised its holdings in shares of Crocs by 14.3% in the second quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker's stock worth $11,365,000 after buying an additional 14,067 shares during the period. Finally, Marshall Wace LLP bought a new stake in shares of Crocs during the 2nd quarter worth approximately $6,290,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Stock Performance

CROX stock opened at $103.63 on Friday. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84. The business has a 50-day moving average price of $91.09 and a 200 day moving average price of $87.62. The company has a market capitalization of $5.15 billion, a P/E ratio of -75.09, a PEG ratio of 1.02 and a beta of 1.54. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04.

Crocs (NASDAQ:CROX - Get Free Report) last issued its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company had revenue of $921.46 million for the quarter, compared to analysts' expectations of $900.57 million. During the same period in the prior year, the business earned $3.00 EPS. The firm's quarterly revenue was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, equities research analysts forecast that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Analysts Set New Price Targets

CROX has been the topic of several research analyst reports. Piper Sandler reaffirmed a "neutral" rating and issued a $95.00 price objective on shares of Crocs in a research report on Thursday, February 12th. Barclays lifted their target price on Crocs from $109.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Friday, May 1st. Stifel Nicolaus upped their price target on shares of Crocs from $90.00 to $99.00 and gave the stock a "hold" rating in a report on Friday, February 13th. Williams Trading raised shares of Crocs from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 8th. Finally, Robert W. Baird set a $110.00 price objective on shares of Crocs in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Crocs currently has an average rating of "Hold" and a consensus price target of $103.73.

Insider Activity

In related news, EVP Anne Mehlman sold 12,145 shares of Crocs stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares of the company's stock, valued at $13,119,066.72. This trade represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.00% of the company's stock.

Crocs Company 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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