Eisler Capital Management Ltd. acquired a new stake in Crocs, Inc. (NASDAQ:CROX - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 47,403 shares of the textile maker's stock, valued at approximately $5,033,000. Eisler Capital Management Ltd. owned about 0.08% of Crocs as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently bought and sold shares of CROX. LSV Asset Management boosted its stake in 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 acquiring an additional 566,847 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in Crocs by 215.0% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 372,450 shares of the textile maker's stock valued at $40,794,000 after acquiring an additional 254,212 shares during the last quarter. Nuveen LLC bought a new position in Crocs in the first quarter valued at approximately $25,957,000. T. Rowe Price Investment Management Inc. boosted its stake in Crocs by 43.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 702,399 shares of the textile maker's stock valued at $74,595,000 after acquiring an additional 211,855 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Crocs by 670.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 214,948 shares of the textile maker's stock valued at $23,459,000 after acquiring an additional 187,051 shares during the last quarter. 93.44% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Monness Crespi & Hardt lowered their target price 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. KeyCorp lowered their target price 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. Needham & Company LLC lowered their target price on shares of Crocs from $129.00 to $89.00 and set a "buy" rating for the company in a research note on Thursday, August 7th. Bank of America lowered their target price 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. Finally, Barclays reaffirmed an "equal weight" rating and issued a $81.00 target price (down previously from $119.00) on shares of Crocs in a research note on Friday, August 8th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Crocs currently has an average rating of "Moderate Buy" and an average price target of $104.42.
Get Our Latest Stock Report on Crocs
Insider Activity at Crocs
In other Crocs news, EVP Susan L. Healy purchased 2,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was bought at an average cost of $76.56 per share, with a total value of $153,120.00. Following the purchase, the executive vice president directly owned 50,078 shares of the company's stock, 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 filing with the SEC, which can be accessed through this link. Also, Director John B. Replogle purchased 3,261 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were acquired at an average cost of $76.69 per share, with a total value of $250,086.09. Following the completion of the purchase, the director directly owned 15,417 shares in the company, valued at approximately $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.72% of the stock is owned by company insiders.
Crocs Stock Performance
Shares of CROX opened at $85.47 on Wednesday. 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 twelve month low of $73.76 and a twelve month high of $151.13. The firm's 50 day moving average price is $97.38 and its two-hundred day moving average price is $100.76. The firm has a market cap of $4.67 billion, a P/E ratio of 22.91, a PEG ratio of 1.98 and a beta of 1.41.
Crocs (NASDAQ:CROX - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, beating analysts' consensus estimates of $4.01 by $0.22. The firm 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%. The business's revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. On average, analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.
Crocs Company Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding CROX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crocs, Inc. (NASDAQ:CROX - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Crocs, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crocs wasn't on the list.
While Crocs currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
MarketBeat All Access