Fuller & Thaler Asset Management Inc. Acquires 53,916 Shares of Crocs, Inc. $CROX

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Crocs by 4.1%, now holding 1,362,318 shares, which is valued at approximately $144.7 million.
• Wall Street analysts have adjusted their price targets for Crocs, with Goldman Sachs lowering its target from $88.00 to $87.00 and maintaining a "sell" rating, while others have set varying targets between $85.00 and $140.00.
• Director John B. Replogle acquired 3,261 shares of Crocs stock, increasing his position by 26.83%, while EVP Susan L. Healy also bought 2,000 shares in recent transactions.

Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 4.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,362,318 shares of the textile maker's stock after buying an additional 53,916 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 2.43% of Crocs worth $144,678,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Motley Fool Wealth Management LLC raised its holdings in Crocs by 82.6% during the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker's stock worth $10,830,000 after buying an additional 46,124 shares during the last quarter. Entropy Technologies LP acquired a new position in Crocs during the first quarter worth $905,000. Victory Capital Management Inc. raised its holdings in Crocs by 29.6% during the first quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker's stock worth $3,883,000 after buying an additional 8,353 shares during the last quarter. Walter Public Investments Inc. raised its holdings in Crocs by 5.6% during the first quarter. Walter Public Investments Inc. now owns 70,475 shares of the textile maker's stock worth $7,484,000 after buying an additional 3,736 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in Crocs during the first quarter worth $474,000. Institutional investors and hedge funds own 93.44% of the company's stock.

Crocs Stock Up 3.3%

Shares of CROX stock traded up $2.75 on Friday, hitting $86.56. The stock had a trading volume of 2,112,978 shares, compared to its average volume of 1,800,155. The business has a 50 day moving average of $98.23 and a 200 day moving average of $100.93. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 23.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. Crocs, Inc. has a 12-month low of $73.76 and a 12-month high of $151.13.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.22. The company had revenue of $1.15 billion during 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 firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. As a group, analysts expect that Crocs, Inc. will post 13.2 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on CROX. Barclays restated an "equal weight" rating and set a $81.00 price objective (down previously from $119.00) on shares of Crocs in a report on Friday, August 8th. 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 report on Friday, August 8th. Stifel Nicolaus reiterated a "hold" rating and issued a $85.00 target price (down previously from $127.00) on shares of Crocs in a report 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 report on Friday, August 8th. Finally, 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 report on Friday, August 8th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $104.42.

Insider Activity

In related news, EVP Susan L. Healy purchased 2,000 shares of Crocs stock in a transaction that occurred on Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the transaction, the executive vice president owned 50,078 shares in the company, valued at $3,833,971.68. This represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John B. Replogle purchased 3,261 shares of Crocs stock in a transaction that occurred on Friday, August 8th. The shares were bought at an average price of $76.69 per share, with a total value of $250,086.09. Following the transaction, 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 position. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by corporate insiders.

Crocs Company Profile

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.