73,297 Shares in Crocs, Inc. $CROX Bought by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management has acquired a new position in Crocs, purchasing 73,297 shares valued at approximately $7.78 million, which makes it the 15th largest position in their investment portfolio.
• Numerous institutional investors have increased their stakes in Crocs, with LSV Asset Management raising its holdings by 180.9% during the first quarter.
• Crocs reported earnings per share of $4.23 for the last quarter, exceeding expectations, and has set a guidance of 13.2 EPS for the current fiscal year.

Landscape Capital Management L.L.C. acquired a new position in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 73,297 shares of the textile maker's stock, valued at approximately $7,784,000. Crocs comprises about 0.7% of Landscape Capital Management L.L.C.'s portfolio, making the stock its 15th largest holding. Landscape Capital Management L.L.C. owned approximately 0.13% of Crocs as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CROX. Costello Asset Management INC purchased a new position in shares of Crocs in the first quarter valued at about $32,000. Larson Financial Group LLC increased its holdings in Crocs by 541.8% during the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker's stock valued at $37,000 after buying an additional 298 shares during the last quarter. IMA Advisory Services Inc. purchased a new stake in shares of Crocs in the first quarter worth $40,000. Brooklyn Investment Group bought a new position in Crocs during the first quarter valued at $40,000. Finally, Salem Investment Counselors Inc. bought a new position in Crocs during the first quarter valued at $53,000. Hedge funds and other institutional investors own 93.44% of the company's stock.

Crocs Price Performance

Crocs stock traded up $0.91 during midday trading on Monday, reaching $87.20. 2,076,780 shares of the company were exchanged, compared to its average volume of 2,984,674. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 23.38, a P/E/G ratio of 2.01 and a beta of 1.40. The firm's 50-day simple moving average is $96.61 and its 200-day simple moving average is $100.64. Crocs, Inc. has a 1 year low of $73.76 and a 1 year high of $151.13.

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

Insider Buying and Selling at Crocs

In related news, EVP Susan L. Healy acquired 2,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were acquired at an average price of $76.56 per share, with a total value of $153,120.00. Following the acquisition, the executive vice president owned 50,078 shares in the company, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John B. Replogle bought 3,261 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were acquired at an average price of $76.69 per share, with a total value of $250,086.09. Following the purchase, the director owned 15,417 shares in the company, 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.

Analyst Ratings Changes

Several research firms recently commented on CROX. Stifel Nicolaus reaffirmed a "hold" rating and issued a $85.00 price target (down previously from $127.00) on shares of Crocs in a research note on Friday, August 8th. UBS Group decreased their price objective 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. 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 report on Friday, August 8th. Monness Crespi & Hardt dropped 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. Finally, The Goldman Sachs Group decreased their target price on shares of Crocs from $88.00 to $87.00 and set a "sell" rating on the stock in a research report on Tuesday, July 22nd. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.33.

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.