4,041 Shares in Crocs, Inc. $CROX Acquired by Legacy Advisory Services LLC

Key Points

• Legacy Advisory Services LLC has acquired a new stake in Crocs, Inc. worth approximately $429,000, purchasing 4,041 shares during the first quarter.
• Crocs reported earnings of $4.23 per share for the last quarter, exceeding analysts' expectations, with revenue of $1.15 billion.
• Insider buying activity has increased, with Director John B. Replogle purchasing 3,261 shares at an average price of $76.69 per share.

Legacy Advisory Services LLC purchased a new stake in Crocs, Inc. (NASDAQ:CROX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,041 shares of the textile maker's stock, valued at approximately $429,000.

A number of other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in shares of Crocs by 4.2% in the first quarter. PNC Financial Services Group Inc. now owns 3,136 shares of the textile maker's stock valued at $333,000 after purchasing an additional 126 shares during the last quarter. Parallel Advisors LLC increased its position in Crocs by 26.5% during the first quarter. Parallel Advisors LLC now owns 630 shares of the textile maker's stock worth $67,000 after acquiring an additional 132 shares during the period. Wedbush Securities Inc. increased its position in Crocs by 5.5% during the first quarter. Wedbush Securities Inc. now owns 2,591 shares of the textile maker's stock worth $275,000 after acquiring an additional 135 shares during the period. ProShare Advisors LLC increased its position in Crocs by 5.3% during the fourth quarter. ProShare Advisors LLC now owns 2,726 shares of the textile maker's stock worth $299,000 after acquiring an additional 137 shares during the period. Finally, Whipplewood Advisors LLC increased its position in Crocs by 20.9% during the first quarter. Whipplewood Advisors LLC now owns 1,064 shares of the textile maker's stock worth $113,000 after acquiring an additional 184 shares during the period. Institutional investors own 93.44% of the company's stock.

Crocs Price Performance

Shares of CROX stock traded down $3.52 on Friday, reaching $77.43. The company had a trading volume of 2,712,591 shares, compared to its average volume of 1,649,321. The stock has a market capitalization of $4.23 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.86 and a beta of 1.40. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a one year low of $73.76 and a one year high of $151.13. The business's 50-day moving average is $93.04 and its 200 day moving average is $99.13.

Crocs (NASDAQ:CROX - Get Free Report) last posted its earnings results on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, topping analysts' consensus estimates of $4.01 by $0.22. The firm had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business's revenue for the quarter was up 3.4% compared to the same quarter last year. 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. Equities research analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Transactions at Crocs

In related news, EVP Susan L. Healy bought 2,000 shares of the company's stock in a transaction dated Tuesday, August 12th. The stock was purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the acquisition, the executive vice president 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Replogle bought 3,261 shares of the company's stock in a transaction dated Friday, August 8th. The stock was bought at an average cost of $76.69 per share, with a total value of $250,086.09. Following the acquisition, the director directly owned 15,417 shares of the company's stock, valued at approximately $1,182,329.73. The trade was 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.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CROX shares. KeyCorp lowered their price target on shares of Crocs from $120.00 to $95.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Bank of America lowered their price target on shares of Crocs from $135.00 to $99.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Stifel Nicolaus reaffirmed a "hold" rating and set a $85.00 price target (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. Barclays reaffirmed an "equal weight" rating and set a $81.00 price target (down from $119.00) on shares of Crocs in a research report on Friday, August 8th. Finally, Monness Crespi & Hardt reduced their price objective on shares of Crocs from $140.00 to $92.00 and set a "buy" rating on the stock 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's stock. According to MarketBeat, Crocs presently has a consensus rating of "Moderate Buy" and an average price target of $105.33.

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.