Mitsubishi UFJ Trust & Banking Corp Buys 14,393 Shares of Crocs, Inc. $CROX

Key Points

• Mitsubishi UFJ Trust & Banking Corp increased its Crocs stake by 92.3%, adding 14,393 shares to hold 29,982 shares (about 0.06% of the company) worth roughly $2.56 million.
• EVP Anne Mehlman sold 12,145 shares at an average price of $100.06 for about $1.22 million, cutting her position by 8.48%.
• Crocs beat Q1 estimates with $2.99 EPS vs. $2.78 consensus and $921.5M revenue vs. $900.6M, issued Q2 and FY2026 EPS guidance, and has a MarketBeat consensus rating of "Hold" with an average price target of $103.73.

Mitsubishi UFJ Trust & Banking Corp increased its holdings in Crocs, Inc. (NASDAQ:CROX - Free Report) by 92.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,982 shares of the textile maker's stock after buying an additional 14,393 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Crocs worth $2,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker's stock worth $41,000 after buying an additional 186 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Crocs in the third quarter worth about $48,000. IMA Advisory Services Inc. increased its holdings in shares of Crocs by 72.7% in the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker's stock worth $54,000 after buying an additional 272 shares during the period. National Bank of Canada FI increased its holdings in shares of Crocs by 597.3% in the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker's stock worth $65,000 after buying an additional 663 shares during the period. Finally, Ameriflex Group Inc. grew its stake in shares of Crocs by 292.0% in the third quarter. Ameriflex Group Inc. now owns 784 shares of the textile maker's stock worth $66,000 after purchasing an additional 584 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insiders Place Their Bets

In related news, EVP Anne Mehlman sold 12,145 shares of the company's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the transaction, the executive vice president owned 131,112 shares of the company's stock, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.72% of the company's stock.

Wall Street Analyst Weigh In

CROX has been the topic of several recent analyst reports. KeyCorp reissued a "sector weight" rating on shares of Crocs in a research note on Thursday, January 22nd. Stifel Nicolaus boosted their price target on Crocs from $90.00 to $99.00 and gave the stock a "hold" rating in a research report on Friday, February 13th. Needham & Company LLC boosted their price target on Crocs from $118.00 to $132.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. The Goldman Sachs Group boosted their price objective on shares of Crocs from $71.00 to $81.00 and gave the stock a "sell" rating in a report on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Crocs from a "hold" rating to a "buy" rating in a report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, Crocs has a consensus rating of "Hold" and an average price target of $103.73.

Crocs Trading Down 2.3%

Shares of CROX stock opened at $101.48 on Tuesday. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The firm has a fifty day moving average price of $90.70 and a 200-day moving average price of $87.17. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The company has a market cap of $5.08 billion, a price-to-earnings ratio of -73.54, a PEG ratio of 1.19 and a beta of 1.54.

Crocs (NASDAQ:CROX - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.78 by $0.21. The firm had revenue of $921.46 million during the quarter, compared to the consensus estimate of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.00 EPS. 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 analysts predict that Crocs, Inc. will post 13.62 earnings per share for the current year.

Crocs 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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