244,414 Shares in Crocs, Inc. $CROX Purchased by Nuveen LLC

Nuveen LLC purchased a new position in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 244,414 shares of the textile maker's stock, valued at approximately $25,957,000. Nuveen LLC owned approximately 0.44% of Crocs at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wells Fargo & Company MN grew its stake in Crocs by 35.6% in the 4th quarter. Wells Fargo & Company MN now owns 20,744 shares of the textile maker's stock valued at $2,272,000 after acquiring an additional 5,448 shares during the period. Townsquare Capital LLC purchased a new stake in Crocs in the 4th quarter worth $238,000. XTX Topco Ltd increased its holdings in Crocs by 23.0% in the 4th quarter. XTX Topco Ltd now owns 3,391 shares of the textile maker's stock worth $371,000 after acquiring an additional 633 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Crocs by 19.0% in the 4th quarter. NewEdge Advisors LLC now owns 11,717 shares of the textile maker's stock worth $1,283,000 after acquiring an additional 1,867 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Crocs by 9.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,046,600 shares of the textile maker's stock worth $114,632,000 after acquiring an additional 89,647 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Susan L. Healy bought 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 purchased at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the purchase, the director owned 15,417 shares in the company, valued at $1,182,329.73. This represents a 26.83% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.00% of the company's stock.

Crocs Trading Up 2.8%

NASDAQ:CROX traded up $2.33 during trading hours on Friday, hitting $86.14. The company had a trading volume of 659,620 shares, compared to its average volume of 1,790,461. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. The company has a 50-day moving average of $98.23 and a 200 day moving average of $100.93. The company has a market cap of $4.70 billion, a P/E ratio of 23.07, a P/E/G ratio of 1.93 and a beta of 1.41. 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, beating the consensus estimate of $4.01 by $0.22. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the business earned $4.01 EPS. The firm's quarterly revenue was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on CROX shares. Barclays reissued an "equal weight" rating and issued a $81.00 price target (down previously from $119.00) on shares of Crocs in a report on Friday, August 8th. The Goldman Sachs Group dropped their price target on Crocs from $88.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd. UBS Group dropped their price target on Crocs from $110.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. Stifel Nicolaus reiterated 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. Finally, KeyCorp dropped their price target on Crocs from $120.00 to $95.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Crocs presently has an average rating of "Moderate Buy" and a consensus price target of $104.42.

Crocs 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.