Crocs, Inc. $CROX Shares Sold by Samlyn Capital LLC

Key Points

• Samlyn Capital LLC has decreased its position in Crocs, Inc. by selling 70,688 shares, reducing its holdings by 6.0% to 1,115,022 shares.
• Various large investors have altered their stakes in Crocs, with notable increases from Larson Financial Group LLC, which boosted its holdings by 541.8%, acquiring an additional 298 shares.
• Analysts have mixed opinions on Crocs' stock, with upgrades and downgrades leading to a consensus target price of $105.33 and ratings ranging from "Buy" to "Sell".

Samlyn Capital LLC trimmed its holdings in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,115,022 shares of the textile maker's stock after selling 70,688 shares during the period. Crocs comprises about 1.8% of Samlyn Capital LLC's portfolio, making the stock its 18th largest position. Samlyn Capital LLC owned approximately 1.99% of Crocs worth $118,415,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CROX. New Vernon Capital Holdings II LLC boosted its holdings in shares of Crocs by 10,520.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker's stock valued at $76,389,000 after buying an additional 712,520 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker's stock valued at $79,000 after buying an additional 459 shares in the last quarter. Hancock Whitney Corp boosted its holdings in shares of Crocs by 4.6% in the 1st quarter. Hancock Whitney Corp now owns 14,082 shares of the textile maker's stock valued at $1,496,000 after buying an additional 617 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Crocs by 15.4% in the 1st quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker's stock valued at $118,491,000 after buying an additional 148,964 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Crocs in the 1st quarter valued at about $14,429,000. 93.44% of the stock is currently owned by institutional investors.

Crocs Stock Performance

CROX traded down $3.91 during trading on Tuesday, reaching $83.28. 2,002,267 shares of the company's stock were exchanged, compared to its average volume of 1,847,548. Crocs, Inc. has a 1 year low of $73.76 and a 1 year high of $151.13. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The stock has a market capitalization of $4.55 billion, a P/E ratio of 22.33, a price-to-earnings-growth ratio of 2.01 and a beta of 1.40. The company's fifty day simple moving average is $94.68 and its 200-day simple moving average is $99.65.

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 (EPS) for the quarter, topping analysts' consensus estimates of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm posted $4.01 EPS. Crocs's revenue for the quarter was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. UBS Group lowered their price target on shares of Crocs from $110.00 to $85.00 and set a "neutral" rating on the stock in a report on Monday, August 11th. Bank of America decreased their price objective on shares of Crocs from $135.00 to $99.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Stifel Nicolaus reaffirmed a "hold" rating and issued a $85.00 price objective (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. The Goldman Sachs Group decreased their price objective on shares of Crocs from $88.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd. Finally, Barclays reaffirmed an "equal weight" rating and issued a $81.00 price objective (down from $119.00) on shares of Crocs 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 given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $105.33.

Insider Activity at Crocs

In other news, EVP Susan L. Healy bought 2,000 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was purchased at an average cost of $76.56 per share, with a total value of $153,120.00. Following the acquisition, the executive vice president directly owned 50,078 shares in the company, valued at $3,833,971.68. This trade represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John B. Replogle bought 3,261 shares of the business's stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $76.69 per share, with a total value of $250,086.09. Following the completion of the acquisition, the director owned 15,417 shares in the company, valued at approximately $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.72% of the stock is owned by insiders.

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.