Crocs, Inc. $CROX Shares Purchased by Belpointe Asset Management LLC

Belpointe Asset Management LLC increased its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 90.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,873 shares of the textile maker’s stock after purchasing an additional 2,797 shares during the quarter. Belpointe Asset Management LLC’s holdings in Crocs were worth $624,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CROX. Costello Asset Management INC purchased a new stake in shares of Crocs in the 1st quarter valued at about $32,000. Larson Financial Group LLC raised its stake in Crocs by 541.8% during the 1st quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock valued at $37,000 after acquiring an additional 298 shares during the last quarter. IMA Advisory Services Inc. purchased a new stake in Crocs during the 1st quarter valued at approximately $40,000. Brooklyn Investment Group acquired a new position in Crocs during the 1st quarter worth approximately $40,000. Finally, Salem Investment Counselors Inc. acquired a new position in Crocs during the 1st quarter worth approximately $53,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on CROX. KeyCorp lowered their price target on Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Stifel Nicolaus reissued a “hold” rating and set a $85.00 price target (down previously from $127.00) on shares of Crocs in a research note on Friday, August 8th. Needham & Company LLC increased their target price on Crocs from $89.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. The Goldman Sachs Group lowered their price target on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Finally, Barclays restated an “equal weight” rating and set a $81.00 target price (down from $119.00) on shares of Crocs in a research note on Friday, August 8th. Eight investment 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $105.33.

Crocs Price Performance

Shares of NASDAQ:CROX opened at $77.43 on Friday. Crocs, Inc. has a 12 month low of $73.76 and a 12 month high of $151.13. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 20.76, a PEG ratio of 1.86 and a beta of 1.40. The stock’s 50 day moving average price is $93.04 and its 200 day moving average price is $99.13. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97.

Crocs (NASDAQ:CROX) last posted its quarterly 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. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The firm’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Crocs

In other Crocs news, EVP Susan L. Healy acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average cost of $76.56 per share, for a total transaction 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 approximately $3,833,971.68. This trade represents a 4.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John B. Replogle bought 3,261 shares of the business’s stock in a transaction on 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 transaction, the director owned 15,417 shares in the company, valued at approximately $1,182,329.73. The trade was a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by company insiders.

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.