Farther Finance Advisors LLC Cuts Stock Holdings in Crocs, Inc. $CROX

Farther Finance Advisors LLC lowered its holdings in Crocs, Inc. (NASDAQ:CROX) by 49.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,885 shares of the textile maker’s stock after selling 1,834 shares during the period. Farther Finance Advisors LLC’s holdings in Crocs were worth $191,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Fuller & Thaler Asset Management Inc. boosted its position in Crocs by 4.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock worth $144,678,000 after purchasing an additional 53,916 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Crocs by 10.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,154,676 shares of the textile maker’s stock worth $122,608,000 after purchasing an additional 108,076 shares during the last quarter. Alliancebernstein L.P. boosted its position in Crocs by 15.4% in the first quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker’s stock worth $118,491,000 after purchasing an additional 148,964 shares during the last quarter. LSV Asset Management boosted its position in Crocs by 180.9% in the first quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock worth $93,484,000 after purchasing an additional 566,847 shares during the last quarter. Finally, New Vernon Capital Holdings II LLC boosted its position in Crocs by 10,520.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock worth $76,389,000 after purchasing an additional 712,520 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, Director John B. Replogle acquired 3,261 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The shares were bought 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 trade represents a 26.83% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Susan L. Healy bought 2,000 shares of Crocs stock in a transaction that occurred on Tuesday, August 12th. The shares were acquired at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the transaction, the executive vice president owned 50,078 shares of the company’s stock, valued at $3,833,971.68. This represents a 4.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.00% of the company’s stock.

Crocs Stock Performance

NASDAQ:CROX opened at $85.00 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. Crocs, Inc. has a 52-week low of $73.76 and a 52-week high of $144.23. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 1.92 and a beta of 1.43. The business’s fifty day moving average is $86.61 and its 200 day moving average is $97.31.

Crocs (NASDAQ:CROX) last released its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company posted $4.01 EPS. The firm’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. Research analysts predict that Crocs, Inc. will post 13.2 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $95.00 to $75.00 in a research note on Monday, September 22nd. The Goldman Sachs Group lowered their target price on Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research note on Tuesday, July 22nd. Bank of America lowered their target price on Crocs from $135.00 to $99.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Stifel Nicolaus restated a “hold” rating and issued a $85.00 target price (down from $127.00) on shares of Crocs in a research note on Friday, August 8th. Finally, Needham & Company LLC boosted their target price on Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $102.00.

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.