Public Employees Retirement System of Ohio Has $1.71 Million Position in Crocs, Inc. $CROX

Public Employees Retirement System of Ohio lowered its position in Crocs, Inc. (NASDAQ:CROX) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,876 shares of the textile maker’s stock after selling 704 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Crocs were worth $1,709,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Motley Fool Wealth Management LLC lifted its stake in Crocs by 82.6% in the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock valued at $10,830,000 after acquiring an additional 46,124 shares during the last quarter. Entropy Technologies LP acquired a new stake in Crocs in the first quarter valued at $905,000. Versor Investments LP acquired a new stake in Crocs in the first quarter valued at $1,275,000. Baird Financial Group Inc. lifted its stake in Crocs by 4.8% in the first quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock valued at $26,681,000 after acquiring an additional 11,397 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Crocs by 29.6% in the first quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker’s stock valued at $3,883,000 after purchasing an additional 8,353 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Buying and Selling

In related news, EVP Susan L. Healy purchased 2,000 shares of Crocs stock in a transaction dated Tuesday, August 12th. The shares were bought at an average cost of $76.56 per share, for a total transaction 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. This trade represents a 4.16% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Replogle purchased 3,261 shares of Crocs stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $76.69 per share, for a total transaction of $250,086.09. Following the completion of 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. Company insiders own 3.00% of the company’s stock.

Crocs Trading Down 1.5%

Shares of Crocs stock opened at $84.89 on Friday. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 1.98 and a beta of 1.43. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a 12-month low of $73.76 and a 12-month high of $144.23. The firm’s 50-day moving average price is $85.74 and its two-hundred day moving average price is $97.06.

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

Wall Street Analysts Forecast Growth

CROX has been the topic of several research analyst reports. Barclays reissued 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. The Goldman Sachs Group dropped their price objective on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Stifel Nicolaus reissued 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. Needham & Company LLC increased their price objective on shares of Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, Piper Sandler lowered shares of Crocs from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $95.00 to $75.00 in a research report on Monday, September 22nd. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Crocs has an average 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.