Signaturefd LLC Lowers Stock Holdings in Crocs, Inc. $CROX

Signaturefd LLC reduced its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 38.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 420 shares of the textile maker’s stock after selling 266 shares during the quarter. Signaturefd LLC’s holdings in Crocs were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. TD Private Client Wealth LLC grew its stake in shares of Crocs by 4.7% during the second quarter. TD Private Client Wealth LLC now owns 2,493 shares of the textile maker’s stock valued at $252,000 after buying an additional 113 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Crocs by 4.2% during the first quarter. PNC Financial Services Group Inc. now owns 3,136 shares of the textile maker’s stock valued at $333,000 after buying an additional 126 shares during the last quarter. Wedbush Securities Inc. grew its stake in shares of Crocs by 5.5% during the first quarter. Wedbush Securities Inc. now owns 2,591 shares of the textile maker’s stock valued at $275,000 after buying an additional 135 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Crocs by 43.6% during the first quarter. UMB Bank n.a. now owns 642 shares of the textile maker’s stock valued at $68,000 after buying an additional 195 shares during the last quarter. Finally, Klingman & Associates LLC grew its stake in shares of Crocs by 0.7% during the first quarter. Klingman & Associates LLC now owns 30,334 shares of the textile maker’s stock valued at $3,221,000 after buying an additional 219 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insider Activity

In related news, Director John B. Replogle acquired 3,261 shares of the stock in a transaction on Friday, August 8th. The stock was acquired at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the acquisition, the director directly owned 15,417 shares of the company’s stock, valued at approximately $1,182,329.73. This represents a 26.83% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Healy acquired 2,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the acquisition, the executive vice president directly owned 50,078 shares of the company’s stock, valued at $3,833,971.68. This trade represents a 4.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 2.72% of the company’s stock.

Wall Street Analyst Weigh In

CROX has been the topic of a number of recent research reports. Stifel Nicolaus reaffirmed a “hold” rating and set a $85.00 price objective (down from $127.00) on shares of Crocs in a research note on Friday, August 8th. KeyCorp reduced their price objective on Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. UBS Group cut their target price on Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Bank of America cut 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. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Crocs in a research note on Saturday, September 27th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $102.00.

Crocs Stock Performance

Shares of CROX opened at $80.64 on Tuesday. 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, Inc. has a one year low of $73.76 and a one year high of $144.23. The company has a 50-day simple moving average of $85.24 and a two-hundred day simple moving average of $96.77. The firm has a market capitalization of $4.40 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 1.95 and a beta of 1.43.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, topping the consensus estimate of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the business posted $4.01 earnings per share. Crocs’s quarterly revenue was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

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.