Ameritas Advisory Services LLC Buys Shares of 476 Crocs, Inc. $CROX

Ameritas Advisory Services LLC bought a new stake in shares of Crocs, Inc. (NASDAQ:CROX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 476 shares of the textile maker’s stock, valued at approximately $48,000.

Other hedge funds have also made changes to their positions in the company. Motley Fool Wealth Management LLC raised its holdings in shares of Crocs by 82.6% during 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 purchased a new stake in shares of Crocs in the first quarter valued at approximately $905,000. Intech Investment Management LLC grew its position in shares of Crocs by 60.4% in the first quarter. Intech Investment Management LLC now owns 49,641 shares of the textile maker’s stock valued at $5,272,000 after purchasing an additional 18,697 shares in the last quarter. Versor Investments LP purchased a new stake in shares of Crocs in the first quarter valued at approximately $1,275,000. Finally, Baird Financial Group Inc. grew its position in shares of 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 purchasing an additional 11,397 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Activity

In other news, Director John B. Replogle acquired 3,261 shares of the company’s stock in a transaction on Friday, August 8th. The shares were bought at an average price 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 $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 acquired 2,000 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $76.56 per share, for a total transaction of $153,120.00. Following the acquisition, the executive vice president owned 50,078 shares of the company’s stock, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.72% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CROX shares. Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $95.00 to $75.00 in a research report on Monday, September 22nd. Stifel Nicolaus restated a “hold” rating and issued a $85.00 price target (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. The Goldman Sachs Group dropped their price target on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a research report on Tuesday, July 22nd. Citigroup lowered Crocs to a “negative” rating in a research report on Tuesday, October 7th. Finally, Barclays reiterated 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. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Crocs has a consensus rating of “Hold” and an average target price of $102.00.

Crocs Stock Up 6.2%

Crocs stock opened at $81.49 on Tuesday. Crocs, Inc. has a 1-year low of $73.76 and a 1-year high of $144.23. 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 cap of $4.45 billion, a PE ratio of 21.85, a P/E/G ratio of 1.77 and a beta of 1.43. The stock’s fifty day moving average is $83.14 and its two-hundred day moving average is $95.71.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share 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 analysts’ expectations of $1.15 billion. During the same period last year, the firm earned $4.01 earnings per share. Crocs’s quarterly revenue was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

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.