KLP Kapitalforvaltning AS Acquires 400 Shares of Crocs, Inc. $CROX

KLP Kapitalforvaltning AS raised its holdings in Crocs, Inc. (NASDAQ:CROX) by 2.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,600 shares of the textile maker’s stock after buying an additional 400 shares during the period. KLP Kapitalforvaltning AS’s holdings in Crocs were worth $1,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Costello Asset Management INC bought a new position in shares of Crocs in the first quarter valued at $32,000. Larson Financial Group LLC raised its holdings in shares of Crocs by 541.8% in the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock valued at $37,000 after purchasing an additional 298 shares during the last quarter. IMA Advisory Services Inc. purchased a new stake in shares of Crocs in the first quarter valued at about $40,000. Brooklyn Investment Group purchased a new stake in shares of Crocs in the first quarter valued at about $40,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Crocs in the second quarter valued at about $48,000. 93.44% of the stock is owned by institutional investors.

Crocs Stock Performance

NASDAQ CROX opened at $81.49 on Tuesday. Crocs, Inc. has a 52-week low of $73.76 and a 52-week high of $144.23. The company has a 50-day simple moving average of $83.14 and a 200 day simple moving average of $95.71. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. The company has a market capitalization of $4.45 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 1.77 and a beta of 1.43.

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

Analyst Ratings Changes

Several analysts have recently commented on the stock. The Goldman Sachs Group lowered their target price on shares of Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Stifel Nicolaus reiterated a “hold” rating and issued a $85.00 target price (down previously from $127.00) on shares of Crocs in a report on Friday, August 8th. Bank of America lowered their target price on shares of Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a report on Friday, August 8th. UBS Group lowered their target price on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Finally, KeyCorp lowered their target price on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $102.00.

Insider Transactions at Crocs

In other Crocs news, EVP Susan L. Healy bought 2,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the transaction, 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 acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John B. Replogle bought 3,261 shares of the business’s stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $76.69 per share, with a total value of $250,086.09. Following the transaction, the director directly owned 15,417 shares of the company’s stock, valued at approximately $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.72% of the stock is 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.