Envestnet Asset Management Inc. Acquires 15,024 Shares of Crocs, Inc. $CROX

Envestnet Asset Management Inc. grew its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,695 shares of the textile maker’s stock after acquiring an additional 15,024 shares during the period. Envestnet Asset Management Inc. owned about 0.41% of Crocs worth $23,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. grew its position in shares of Crocs by 4.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock valued at $144,678,000 after acquiring an additional 53,916 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Crocs by 10.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,154,676 shares of the textile maker’s stock valued at $122,608,000 after buying an additional 108,076 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Crocs by 15.4% during the 1st quarter. Alliancebernstein L.P. now owns 1,115,733 shares of the textile maker’s stock valued at $118,491,000 after buying an additional 148,964 shares in the last quarter. LSV Asset Management lifted its stake in shares of Crocs by 180.9% during the 1st quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock valued at $93,484,000 after buying an additional 566,847 shares in the last quarter. Finally, New Vernon Capital Holdings II LLC lifted its stake in shares of Crocs by 10,520.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock valued at $76,389,000 after buying an additional 712,520 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insider Transactions at Crocs

In other Crocs news, Director John B. Replogle bought 3,261 shares of Crocs stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the acquisition, the director directly owned 15,417 shares in the company, valued at approximately $1,182,329.73. This represents a 26.83% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Susan L. Healy bought 2,000 shares of Crocs stock in a transaction dated Tuesday, August 12th. The stock was acquired at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the acquisition, the executive vice president owned 50,078 shares in the company, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.00% of the company’s stock.

Crocs Stock Down 3.0%

Shares of CROX stock opened at $78.70 on Wednesday. The stock has a market cap of $4.30 billion, a P/E ratio of 21.10, a PEG ratio of 1.97 and a beta of 1.43. Crocs, Inc. has a 52 week low of $73.76 and a 52 week high of $122.84. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The company’s fifty day simple moving average is $82.70 and its two-hundred day simple moving average is $94.25.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, topping the consensus estimate of $2.36 by $0.56. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business had revenue of $996.30 million for the quarter, compared to analysts’ expectations of $960.14 million. During the same quarter in the previous year, the company earned $3.60 EPS. The business’s quarterly revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts predict that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CROX shares. Wall Street Zen upgraded shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays lifted their target price on shares of Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a research note on Friday. UBS Group lowered their target price on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Stifel Nicolaus lifted their target price on shares of Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, October 31st. Finally, Bank of America lowered their target price on shares of Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a research note on Tuesday, October 21st. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $103.42.

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.