American Century Companies Inc. grew its holdings in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) by 22.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 293,585 shares of the textile maker’s stock after buying an additional 54,190 shares during the period. American Century Companies Inc. owned 0.54% of Crocs worth $29,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also made changes to their positions in the business. Boston Partners raised its position in shares of Crocs by 2,659.1% during the 2nd quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after acquiring an additional 1,627,190 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Crocs by 4.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock valued at $144,678,000 after purchasing an additional 53,916 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Crocs by 10.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,154,676 shares of the textile maker’s stock worth $122,608,000 after purchasing an additional 108,076 shares in the last quarter. Alliancebernstein L.P. lifted its position 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 worth $118,491,000 after buying an additional 148,964 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in shares of Crocs by 21.9% in the 2nd quarter. LSV Asset Management now owns 1,073,120 shares of the textile maker’s stock valued at $108,686,000 after buying an additional 192,860 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently commented on CROX. Barclays lifted their price target on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. KeyCorp dropped their price objective on Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Piper Sandler downgraded Crocs from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $95.00 to $75.00 in a report on Monday, September 22nd. Stifel Nicolaus upped their target price on Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Friday, October 31st. Finally, Weiss Ratings upgraded Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, November 25th. 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $103.42.
Insider Activity at Crocs
In other news, Director John B. Replogle bought 3,000 shares of Crocs stock in a transaction dated Tuesday, November 11th. The stock was bought at an average price of $74.50 per share, for a total transaction of $223,500.00. Following the purchase, the director owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.
Crocs Stock Down 0.2%
Crocs stock opened at $85.25 on Monday. The stock has a 50 day moving average of $80.99 and a two-hundred day moving average of $91.35. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $122.84. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 1.97 and a beta of 1.51. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97.
Crocs (NASDAQ:CROX – Get Free Report) last released 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 return on equity of 44.15% and a net margin of 5.72%.The business had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $960.14 million. During the same quarter in the prior year, the business earned $3.60 earnings per share. The company’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. As a group, research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current 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.
Featured Articles
- Five stocks we like better than Crocs
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Worried About Inflation? These 3 ETFs Offer Real Protection
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally
- The How And Why of Investing in Oil Stocks
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
Want to see what other hedge funds are holding CROX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crocs, Inc. (NASDAQ:CROX – Free Report).
Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.
