Edgestream Partners L.P. Grows Holdings in Crocs, Inc. $CROX

Edgestream Partners L.P. increased its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 121.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 33,477 shares of the textile maker’s stock after purchasing an additional 18,359 shares during the period. Edgestream Partners L.P. owned approximately 0.06% of Crocs worth $3,391,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System lifted its stake in Crocs by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 15,800 shares of the textile maker’s stock worth $1,600,000 after purchasing an additional 100 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Crocs by 4.7% in the 2nd 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 period. Blue Trust Inc. lifted its stake in Crocs by 4.7% during the 2nd quarter. Blue Trust Inc. now owns 2,571 shares of the textile maker’s stock worth $260,000 after acquiring an additional 116 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Crocs by 4.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,136 shares of the textile maker’s stock valued at $333,000 after acquiring an additional 126 shares during the period. Finally, Vontobel Holding Ltd. grew its position in Crocs by 1.8% in the 2nd quarter. Vontobel Holding Ltd. now owns 7,216 shares of the textile maker’s stock valued at $731,000 after acquiring an additional 126 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insiders Place Their Bets

In other Crocs news, Director John B. Replogle purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average cost of $74.50 per share, with a total value of $223,500.00. Following the acquisition, the director directly owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. This represents a 19.46% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on CROX shares. Zacks Research raised shares of Crocs from a “hold” rating to a “strong-buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Crocs in a research note on Monday. Needham & Company LLC increased their target price on shares of Crocs from $89.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Bank of America dropped their price target on shares of Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Finally, Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $95.00 to $75.00 in a research report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $103.42.

Crocs Trading Up 4.8%

NASDAQ CROX opened at $89.35 on Thursday. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84. The firm has a 50 day moving average of $81.56 and a two-hundred day moving average of $90.90. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $4.64 billion, a PE ratio of 29.10 and a beta of 1.54.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. The business had revenue of $996.30 million for the quarter, compared to analyst estimates of $960.14 million. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The company’s revenue was down 6.2% on a year-over-year basis. During the same period last year, the business earned $3.60 EPS. 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 EPS for the current fiscal year.

About Crocs

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.