Envestnet Asset Management Inc. Purchases 6,195 Shares of Crocs, Inc. $CROX

Envestnet Asset Management Inc. lifted its holdings in Crocs, Inc. (NASDAQ:CROXFree Report) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 235,890 shares of the textile maker’s stock after purchasing an additional 6,195 shares during the quarter. Envestnet Asset Management Inc. owned about 0.43% of Crocs worth $19,709,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CROX. Allworth Financial LP lifted its position in shares of Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after purchasing an additional 245 shares in the last quarter. Employees Retirement System of Texas bought a new stake in Crocs during the 2nd quarter worth about $49,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Crocs during the 2nd quarter worth about $58,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 459 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Crocs by 278.1% in the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock valued at $87,000 after acquiring an additional 634 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CROX. Barclays lifted their price target on Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday. UBS Group lifted their target price on Crocs from $85.00 to $97.00 and gave the stock a “neutral” rating in a research note on Friday. Needham & Company LLC increased their price target on Crocs from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday. Robert W. Baird set a $110.00 price target on Crocs in a report on Friday. Finally, Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Crocs has a consensus rating of “Hold” and an average target price of $105.18.

View Our Latest Analysis on CROX

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Crocs Trading Down 1.6%

CROX opened at $96.88 on Friday. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $122.84. The company has a fifty day moving average of $86.81 and a 200-day moving average of $84.56. The stock has a market cap of $5.03 billion, a PE ratio of -76.89 and a beta of 1.56. The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 0.95.

Crocs (NASDAQ:CROXGet Free Report) last issued its earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating the consensus estimate of $1.92 by $0.37. The company had revenue of $957.64 million during the quarter, compared to the consensus estimate of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the business posted $2.52 EPS. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, sell-side analysts predict that Crocs, Inc. will post 13.2 EPS for the current year.

Crocs Profile

(Free Report)

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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