American Century Companies Inc. Has $59.94 Million Position in Crocs, Inc. $CROX

American Century Companies Inc. grew its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 144.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 717,402 shares of the textile maker’s stock after buying an additional 423,817 shares during the quarter. American Century Companies Inc. owned approximately 1.38% of Crocs worth $59,939,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Allworth Financial LP raised its holdings in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares in the last quarter. Employees Retirement System of Texas bought a new position in Crocs in the second quarter valued at approximately $49,000. IMA Advisory Services Inc. increased its position in shares of Crocs by 72.7% during the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after purchasing an additional 272 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Crocs during the 2nd quarter worth approximately $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 buying an additional 459 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

CROX has been the topic of a number of recent analyst reports. Piper Sandler restated a “neutral” rating and set a $95.00 target price on shares of Crocs in a report on Thursday, February 12th. KeyCorp reissued a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. Wall Street Zen downgraded shares of Crocs from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Robert W. Baird set a $110.00 price target on Crocs in a research report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $103.42.

Crocs Stock Performance

CROX opened at $83.57 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.27 and a quick ratio of 0.74. The business has a fifty day simple moving average of $88.02 and a 200 day simple moving average of $84.94. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The company has a market capitalization of $4.20 billion, a PE ratio of -66.33, a price-to-earnings-growth ratio of 0.99 and a beta of 1.54.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. During the same quarter in the previous year, the business posted $2.52 earnings per share. Crocs’s quarterly revenue was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Research analysts expect that Crocs, Inc. will post 13.2 EPS for the current year.

Insider Activity

In related news, EVP Anne Mehlman sold 12,145 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the sale, the executive vice president directly owned 131,112 shares in the company, valued at approximately $13,119,066.72. The trade was a 8.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.00% of the company’s stock.

Crocs Company Profile

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.