Fieldview Capital Management LLC Sells 39,990 Shares of Crocs, Inc. $CROX

Fieldview Capital Management LLC reduced its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 89.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,474 shares of the textile maker’s stock after selling 39,990 shares during the period. Fieldview Capital Management LLC’s holdings in Crocs were worth $374,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Boston Partners boosted its holdings 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 valued at $171,003,000 after acquiring an additional 1,627,190 shares during the last quarter. Smead Capital Management Inc. bought a new stake in shares of Crocs in the third quarter worth approximately $52,978,000. Norges Bank purchased a new position in shares of Crocs during the second quarter valued at approximately $56,710,000. American Century Companies Inc. lifted its position in Crocs by 144.4% during the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after purchasing an additional 423,817 shares during the period. Finally, Voss Capital LP bought a new position in Crocs during the second quarter valued at approximately $40,765,000. Institutional investors own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CROX. Piper Sandler reaffirmed a “neutral” rating and issued a $95.00 target price on shares of Crocs in a research report on Thursday, February 12th. UBS Group increased their price target on Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Friday, February 13th. The Goldman Sachs Group raised their price target on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research note on Friday, February 13th. Needham & Company LLC lifted their price objective on Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Barclays upped their price objective on Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Crocs currently has a consensus rating of “Hold” and an average price target of $103.42.

Crocs Stock Down 4.9%

Shares of CROX stock opened at $82.91 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $122.84. The stock has a market cap of $4.16 billion, a P/E ratio of -65.80, a P/E/G ratio of 1.01 and a beta of 1.54. The company has a 50 day simple moving average of $87.73 and a two-hundred day simple moving average of $84.97.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.37. The business had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company 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, research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current year.

Insider Activity

In related news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were 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 of the company’s stock, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.72% of the company’s stock.

Crocs 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.