Allspring Global Investments Holdings LLC Has $2.29 Million Stock Holdings in Crocs, Inc. $CROX

Allspring Global Investments Holdings LLC lessened its position in Crocs, Inc. (NASDAQ:CROX) by 76.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,291 shares of the textile maker’s stock after selling 83,621 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.05% of Crocs worth $2,286,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC raised its position in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Crocs in the 3rd quarter valued at approximately $48,000. IMA Advisory Services Inc. raised its position in Crocs by 72.7% in the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock valued at $54,000 after buying an additional 272 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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. Finally, National Bank of Canada FI raised its position in Crocs by 597.3% in the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after buying an additional 663 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Up 7.3%

CROX stock opened at $97.08 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. The business has a 50 day moving average price of $86.33 and a two-hundred day moving average price of $84.64. The company has a market cap of $4.88 billion, a price-to-earnings ratio of -77.05, a P/E/G ratio of 0.97 and a beta of 1.54. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $122.84.

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

Insider Activity at Crocs

In other news, EVP Anne Mehlman sold 12,145 shares of Crocs stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on CROX shares. Weiss Ratings lowered Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Williams Trading raised Crocs from a “sell” rating to a “hold” rating and set a $84.00 target price on the stock in a research report on Thursday, March 12th. BTIG Research started coverage on Crocs in a research report on Tuesday, March 10th. They issued a “neutral” rating on the stock. Barclays raised their price target on Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Finally, Zacks Research downgraded Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Crocs presently has a consensus rating of “Hold” and a consensus price target of $101.45.

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.