Clearstead Advisors LLC Buys 84,755 Shares of Crocs, Inc. $CROX

Clearstead Advisors LLC increased its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 118.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 156,318 shares of the textile maker’s stock after acquiring an additional 84,755 shares during the period. Clearstead Advisors LLC owned 0.30% of Crocs worth $13,060,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Crocs by 159.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Crocs by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after buying an additional 8,331 shares during the period. Allianz Asset Management GmbH grew its stake in Crocs by 153.8% in the 2nd quarter. Allianz Asset Management GmbH now owns 14,215 shares of the textile maker’s stock valued at $1,440,000 after buying an additional 8,615 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Crocs by 477.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 11,246 shares of the textile maker’s stock worth $1,162,000 after acquiring an additional 9,300 shares during the last quarter. Finally, AlphaQuest LLC boosted its holdings in Crocs by 9,436.6% during the second quarter. AlphaQuest LLC now owns 7,820 shares of the textile maker’s stock valued at $792,000 after acquiring an additional 7,738 shares during the period. 93.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CROX has been the subject of several research analyst reports. Stifel Nicolaus boosted their price objective on Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Needham & Company LLC lifted their price target on Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Weiss Ratings raised Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, February 9th. Williams Trading downgraded shares of Crocs from a “hold” rating to a “sell” rating and raised their price objective for the stock from $75.00 to $84.00 in a research note on Wednesday, February 18th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Crocs in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $103.42.

Crocs Stock Performance

CROX opened at $100.04 on Monday. The stock has a market cap of $5.03 billion, a PE ratio of -79.40, a P/E/G ratio of 1.16 and a beta of 1.56. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The stock’s 50 day simple moving average is $87.88 and its 200-day simple moving average is $84.34. 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 (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, topping 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 firm had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. During the same quarter in the previous year, the company earned $2.52 earnings per share. The business’s revenue 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. Sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current year.

About Crocs

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.