Crocs, Inc. $CROX Shares Bought by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP raised its stake in Crocs, Inc. (NASDAQ:CROX) by 41.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,212 shares of the textile maker’s stock after buying an additional 12,995 shares during the quarter. Brevan Howard Capital Management LP owned approximately 0.09% of Crocs worth $3,694,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Parallel Advisors LLC boosted its position in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 186 shares during the last quarter. Allworth Financial LP increased its position 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 purchasing an additional 245 shares during the last quarter. Employees Retirement System of Texas purchased a new position in Crocs during the second quarter worth about $49,000. IMA Advisory Services Inc. boosted its holdings 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 purchasing an additional 272 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its holdings in Crocs by 292.0% in the 3rd quarter. Ameriflex Group Inc. now owns 784 shares of the textile maker’s stock valued at $66,000 after purchasing an additional 584 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Trading Up 1.3%

CROX opened at $78.98 on Tuesday. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84. The business has a fifty day simple moving average of $87.19 and a 200-day simple moving average of $84.78. The firm has a market cap of $3.97 billion, a P/E ratio of -62.68, a P/E/G ratio of 0.91 and a beta of 1.54. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating 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 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 business earned $2.52 EPS. The company’s quarterly 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. On average, equities analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current year.

Analyst Ratings Changes

CROX has been the subject of several analyst reports. Zacks Research cut shares of Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Williams Trading raised shares of Crocs from a “sell” rating to a “hold” rating and set a $84.00 price target on the stock in a research report on Thursday, March 12th. Piper Sandler reiterated a “neutral” rating and issued a $95.00 price objective on shares of Crocs in a report on Thursday, February 12th. UBS Group increased their price objective on Crocs from $85.00 to $97.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. Finally, Monness Crespi & Hardt raised their target price on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $103.42.

Insiders Place Their Bets

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president directly owned 131,112 shares in the company, valued at $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.72% of the stock is currently owned by corporate insiders.

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.