State of New Jersey Common Pension Fund D Has $2.12 Million Stake in Crocs, Inc. $CROX

State of New Jersey Common Pension Fund D grew its holdings in Crocs, Inc. (NASDAQ:CROX) by 28.3% during the third quarter, Holdings Channel.com reports. The firm owned 25,380 shares of the textile maker’s stock after acquiring an additional 5,597 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Crocs were worth $2,120,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Lisanti Capital Growth LLC acquired a new stake in Crocs in the 2nd quarter valued at about $3,138,000. Fort Washington Investment Advisors Inc. OH grew its stake in shares of Crocs by 20.1% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 221,091 shares of the textile maker’s stock valued at $18,472,000 after purchasing an additional 36,951 shares during the last quarter. Voss Capital LP bought a new stake in shares of Crocs during the second quarter valued at approximately $40,765,000. King Luther Capital Management Corp increased its holdings in shares of Crocs by 18.2% in the second quarter. King Luther Capital Management Corp now owns 42,051 shares of the textile maker’s stock valued at $4,259,000 after purchasing an additional 6,479 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Crocs by 7.0% in the second quarter. Envestnet Asset Management Inc. now owns 229,695 shares of the textile maker’s stock valued at $23,264,000 after purchasing an additional 15,024 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Anne Mehlman sold 12,145 shares of Crocs stock in a transaction on 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 transaction, the executive vice president directly owned 131,112 shares of the company’s stock, valued at $13,119,066.72. This trade represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.72% of the company’s stock.

Crocs Stock Up 0.0%

NASDAQ:CROX opened at $96.69 on Wednesday. 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, Inc. has a 12-month low of $73.21 and a 12-month high of $122.84. The stock’s fifty day simple moving average is $88.10 and its 200-day simple moving average is $84.65. The firm has a market capitalization of $4.86 billion, a P/E ratio of -76.74, a P/E/G ratio of 1.12 and a beta of 1.56.

Crocs (NASDAQ:CROX) last released its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $957.64 million during the quarter, compared to the consensus estimate of $916.16 million. During the same quarter in the prior year, the company posted $2.52 earnings per share. The firm’s 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. Equities research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

CROX has been the topic of several research reports. Zacks Research downgraded Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. The Goldman Sachs Group boosted their target price on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. Barclays upped 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. Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Weiss Ratings raised Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $103.42.

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.