Mizuho Markets Cayman LP Sells 20,976 Shares of Crocs, Inc. $CROX

Mizuho Markets Cayman LP lowered its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 23.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,324 shares of the textile maker’s stock after selling 20,976 shares during the quarter. Mizuho Markets Cayman LP owned 0.13% of Crocs worth $5,758,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Fairtree Asset Management Pty Ltd lifted its position in Crocs by 33.8% during the fourth quarter. Fairtree Asset Management Pty Ltd now owns 13,065 shares of the textile maker’s stock valued at $1,117,000 after purchasing an additional 3,303 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Crocs by 14.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,314 shares of the textile maker’s stock valued at $369,000 after purchasing an additional 558 shares during the last quarter. TD Private Client Wealth LLC lifted its position in Crocs by 15,200.0% during the fourth quarter. TD Private Client Wealth LLC now owns 1,377 shares of the textile maker’s stock valued at $118,000 after purchasing an additional 1,368 shares during the last quarter. O Brien Greene & Co. Inc lifted its holdings in shares of Crocs by 6.2% in the 4th quarter. O Brien Greene & Co. Inc now owns 8,562 shares of the textile maker’s stock worth $732,000 after acquiring an additional 500 shares during the last quarter. Finally, Qsemble Capital Management LP bought a new stake in shares of Crocs in the 4th quarter worth about $3,690,000. Institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CROX shares. The Goldman Sachs Group raised their target price on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a report on Friday, February 13th. Piper Sandler restated a “neutral” rating and issued a $95.00 target price on shares of Crocs in a report on Thursday, February 12th. BTIG Research started coverage on shares of Crocs in a report on Tuesday, March 10th. They issued a “neutral” rating for the company. Robert W. Baird set a $110.00 target price on shares of Crocs in a report on Friday, February 13th. Finally, Stifel Nicolaus raised their target price on shares of Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $103.73.

Crocs Price Performance

Crocs stock opened at $110.44 on Friday. The firm has a market capitalization of $5.49 billion, a PE ratio of -80.03, a price-to-earnings-growth ratio of 1.07 and a beta of 1.54. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $113.16. The firm has a 50-day moving average price of $94.25 and a 200-day moving average price of $88.89. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping the consensus estimate of $2.78 by $0.21. The company had revenue of $921.46 million for the quarter, compared to the consensus estimate of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The firm’s revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, equities research analysts forecast that Crocs, Inc. will post 13.67 EPS for the current year.

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.