Kirr Marbach & Co. LLC IN Grows Holdings in Crocs, Inc. $CROX

Kirr Marbach & Co. LLC IN increased its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 17.4% in the first quarter, Holdings Channel reports. The firm owned 57,422 shares of the textile maker’s stock after buying an additional 8,491 shares during the quarter. Kirr Marbach & Co. LLC IN’s holdings in Crocs were worth $4,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Torren Management LLC acquired a new position in Crocs in the fourth quarter valued at $39,000. Parallel Advisors LLC boosted its stake in shares of Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Crocs during the third quarter worth about $48,000. National Bank of Canada FI grew its holdings in shares of Crocs by 597.3% during the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after buying an additional 663 shares during the last quarter. Finally, Ameriflex Group Inc. increased its position 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 acquiring an additional 584 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CROX has been the subject of several analyst reports. Wedbush started coverage on Crocs in a research note on Monday, June 8th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft began coverage on Crocs in a research note on Monday, June 8th. They issued a “buy” rating on the stock. Seaport Research Partners upgraded Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target for the company in a research note on Tuesday, April 14th. Bank of America increased their price target on Crocs from $125.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Royal Bank Of Canada began coverage on shares of Crocs in a research report on Monday, June 8th. They issued an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $120.00.

Insiders Place Their Bets

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the transaction, the chief executive officer owned 743,293 shares in the company, valued at approximately $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is owned by corporate insiders.

Crocs Price Performance

Shares of NASDAQ:CROX opened at $121.14 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The company has a market cap of $6.02 billion, a P/E ratio of -87.78, a PEG ratio of 1.28 and a beta of 1.57. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $129.79. The company has a 50-day moving average price of $110.91 and a 200 day moving average price of $95.35.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (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 analysts’ expectations of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous 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. Research analysts predict that Crocs, Inc. will post 13.67 earnings per share 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.