Crocs, Inc. $CROX Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Crocs, Inc. (NASDAQ:CROX) by 93.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 38,182 shares of the textile maker’s stock after acquiring an additional 18,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Crocs were worth $4,479,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CROX. Root Financial Partners LLC increased its stake in Crocs by 96.3% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after buying an additional 157 shares during the period. Versant Capital Management Inc boosted its position in Crocs by 95.9% in the 3rd quarter. Versant Capital Management Inc now owns 290 shares of the textile maker’s stock valued at $34,000 after buying an additional 142 shares during the period. Global Retirement Partners LLC purchased a new position in Crocs in the 2nd quarter valued at approximately $42,000. Allworth Financial LP purchased a new position in Crocs in the 2nd quarter valued at approximately $53,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Crocs in the second quarter worth $55,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on CROX shares. BTIG Research reiterated a “neutral” rating on shares of Crocs in a research note on Thursday. The Goldman Sachs Group reissued a “sell” rating and set a $128.00 target price on shares of Crocs in a research note on Friday. Monness Crespi & Hardt upped their price target on Crocs from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Barclays upped their price target on Crocs from $139.00 to $178.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Weiss Ratings raised Crocs from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Crocs presently has an average rating of “Moderate Buy” and an average price target of $158.30.

Insider Buying and Selling

In other news, Director Beth Kaplan purchased 885 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were purchased at an average price of $112.12 per share, for a total transaction of $99,226.20. Following the purchase, the director directly owned 15,259 shares of the company’s stock, valued at $1,710,839.08. This represents a 6.16% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew Rees sold 19,072 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the sale, the chief executive officer owned 713,293 shares of the company’s stock, valued at approximately $99,083,530.63. This represents a 2.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.10% of the company’s stock.

Key Crocs News

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Quarterly earnings and revenue beat expectations. Crocs reported adjusted EPS of $3.69 versus the $3.31 analyst consensus, while revenue increased 4.7% year over year to approximately $1.04 billion, ahead of estimates near $1.00 billion. Crocs quarterly earnings report
• Positive Sentiment: Management raised its full-year forecast for the third consecutive time. Crocs now expects 2026 revenue growth of approximately 3%, up from its prior 1%–2% outlook, and projects fourth-quarter revenue growth of roughly 7%–9%. Crocs Q3 results and outlook
• Positive Sentiment: HEYDUDE returned to growth. HEYDUDE revenue increased about 6%, easing concerns about the struggling brand and strengthening the case for a broader recovery. Crocs Brand revenue also grew approximately 4.4%. Reuters HEYDUDE turnaround article
• Positive Sentiment: Profitability and shareholder returns improved. Gross margin expanded to 66.2% from 58.5% a year earlier, operating income rose more than 40%, and the company repurchased approximately $250 million of stock during the quarter.
• Positive Sentiment: Analysts became more bullish. Barclays raised its price target to $178 and assigned an “overweight” rating, while Needham raised its target to $190 and reiterated a “buy” rating. Barclays CROX rating
• Neutral Sentiment: Technical coverage highlights that CROX has moved above its 20-day and 50-day moving averages and reached a new 52-week high, signaling positive momentum but also increasing the risk of profit-taking after the sharp advance. CROX moving average analysis
• Negative Sentiment: Some commentary notes that international growth is helping offset weaker U.S. performance, while tariff-related benefits and buybacks contributed to the earnings improvement. These factors could make comparisons less favorable if they do not persist.

Crocs Price Performance

Shares of CROX opened at $150.52 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.44 and a quick ratio of 0.86. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $154.05. The stock has a market cap of $6.88 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 1.20 and a beta of 1.49. The firm has a fifty day moving average price of $120.41 and a 200 day moving average price of $109.73.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, October 29th. The textile maker reported $3.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.38. Crocs had a return on equity of 49.35% and a net margin of 16.20%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the company posted $2.92 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Crocs, Inc. will post 14.62 EPS for the current year.

Crocs Profile

Crocs, Inc is a global footwear company best known for its Crocs brand of casual, lightweight shoes. Its product portfolio includes clogs, sandals, slides, boots and other casual footwear, along with accessories such as Jibbitz charms, which are designed to personalize Crocs shoes.

The company was founded in 2002 and introduced its first clog that year. Crocs has expanded from its original molded footwear into a broader lifestyle brand, offering products for women, men and children through company-operated and third-party retail stores, e-commerce platforms and wholesale partners.

In 2022, Crocs completed its acquisition of HEYDUDE, adding the casual shoe brand to its portfolio.