Crocs (NASDAQ:CROX) EVP Rupert George Campbell Sells 2,645 Shares of Stock

Crocs, Inc. (NASDAQ:CROX) EVP Rupert George Campbell sold 2,645 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $150.87, for a total transaction of $399,051.15. Following the completion of the transaction, the executive vice president owned 68,573 shares in the company, valued at approximately $10,345,608.51. This represents a 3.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Crocs Trading Up 0.3%

NASDAQ:CROX opened at $153.61 on Wednesday. The company’s 50 day moving average price is $121.58 and its 200-day moving average price is $110.42. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $156.75. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.96. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 1.22 and a beta of 1.49.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Thursday, October 29th. The textile maker reported $3.69 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.38. Crocs had a net margin of 16.20% and a return on equity of 49.35%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the firm earned $2.92 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that Crocs, Inc. will post 14.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CROX. BlackRock Inc. purchased a new position in shares of Crocs in the 2nd quarter worth $561,223,000. Patient Capital Management LLC bought a new stake in shares of Crocs in the second quarter worth $96,443,000. Bank of New York Mellon Corp purchased a new stake in Crocs during the second quarter valued at $39,610,000. Bank of America Corp DE purchased a new stake in Crocs during the second quarter valued at $33,820,000. Finally, Baird Financial Group Inc. increased its position in Crocs by 450.1% during the second quarter. Baird Financial Group Inc. now owns 166,345 shares of the textile maker’s stock valued at $20,068,000 after acquiring an additional 136,106 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs News Summary

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Crocs reported third-quarter adjusted earnings of $3.69 per share, ahead of the $3.31 consensus, and revenue of $1.04 billion versus roughly $1.00 billion expected. Revenue grew 4.7% year over year, and management raised its full-year profit outlook—key reasons for the stock’s recent sharp rally. Article: Crocs Stock Skyrockets on Higher Full-Year Profit Guidance
• Positive Sentiment: Analyst price-target estimates moved higher: one report cited a 16.56% increase in the consensus target to $163.49, while another noted a target raised to $178. These revisions may reinforce investor optimism after the earnings update. Article: Crocs Consensus Price Target Increased Article: Crocs Price Target Raised to $178
• Positive Sentiment: Recent analysis points to international growth and diversification as supports for margin expansion. A November Pokémon shoe launch could also provide a product and licensing boost. Article: CROX Q3 Deep Dive
• Positive Sentiment: Zacks highlighted CROX as a strong-momentum stock and assigned it a #1 (Strong Buy) rank, adding to favorable market positioning. Article: Crocs Is a Zacks Strong Buy
• Neutral Sentiment: HEYDUDE launched a holiday campaign featuring Riley Green. The marketing effort may increase brand visibility, though its financial impact is not yet clear. Article: HEYDUDE Holiday Campaign
• Negative Sentiment: Director Ronald Frasch sold 15,000 shares, reducing his holdings by 19.69%; EVP Rupert George Campbell sold 2,645 shares, trimming his position by 3.71%. Insider sales can weigh on sentiment, although they do not necessarily signal a change in company outlook. SEC filing: Ronald Frasch transaction SEC filing: Rupert George Campbell transaction

Wall Street Analyst Weigh In

CROX has been the subject of a number of research analyst reports. Bank of America lifted their target price on Crocs from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Weiss Ratings raised Crocs from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, October 26th. Needham & Company LLC increased their price objective on Crocs from $150.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, October 29th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $128.00 price objective on shares of Crocs in a research report on Friday. Finally, Williams Trading set a $184.00 price objective on Crocs in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Crocs has a consensus rating of “Moderate Buy” and an average target price of $158.30.

About Crocs

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.