88,300 Shares in Crocs, Inc. $CROX Bought by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP bought a new position in shares of Crocs, Inc. (NASDAQ:CROX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 88,300 shares of the textile maker’s stock, valued at approximately $7,377,000. Mizuho Markets Cayman LP owned about 0.17% of Crocs at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Crocs by 159.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after purchasing an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Crocs by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock valued at $22,441,000 after buying an additional 8,331 shares during the last quarter. Allworth Financial LP increased its position in Crocs by 120.7% in the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after buying an additional 245 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Crocs by 7.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,407 shares of the textile maker’s stock worth $1,459,000 after buying an additional 1,007 shares during the period. Finally, Creative Planning lifted its holdings in shares of Crocs by 11.0% during the second quarter. Creative Planning now owns 9,682 shares of the textile maker’s stock worth $981,000 after buying an additional 958 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.72% of the company’s stock.

Crocs Price Performance

Shares of NASDAQ:CROX opened at $79.43 on Wednesday. The firm has a market capitalization of $3.99 billion, a PE ratio of -63.04, a PEG ratio of 0.92 and a beta of 1.54. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84. The business’s 50 day moving average is $87.00 and its 200-day moving average is $84.72.

Crocs (NASDAQ:CROX) last issued its earnings results 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 analyst estimates of $916.16 million. During the same period in the prior year, the company posted $2.52 earnings per share. Crocs’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. Sell-side analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Needham & Company LLC increased their price objective on Crocs from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 target price on shares of Crocs in a research report on Thursday, February 12th. Monness Crespi & Hardt upped their target price on shares of Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, February 13th. BTIG Research initiated coverage on shares of Crocs in a report on Tuesday, March 10th. They issued a “neutral” rating for the company. Finally, Williams Trading upgraded shares of Crocs from a “sell” rating to a “hold” rating and set a $84.00 price target on the stock in a research report on Thursday, March 12th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $103.42.

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.