TLW Wealth Management LLC Sells 35,918 Shares of Crocs, Inc. $CROX

TLW Wealth Management LLC trimmed its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 37.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,727 shares of the textile maker’s stock after selling 35,918 shares during the quarter. Crocs accounts for 3.0% of TLW Wealth Management LLC’s holdings, making the stock its 12th biggest position. TLW Wealth Management LLC’s holdings in Crocs were worth $5,193,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Step Capital Management Pte. Ltd. bought a new position in shares of Crocs during the 4th quarter worth approximately $1,710,000. Marshall Financial Group LLC bought a new position in shares of Crocs during the 4th quarter worth approximately $1,237,000. iA Global Asset Management Inc. bought a new position in shares of Crocs during the 3rd quarter worth approximately $5,818,000. Patient Capital Management LLC grew its stake in shares of Crocs by 17.0% during the 3rd quarter. Patient Capital Management LLC now owns 588,794 shares of the textile maker’s stock worth $49,194,000 after acquiring an additional 85,416 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in shares of Crocs during the 3rd quarter worth approximately $3,206,000. 93.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Crocs

In related news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total value 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.00% of the company’s stock.

Crocs Price Performance

NASDAQ:CROX opened at $94.94 on Friday. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $118.28. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. The firm has a fifty day simple moving average of $92.27 and a 200 day simple moving average of $88.23. The stock has a market capitalization of $4.72 billion, a PE ratio of -68.80, a P/E/G ratio of 0.95 and a beta of 1.54.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. During the same period last year, the business earned $3.00 earnings per share. The firm’s revenue was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, research analysts expect that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price target on shares of Crocs in a research note on Thursday, February 12th. Monness Crespi & Hardt raised their price target on shares of Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. The Goldman Sachs Group raised their price target on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research note on Friday, February 13th. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Crocs in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.73.

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.