Global Endowment Management LP Acquires New Stake in Crocs, Inc. $CROX

Global Endowment Management LP acquired a new position in shares of Crocs, Inc. (NASDAQ:CROX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,436 shares of the textile maker’s stock, valued at approximately $788,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in shares of 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. Employees Retirement System of Texas acquired a new position in shares of Crocs in the 2nd quarter valued at about $49,000. Parallel Advisors LLC lifted its stake in shares of Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares during the period. IMA Advisory Services Inc. boosted its position in Crocs by 72.7% during the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after purchasing an additional 272 shares in the last quarter. Finally, 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 valued at $79,000 after buying an additional 459 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Crocs

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.06, for a total value of $1,215,228.70. Following the sale, the executive vice president owned 131,112 shares in the company, valued at $13,119,066.72. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.00% of the company’s stock.

Crocs Price Performance

CROX opened at $79.63 on Friday. Crocs, Inc. has a one year low of $73.21 and a one year high of $122.84. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.27 and a quick ratio of 0.74. The stock has a market capitalization of $4.00 billion, a P/E ratio of -63.20, a price-to-earnings-growth ratio of 0.93 and a beta of 1.54. The company’s 50 day simple moving average is $87.51 and its 200-day simple moving average is $84.90.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. The company had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.52 earnings per share. 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 anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on CROX. Monness Crespi & Hardt raised their target price on Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, February 13th. The Goldman Sachs Group lifted their price objective on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research report on Friday, February 13th. Robert W. Baird set a $110.00 price objective on shares of Crocs in a research report on Friday, February 13th. KeyCorp reiterated a “sector weight” rating on shares of Crocs in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus boosted their target price on Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Crocs has an average rating of “Hold” and an average price target of $103.42.

About Crocs

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.