Lisanti Capital Growth LLC Invests $3.14 Million in Crocs, Inc. $CROX

Lisanti Capital Growth LLC acquired a new stake in shares of Crocs, Inc. (NASDAQ:CROX) during the 2nd quarter, Holdings Channel reports. The fund acquired 30,985 shares of the textile maker’s stock, valued at approximately $3,138,000.

A number of other hedge funds have also recently bought and sold shares of CROX. Motley Fool Wealth Management LLC raised its holdings in Crocs by 82.6% in the 1st quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock valued at $10,830,000 after acquiring an additional 46,124 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Crocs in the first quarter valued at $905,000. Intech Investment Management LLC increased its stake in Crocs by 60.4% in the first quarter. Intech Investment Management LLC now owns 49,641 shares of the textile maker’s stock valued at $5,272,000 after purchasing an additional 18,697 shares during the last quarter. Versor Investments LP purchased a new position in Crocs during the first quarter worth about $1,275,000. Finally, Baird Financial Group Inc. boosted its stake in Crocs by 4.8% in the 1st quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock worth $26,681,000 after buying an additional 11,397 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Up 0.5%

Shares of NASDAQ CROX opened at $78.85 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. Crocs, Inc. has a 1 year low of $73.76 and a 1 year high of $122.84. The stock’s 50-day simple moving average is $82.25 and its 200-day simple moving average is $93.98. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.97 and a beta of 1.51.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.56. The company had revenue of $996.30 million during the quarter, compared to analyst estimates of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period last year, the business earned $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, equities analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. UBS Group dropped their price objective on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, August 11th. Barclays upped their price target on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Zacks Research upgraded shares of Crocs from a “strong sell” rating to a “hold” rating in a report on Friday, October 31st. Wall Street Zen cut shares of Crocs from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Citigroup lowered Crocs to a “negative” rating in a research report on Tuesday, October 7th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $103.42.

Insiders Place Their Bets

In other Crocs news, EVP Susan L. Healy bought 2,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the acquisition, the executive vice president directly owned 50,078 shares of the company’s stock, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 3.00% of the stock is currently owned by company insiders.

Crocs Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.