Polaris Capital Management LLC Has $33.41 Million Stock Holdings in Crocs, Inc. $CROX

Polaris Capital Management LLC decreased its stake in Crocs, Inc. (NASDAQ:CROX) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 329,901 shares of the textile maker’s stock after selling 7,500 shares during the period. Crocs accounts for about 2.2% of Polaris Capital Management LLC’s holdings, making the stock its 16th biggest holding. Polaris Capital Management LLC’s holdings in Crocs were worth $33,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. TD Private Client Wealth LLC increased its stake in shares of Crocs by 4.7% in the second quarter. TD Private Client Wealth LLC now owns 2,493 shares of the textile maker’s stock valued at $252,000 after buying an additional 113 shares during the period. PNC Financial Services Group Inc. grew its stake in Crocs by 4.2% during the first quarter. PNC Financial Services Group Inc. now owns 3,136 shares of the textile maker’s stock worth $333,000 after purchasing an additional 126 shares during the period. Parallel Advisors LLC grew its stake in Crocs by 26.5% during the first quarter. Parallel Advisors LLC now owns 630 shares of the textile maker’s stock worth $67,000 after purchasing an additional 132 shares during the period. Wedbush Securities Inc. grew its stake in Crocs by 5.5% during the first quarter. Wedbush Securities Inc. now owns 2,591 shares of the textile maker’s stock worth $275,000 after purchasing an additional 135 shares during the period. Finally, UMB Bank n.a. grew its stake in Crocs by 43.6% during the first quarter. UMB Bank n.a. now owns 642 shares of the textile maker’s stock worth $68,000 after purchasing an additional 195 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on CROX shares. Piper Sandler cut Crocs from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $95.00 to $75.00 in a research note on Monday, September 22nd. Needham & Company LLC raised their target price on Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. Monness Crespi & Hardt dropped their price target on Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Crocs in a report on Saturday, September 27th. Finally, Bank of America decreased their target price on Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $102.00.

Crocs Trading Down 1.5%

CROX opened at $84.89 on Friday. The business has a 50 day simple moving average of $85.74 and a two-hundred day simple moving average of $97.06. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 1.98 and a beta of 1.43. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. Crocs, Inc. has a one year low of $73.76 and a one year high of $144.23.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $0.22. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business earned $4.01 EPS. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. Analysts predict that Crocs, Inc. will post 13.2 EPS for the current year.

Insider Activity at Crocs

In other news, EVP Susan L. Healy purchased 2,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average cost of $76.56 per share, with a total value of $153,120.00. Following the acquisition, the executive vice president directly owned 50,078 shares of the company’s stock, valued at $3,833,971.68. This represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John B. Replogle purchased 3,261 shares of the stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the acquisition, the director directly owned 15,417 shares in the company, valued at approximately $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.00% of the company’s stock.

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.