WINTON GROUP Ltd Takes $1.56 Million Position in Crocs, Inc. $CROX

WINTON GROUP Ltd purchased a new stake in Crocs, Inc. (NASDAQ:CROX) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 12,900 shares of the textile maker’s stock, valued at approximately $1,556,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Crocs by 159.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after acquiring an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake 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 worth $22,441,000 after purchasing an additional 8,331 shares during the period. EverSource Wealth Advisors LLC grew its position in Crocs by 278.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after purchasing an additional 634 shares in the last quarter. First Trust Advisors LP grew its position in Crocs by 14.3% during the 2nd quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after purchasing an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Crocs during the 2nd quarter valued at $6,290,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CROX. Weiss Ratings cut Crocs from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Williams Trading set a $150.00 price target on Crocs in a research report on Tuesday, June 9th. Monness Crespi & Hardt increased their price objective on Crocs from $130.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Robert W. Baird set a $163.00 price objective on Crocs in a research report on Friday, July 31st. Finally, Wells Fargo & Company started coverage on Crocs in a research report on Monday, June 8th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $139.10.

Crocs Stock Up 3.4%

CROX stock opened at $112.48 on Friday. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $141.28. The company has a quick ratio of 0.96, a current ratio of 1.49 and a debt-to-equity ratio of 0.94. The company has a market cap of $5.39 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 0.94 and a beta of 1.52. The company has a 50 day moving average of $127.55 and a two-hundred day moving average of $111.16.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, beating the consensus estimate of $4.35 by $0.20. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted ($8.82) EPS. Crocs’s revenue was up 2.6% on a year-over-year basis. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, equities analysts anticipate that Crocs, Inc. will post 13.95 earnings per share for the current fiscal year.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 19,072 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the transaction, the chief executive officer owned 713,293 shares in the company, valued at $99,083,530.63. The trade was a 2.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 3.10% of the company’s stock.

Crocs Company Profile

Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.

Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.