Aurora Investment Counsel raised its holdings in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) by 68.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,426 shares of the textile maker’s stock after buying an additional 5,865 shares during the quarter. Aurora Investment Counsel’s holdings in Crocs were worth $1,461,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Costello Asset Management INC purchased a new stake in shares of Crocs during the 1st quarter valued at $32,000. Larson Financial Group LLC lifted its stake in Crocs by 541.8% during the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock worth $37,000 after purchasing an additional 298 shares during the last quarter. IMA Advisory Services Inc. purchased a new position in shares of Crocs in the 1st quarter worth about $40,000. Brooklyn Investment Group bought a new position in shares of Crocs during the 1st quarter valued at about $40,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Crocs during the 2nd quarter valued at about $48,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Insider Buying and Selling
In related news, EVP Susan L. Healy bought 2,000 shares of the business’s 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 completion of the purchase, the executive vice president owned 50,078 shares in the company, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John B. Replogle purchased 3,261 shares of the stock in a transaction dated Friday, August 8th. The stock was bought at an average cost of $76.69 per share, with a total value of $250,086.09. Following the transaction, the director owned 15,417 shares in the company, valued at $1,182,329.73. The trade was a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.72% of the stock is owned by company insiders.
Crocs Stock Performance
Crocs (NASDAQ:CROX – Get Free Report) last released its earnings results on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.22. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the business posted $4.01 EPS. Crocs has set its Q3 2025 guidance at EPS. As a group, analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.
Analysts Set New Price Targets
CROX has been the topic of a number of recent research reports. Needham & Company LLC increased their price target on shares of Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, August 29th. The Goldman Sachs Group reduced their target price on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a report on Tuesday, July 22nd. Monness Crespi & Hardt lowered their price target on shares of Crocs from $140.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, August 8th. Barclays restated an “equal weight” rating and set a $81.00 price target (down from $119.00) on shares of Crocs in a research report on Friday, August 8th. Finally, Bank of America lowered their target price on Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a research note on Friday, August 8th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $102.00.
Read Our Latest Analysis on Crocs
Crocs Company 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.
Featured Articles
- Five stocks we like better than Crocs
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
- Consumer Discretionary Stocks Explained
- 3 High-Yield Banks for Investors to Buy on the Dip
- What is an Earnings Surprise?
- 5 Surprising Stocks Set to Benefit From a Future Robotics Boom
Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.